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Recent activity in the Maker (MKR) market has attracted significant attention, particularly involving major players and substantial trades. A smart trader who previously made a profit of $8.51 million by trading MKR has recently sold 1,150 MKR tokens, valued at approximately $2.2 million, around 8 hours ago. This brings their total profit from MKR trading … Read more
The Ronin blockchain, widely known for its association with the popular game Axie Infinity, is under scrutiny once again. According to PeckShield, Ronin is suspected of being hacked, with an estimated $9.33 million at risk. This comes in the wake of a major security breach in March 2022, where Axie Infinity’s sidechain, Ronin Network, suffered … Read more
Despite a recent price decline, the $sdCRV / $CRV pool on Curve Finance has seen substantial action over the past two days, with over 6 million $sdCRV and $CRV swapped, maintaining a strong peg. This activity is reflected in the pool’s vAPY, indicating sustained interest and usage. ♻️ The $sdCRV / $CRV pool on @CurveFinance … Read more
In the past 24 hours, $MOG has seen a remarkable 39.6% increase after experiencing a steep decline in recent days. Savvy DEX traders who previously made significant profits from $MOG are now returning to buy @MogCoinEth. Here are some notable wallets making moves: Sixteen hours ago, wallet 0xc41b (icrypto.ai/wallet/0xc41b9…) purchased 238.39 billion $MOG at an … Read more
On August 5th, iCrypto witnessed a significant sell volume of $1.66 million for the RWA token, $ONDO. Notably, $1.59 million of this came from the wallet 0x3737, known as “ThisWillMakeYouLoveAgain.” This trader initially bought $ONDO in the ~$0.25 range and sold a portion as the price doubled. However, he reinvested at the peak, buying in … Read more
The Political Meme ecosystem is set to explode over the next three months, with the news of two potential Vice Presidential candidates to support Kamala Harris sparking a frenzy. Tokens representing these individuals are being traded like precious gems on platforms like iCrypto.ai. Among the standout performers, $SHAPIRO surged by 130%, $HARRIS increased by 115%, … Read more
On Wednesday, Ethena Labs, the team responsible for the yield-bearing stablecoin project USDE, revealed its expansion to the Solana blockchain. This move brings USDE to the distributed ledger, with SOL now also being used as part of the stablecoin’s reserve backing. USDE Stablecoin Project Extends to Solana, Includes SOL Backing Despite witnessing redemptions totaling around … Read more
On Aug. 5, 2024, global crypto trade volume surpassed $200 billion, and current 24-hour statistics show approximately $148.26 billion in volume has been finalized the following day. Data reveals that Binance, the leading crypto exchange by trading volume, experienced inflows of $1.2 billion over the past day. Binance CEO Richard Teng noted that this “marks … Read more
A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all forms of election-related gambling in the United States. This appeal is timely, as Polymarket, a blockchain-based platform for real-time prediction markets, has gained traction with … Read more
On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows. 3 Leading Bitcoin ETFs Experience Major Outflows Grayscale’s Bitcoin Trust (GBTC) experienced a significant outflow of $69.12 million, bringing its total net … Read more