1inch Team Executes Strategic Token Buyback, Accumulates 34.7M 1INCH

The 1inch team has been strategically maneuvering within the crypto market, recently executing a significant buyback of its 1INCH token. According to recent data, the team spent 1.751 million USDC to repurchase 7.961 million 1INCH tokens at an average price of $0.22. This buyback is part of a broader strategy that began on July 5, … Read more

Penpie Faces Security Breach, Pendle Takes Swift Action To Protect $105M In Assets

Penpie, a protocol built on top of Pendle, recently experienced a significant security breach that resulted in a loss of funds. In response, the Pendle team swiftly intervened to protect approximately $105 million from further potential losses. Alert: Penpie has encountered a security compromise. We have paused all deposits and withdrawals. Our team is working … Read more

Whale Faces Massive $3.54M Loss After Liquidating 14.95M BLUR On Binance

In a dramatic turn of events, a major crypto whale has moved 14.95 million BLUR tokens, valued at $2.18 million, to Binance at a significant loss. This whale, once the top staker of BLUR, is suspected of liquidating their entire position within the last 40 minutes. If these tokens are sold, the loss is expected … Read more

TON Blockchain Sees Surge In Activity With 46 Million Transactions Amid $DOGS Airdrop Excitement

The TON blockchain is making waves in the crypto space, recently processing over 46 million transactions in just one week, fueled by the buzz around the $DOGS airdrop. As of August 2024, the TON ecosystem is proving to be both dynamic and robust, showing impressive metrics across various fronts that highlight its growing potential. The … Read more

ApeCoin Project Enlists Wintermute For Major Token Transactions Amid Market Volatility

The ApeCoin project has recently turned to Wintermute for handling significant token transactions, raising eyebrows in the crypto community. Wintermute’s OTC address, 0xDbe…7B910, received 10 million $APE tokens from the ApeCoin Treasury and its Coinbase address three days ago. This transfer, valued at $6.31 million, marks a substantial move in the ApeCoin ecosystem. In the … Read more

Digital Asset Market Faces Turbulence As Ethereum And Bitcoin See Major Outflows

The digital asset market experienced significant volatility last week, with investment products seeing a total net outflow of $305 million, according to CoinShares. Leading the pack was Bitcoin, which saw outflows totaling $319 million, reflecting a cautious sentiment among investors. Ethereum wasn’t spared either, with outflows of $5.7 million and trading volumes stagnating. This stagnation … Read more

WazirX Faces $234M Hack, Users Could Lose 40% Of Funds Amid Restructuring Efforts

WazirX, a prominent Indian cryptocurrency exchange, has informed its users that they could face significant losses following a major security breach in July 2024 that resulted in the theft of $234 million. The platform is currently undergoing a restructuring process and has sought time from Singapore’s high court to devise a swift recovery plan to … Read more

$CAH: On-Chain Indicators Suggest Imminent Breakout

$CAH, currently 80% away from its recent all-time high of $53.77, has demonstrated remarkable resilience over the past month, bouncing back 100% from its recent lows. But what’s fueling this momentum, and is a significant upward move on the horizon? Let’s dive into the key on-chain factors driving $CAH’s potential breakout: Whale Activity: A substantial … Read more

Bitcoin’s Slight Dip Sparks Altcoin Interest And Capital Rotation

A minor 2.2% price drop in Bitcoin over the past 24 hours has triggered a significant 7.5% decline in total open interest on exchanges. In contrast, Ethereum and Solana’s open interest has remained relatively stable. This disparity suggests a few key takeaways: 📉 While Bitcoin has seen a mild -2.2% price drop in the past … Read more