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Compound Finance is experiencing a surge in on-chain and network activity despite being embroiled in controversy. Recent data shows that whale transactions, on-chain volume, and token circulation are at or near year-high levels. The Compound community’s trust in the project has been shaken by several questionably passed initiatives following sparse voting. The situation has sparked … Read more
Recent data from @santimentfeed highlights Litecoin’s prominent position in the cryptocurrency world, particularly regarding the number of non-empty wallets. This trend underscores strong investor trust and the stability of LTC. Litecoin continues to stand out in the cryptocurrency world, particularly in terms of the number of non-empty wallets, indicating strong investor trust and stability. Source, … Read more
$MOG has experienced a significant uptick, rising over 13% in the past 24 hours. This surge is accompanied by substantial accumulation from several Smart Dex Traders, highlighting increased confidence in the token. Wallet 0xe99b recently bought 57.17 billion $MOG, valued at $117.56K, four hours ago. This wallet has previously earned over $1.16 million in profits … Read more
$WHY, a popular meme coin on the Binance Smart Chain (BSC), has experienced a phenomenal surge of over 2900% since its listing in early May. The coin saw a significant boost when BNB Chain announced the BNB Incubator Alliance at the Bitcoin 2024 Conference in Nashville, causing $WHY’s price to double in the days following … Read more
A significant deposit of $ZIG tokens has been detected in the CEX Flows section, raising eyebrows in the crypto community. A wallet, identified as 0x905d, transferred 22 million $ZIG tokens, valued at approximately $3.08 million, to the Bybit exchange within the past 24 hours. The 0x905d wallet is suspected to belong to an insider. On … Read more
Cameron Winklevoss, co-founder of Gemini and Winklevoss Capital, has called out U.S. Vice President Kamala Harris for her alleged intentions to reset the relations of the current government with the crypto industry. Winklevoss stated that, as former President Trump had previously acknowledged, the crypto industry is a ‘high IQ industry’ and would not fall for … Read more
This week, the open-source bitcoin explorer and onchain parser, mempool.space, unveiled its new bitcoin transaction accelerator. The team shared on X that it has collaborated with several major mining pools that contribute significantly to the network’s overall hashrate. Mempool.space and Several Mining Pools Launch Bitcoin Transaction Accelerator In the past few days, the average BTC … Read more
The crypto exchange Bybit has introduced a digital rupee (eRupee) as a new payment method for Indian rupee transactions. The launch aims to provide a secure alternative for INR users on its platform. Bybit Aims to Enhance INR Payments With Launch of Digital Rupee Bybit, a digital currency trading platform, announced the introduction of the … Read more
Four Ukrainian residents suspected of kidnapping and ultimately murdering a foreign national over his bitcoins have been detained, according to Kyiv police. During an operation to apprehend the suspects, police recovered money, the vehicle used in the kidnapping, and other material evidence. Police Recover Body of Slain Foreign National The Ukrainian police announced on July … Read more
In August, the cryptocurrency market is set to see the unlocking of nearly $1.5 billion worth of tokens. This includes a significant release of 1 billion $XRP tokens, valued at $609 million, by Ripple on August 1. Additionally, Avalanche (AVAX) and Wormhole are scheduled to unlock a combined $449 million, with Wormhole releasing 600 million … Read more