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Secret Network’s native token, $SCRT, has experienced a remarkable surge, emerging as the top gainer on leading cryptocurrency exchange Binance. With a staggering 500% increase in trading volume within 24 hours and a notable 24% price surge, $SCRT has captured the attention of the crypto community. Secret Network’s prominence in the Cosmos IBC ecosystem is … Read more
Investors are expressing apprehension following news that Daniel Wang, the creator and former CEO of Loopring, a decentralized exchange protocol, transferred a significant portion of the system’s token, LRC, to Binance, the leading cryptocurrency exchange platform. This move has contributed to a decline in the token’s value, which had experienced a 5% increase over the … Read more
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Nayib Bukele wins the presidential elections in El Salvador, the Brazilian tax authority finds over 25,000 irregularities in crypto tax statements, and Argentine President Javier Milei warns there will be no dollarization this … Read more
Ethereum has shed a significant part of its supply since the London upgrade, applied in August 2021. According to ultrasound.money, a portal that records several statistics associated with the ETH burn, over 4 million ether (3.2%) have been removed from the network since the adoption of EIP-1559, which changed how fees are calculated. EIP-1559 Burns … Read more
Since the conclusion of the spot bitcoin exchange-traded fund (ETF) trading sessions on Feb. 9, 2024, the nine freshly launched ETFs have amassed 6,009.49 bitcoin, valued at approximately $288 million. Concurrently, Grayscale’s Bitcoin Trust (GBTC), which evolved into a publicly-traded exchange-traded product, has sold off about 2,252.2 bitcoin, amounting to roughly $108 million. New Bitcoin … Read more
OM – MANTRAchain, the pioneering Cosmos chain designed to adapt to global blockchain regulations, has been on a remarkable upward trajectory in recent times. Over the past 90 days, it has surged by an impressive 1,227%, followed by a 370% increase in the last 30 days and a 169% gain in the previous week. Today, … Read more
Ethereum, the second-largest cryptocurrency by market capitalization, is inching closer to the $2,500 threshold, currently hovering around $2,450. Notably, over 1.35 million ETH, equivalent to approximately $3.33 billion, have been restaked into the eigenlayer. In a recent move, Justin Sun, the founder of Tron, unwrapped 94.5K WSTETH from Lido and promptly deposited it into Eigenlayer, … Read more
Pandora (PANDORA), an innovative ERC20/ERC721 token hybrid, has experienced a remarkable surge in value, catapulting it to the forefront of today’s top cryptocurrency gainers with a 130% increase in the last 24 hours. The concept of ERC-404 has been causing quite a stir in the crypto community, although its intricacies may elude some enthusiasts. The Pandora_ERC404 … Read more
Pendle, a protocol facilitating the tokenization and trading of future yield, has emerged as one of the standout projects in the cryptocurrency realm, boasting impressive returns over the last three months. With gains of 148% in the past 90 days, 137% in the last 30 days, and a notable 16% increase over the past week, … Read more
Chainlink has experienced a remarkable surge of 300% since June 17, 2022, skyrocketing from $6.3 to a recent peak of $19.68. The recent pump in LINK may be attributed to Chainlink’s Q4 ’23 product update, where the Chainlink Chief Product Officer hinted at the upcoming launch of LINK CCIP General Access early next year. Projects … Read more