On Thursday, a weird tidbit of crypto news started to spread: according to a number of Chinese industry members, the Weibo account of Justin Sun, the founder of Tron and noted Chinese tech entrepreneur, was shut down. For some context, Weibo is effectively China’s version of Twitter, offering individuals and...
$20M worth of OP tokens were sent to the wrong crypto address provided by Wintermute, a market maker platform Before the funds could be retrieved, an attacker stole $20M OP tokens by deploying the L1 multisig contract to the same address on L2. Optimism, which is a leading Ethereum scaling...
Summary: Yesterday, Binance CEO Changpeng Zhao revealed that the exchange intends to liquidate its FTT holdings. Putting the solvency of FTX in doubt, sellers have rampaged the FTT market in the last 24 hours. Daily trading volume was at a six-month high without a corresponding price growth. Following Binance CEO...
Summary: MATIC’s price has gone up by 33% in the last month. Since Polygon announced that Meta had selected them for minting digital collectibles, MATIC has seen a surge in on-chain activity. A price/network growth divergence, usually followed by a price retracement, might be underway. Following the confirmation of tech...
The WallStreetBets insider accused of rugging the recently launched $WSB Coin has returned the stolen funds to the memecoin project. WSB surged by 155% following the return of funds.
Over the past few months, altcoins have bled out in a dramatic fashion. Bitcoin dominance — the percentage of the cryptocurrency market’s value made up of BTC — has rocketed to the two-year high of 72% from the bottom of 35% seen in mid-2018. To show the exact extent of...
Quick take: CZ has shared the pros and cons of Dogecoin (DOGE) He has pointed out that DOGE has a cool PR manager in Elon Musk However, it is somewhat centralized with 27% of all DOGE held by one address Furthermore, the top 20 addresses hold more than 20% of...
36.92% of TFUEL’s circulating supply is now staked on the Theta Network This translates to roughly 1,970,092,812 TFUEL Staking of Theta Fuel (TFUEL) has been active for less than 2 weeks 63.24% of THETA is also committed to staking TFUEL/USDT on the daily chart looks set for a trend reversal...
Wanchain 4.0 is now live on the Wanchain mainnet! This release marks the accomplishment of one of the major goals of the Wanchain project as stated in the whitepaper released by the Wanchain Foundation— the integration with private blockchains. The 4.0 release features the T-Bridge framework (with the “T” standing...
Quick take: Hodlers of over 1.23 Million Ethereum Classic addresses bought ETC at or near the all-time-high in January 2018 of $47. This translates to roughly 69% of Ethereum Classic holders. Ethereum is currently valued at $6.40 and the drop in returns could be a contributing factor to the negative...
Since the launch of the ERC-721 standard for non-fungible tokens in 2018, the crypto world has seen NFTs evolve in ways that would have been difficult to imagine five years ago. New use cases and capabilities are fundamentally changing the way users interact with not only the NFTs themselves, but...
