Tapioca DAO has fallen victim to a severe social engineering attack, leading to the compromise of the TAP token vesting contract. The attacker gained control of the contract’s ownership, enabling them to claim and sell 30 million vested TAP tokens. This incident significantly impacted the TAP/ETH liquidity pool (LP) owned […]
Author: Will Izuchukwu
Stablecoins Dominate Transaction Volumes, Surpassing Traditional Payment Giants
USDT and USDC now account for nearly 50% of the total transaction volume across major crypto assets, highlighting the growing importance of stablecoins in providing liquidity and market stability. USDT and USDC now represent nearly 50% of the total transaction volume among major crypto assets, underscoring the crucial role stablecoins […]
Exploring Total Value Locked (TVL) Dominance Across Crypto Markets
While Bitcoin dominance remains a key metric in the crypto space, Total Value Locked (TVL) has emerged as a crucial indicator, reflecting the strength and influence of various decentralized finance (DeFi) protocols. In the realm of decentralized exchanges (DEXs), Uniswap leads the pack with over 25% of the total TVL. […]
Bitcoin Whales Increase As Dominance Hits 3-Year High, Potential Short-Term Dip Looms
Bitcoin’s number of large holders, or “whales,” saw a significant rise as the cryptocurrency’s price bottomed around $59K on October 10th. Between October 10th and 13th, the network added 268 wallets holding between 100-1,000 BTC. This surge in whale activity likely played a role in the current bull rally. 🐳 […]
USDT Transfers On TRON Network Surge To $424 Billion In September
Tether (USDT) may not always be in the spotlight, but it remains a cornerstone of the cryptocurrency market. In September alone, over $424 billion worth of USDT was transferred on the TRON network, marking one of the largest monthly transfer volumes ever recorded. Stablecoins have seen a surge in popularity […]
Ethereum Staker Revenue Drops 30% Amid Market Slump, But Validator Numbers Hit New High
Ethereum’s staker revenue has taken a sharp dive, plunging 30% since March to reach just $174 million in September, mirroring the broader downturn in the crypto market and reduced on-chain activity. Despite this drop in revenue, the number of Ethereum validators has surged to an impressive 1.09 million, reflecting strong […]
Bitcoin Whale Transactions Surge Amid Growing Market Uncertainty
Bitcoin’s whale activity has reached its highest level in over ten weeks, with a staggering 11,697 transactions exceeding $100K recorded on Tuesday. Wednesday is on track to see a similar spike, indicating significant movement among large holders. 🐳 Bitcoin's whale transactions have spiked to their highest level in over 10 […]
Solana’s Eventful Week: Memes, RWAs, And Stripe USDC Launch Fuel Growth Despite SOL Dip
This week, Solana saw a mix of highs and lows across its ecosystem, with its native token SOL dipping 1.61% to $141.85. Despite the slight decline, the DeFi space on Solana continues to grow, with the total value locked (TVL) in decentralized finance surging to $5.41 billion. However, the overall […]
FET Foundation Transfers $8.7M In $FET To DWF Labs: Price Surge Or Selloff Ahead?
The FET Foundation recently transferred 6 million $FET tokens, valued at approximately $8.7 million, to DWF Labs just two hours ago. Of that, 2 million $FET have already been deposited on Binance. This move has sparked curiosity and speculation within the crypto community. Back in February, DWF Labs made a […]
Cheems Token Skyrockets 5450% In 30 Days After Major Burn And Migration
The memecoin frenzy continues as @LordCheems_bsc ($CHEEMS) sees an extraordinary 5450% increase in just 30 days. Following a recent burn of $3.7 million worth of tokens, the Cheems token surged to a new all-time high (ATH) today, reaching $0.00000042. This sharp rise has boosted its market cap to $74.5 million, […]
Base Takes The Lead In Layer 2 Transaction Volume, Surpassing Arbitrum And Optimism
As of October 14, 2024, Base now dominates Layer 2 (L2) transactions, accounting for 67.6% of total activity. Arbitrum follows with 22.6%, and Optimism holds 9.7%, according to data from IntoTheBlock. This shift in transaction shares marks a significant change in the L2 landscape compared to a year ago. Back […]
Smart Dex Traders Boost $ENA Holdings As Token Surges Over 50% In One Week
Smart Dex traders have been aggressively accumulating $ENA in the past 48 hours, purchasing 973.2K tokens worth approximately $381.7K. This buying spree has significantly increased their holdings, coinciding with a notable rise in $ENA’s price, which has surged nearly 5% in the last 24 hours. 🚨Update: Smart Dex Traders Continue […]
Storj Team Resumes Token Deposits To Binance As STORJ Price Surges Over 25%
The Storj team has resumed depositing tokens into Binance after a seven-month hiatus, transferring 5 million STORJ tokens (worth approximately $2.99 million) via GSR Markets. This move comes after a long period of inactivity and mirrors previous patterns observed in late 2023 and early 2024. Last year, on November 9, […]
$TURBO Price Drops 11% After Team-Linked Wallet Deposits 810M Tokens To Exchanges
The price of $TURBO experienced a sharp 11% drop in the past three hours following the deposit of 810 million tokens (valued at $9.97 million) to Binance and OKX. This large transfer was made by a wallet linked to the TurboToadToken team, raising suspicions of another major sell-off. This activity […]
Single Entity Sells 866M REEF Tokens At A Massive Loss Across Multiple Exchanges
In a significant development, three wallets—0x76e, 0xc49, and 0xfcc—belonging to the same entity, have collectively deposited 866 million REEF tokens (valued at $2.07 million) to HTX, KuCoin, and Gate.io over the past two hours, resulting in a substantial loss. These wallets were initially funded with 0.1 ETH each by the […]
Smart Money Trader Nets $2.45M Profit On GOAT Token After 3,375x Return
In an extraordinary crypto trade, a smart money wallet, stupidmoney.sol, cleared an astonishing profit of $2.45 million after flipping 15.15 million GOAT tokens. The trader spent a mere $727 five days ago and saw a mind-boggling return rate of 3,375 times on the initial investment. 聪明钱 stupidmoney.sol 五小时前清仓 1515 万枚 […]
Dogecoin Sees Decline In Wallets Amid Market Uncertainty, But Analysts Predict Major Surge
Dogecoin holders are dwindling rapidly, with over 106,600 non-empty DOGE wallets disappearing since October 8th. This decline reflects growing frustration among traders with the largest meme coin’s lackluster performance, prompting many to shift their focus toward other assets with quicker potential returns. 🐶📉 Dogecoin holders are rapidly falling in number. […]
Ripple Partners Announce Support For RLUSD Stablecoin, While XRP Smashes Transaction Records
Ripple has unveiled its first exchange and platform partners for the upcoming RLUSD stablecoin, which is set to launch on both the XRP Ledger and Ethereum. The list of partners includes notable names such as Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish. Additionally, market makers B2C2 and Keyrock […]