DWF Labs’ $20 million Cloudbreak Fund has quickly gained traction, achieving remarkable progress just 36 days after its launch on July 4th. In this short span, the fund has attracted over 90 high-quality projects, with an average of 2.5 projects joining daily. This level of participation underscores both DWF Labs’ […]
Author: Will Izuchukwu
Coinbase Expands Its Crypto Offering By Adding ZetaChain And Across Protocol
Coinbase is stirring up the crypto market with its latest announcement to include ZetaChain and Across Protocol on its listing roadmap. Coinbase Assets announced that it will add Zetachain (ZETACHAIN) and Across Protocol (ACX) to its listing roadmap. ZetaChain is an L1 blockchain and smart contract platform designed for interoperability. […]
Whale Cashes Out $5.07 Million Profit After Unloading 795.9 Billion PEPE
A savvy investor who strategically accumulated 795.9 billion PEPE tokens during a market low in early March has reportedly exited the position, securing a substantial profit of approximately $5.07 million. The exit occurred just five minutes ago, marking the end of a highly profitable five-month investment. The whale initially transferred […]
Bitcoin Surges Beyond $62.6K In Just Three Days, Leaving Traders Scrambling
Bitcoin made a remarkable leap, briefly soaring past $62.6K—a staggering 25% increase in just over three days. This unexpected surge caught many average traders off guard, highlighting the volatile nature of the cryptocurrency market. As excitement builds, some investors are now eyeing potential price targets of $70K to $75K for […]
Ethereum Fees Surge Amid Market Volatility, Hinting At A Potential Rally
Ethereum’s network fees spiked this week, driven by heightened market volatility. The surge in fees was largely fueled by increased activity on platforms like Uniswap and a wave of liquidations on Aave, reflecting the intense trading environment. Ethereum fees spiked this week as a result of the volatility, with Uniswap […]
Alameda Research Begins $WLD Deposits Amidst Ongoing Debt Settlement
Alameda Research has recently initiated the transfer of its $WLD tokens to centralized exchanges (CEX). Approximately nine hours ago, the company made its first significant move by sending 205,387 $WLD tokens, valued at $352,000, to Binance. This transaction occurred after Alameda vested the tokens from Worldcoin, which were acquired a […]
New MEMEcoin $RTR Sees Insider Profits Soar While One Trader Faces Major Losses
Within just 24 hours of its creation, the new MEMEcoin $RTR has already generated significant activity in the crypto market. In a surprising turn of events, five newly created wallets, suspected to be controlled by insiders, earned over $4 million in just six hours. These five wallets collectively spent approximately […]
Bitcoin Surges Past $60,000 As Major Institutional Moves Unfold
In a significant market development, Bitcoin has surged past the $60,000 mark, signaling renewed investor enthusiasm. Recent data highlights notable institutional activity surrounding the cryptocurrency, particularly involving Cumberland and Tether Treasury. Over the past 24 hours, Cumberland has received $73 million in USDT from Tether Treasury. This influx is part […]
Institution Faces $4.58M Loss After Selling $25M CRV; Convex Finance Tightens Grip On CRV Supply
An institution recently suffered a significant loss after offloading its entire 25 million CRV holdings over the past three days. The sale, executed at an average price of $0.22 per CRV, resulted in a $4.58 million loss. Originally, the institution had invested $10 million to acquire these 25 million CRV […]
Aave’s Dominance And Innovation: A Key Player In DeFi’s Future
Aave has established itself as the leading decentralized lending protocol, boasting over $10 billion in Total Value Locked (TVL). Ranking as the third-largest decentralized application (dApp) by TVL, Aave trails only behind Lido’s $24 billion and EigenLayer’s $12 billion, solidifying its crucial role in the DeFi ecosystem. Lending remains a […]
Bitcoin Faces Major Drawdown Amid Market Sell-Off And Whale Accumulation
August has proven to be an exceptionally eventful month for both equity and digital asset markets, marked by a significant market sell-off triggered by a “correlation-1” event. Bitcoin has been no exception, experiencing its largest drawdown of the current cycle, leading to capitulation among short-term holders. August has already been […]
Jump Trading Unstakes $29M In ETH from Lido Finance And Continues Redeeming WSTETH
Jump Trading has successfully unstaked 11,500 $ETH, valued at $29 million, from Lido Finance. Additionally, in the past hour, they redeemed 16,210 $WSTETH into 19,049 $STETH. The 11,500 $ETH has been transferred to the wallet “0xf58,” which Jump Trading frequently uses to deposit $ETH to centralized exchanges (CEX). Jump Trading […]
Dogecoin Shows Resilience With 68% Of Wallets In Profit, But Needs A Catalyst For Growth
Dogecoin is proving its resilience, with 68% of its wallets still in profit. Currently, it ranks 4th among assets with a market cap exceeding $1 billion. However, for Dogecoin to achieve further growth, the network needs a catalyst. Recent data shows a gradual decline in the number of new addresses, […]
Stablecoins Hit Record Highs In Single-Day Transfers As Institutions Buy The Dip
Yesterday marked a historic day for stablecoins, which experienced the highest number of single-day transfers ever recorded. This surge in activity comes as institutions begin to inject funds into the crypto market, taking advantage of lower prices to buy the dip. Cumberland, a major player in the crypto space, received […]
Synthetix Founder Unlocks $6.5M, Donates $86K To Former Treasurer SynthaMan
On-chain data reveals that Kain, the founder of @synthetix_io, unlocked $6.5 million from the project’s treasury and donated $86,000 to SynthaMan, the company’s former treasurer, who suffered liquidation during the weekend’s market plunge. SynthaMan had posted a message two days ago stating that he lost all his crypto assets due […]
Jupiter Exchange Announces $2.37B $JUP Token Burn Following Governance Vote
Jupiter Exchange has announced a significant decision following a recent governance vote: 30% of its $JUP team tokens will be burned. This proposal, which received overwhelming support with 95% of votes in favor, will see 3 billion $JUP tokens, valued at over $2.37 billion, burned over the next six months. […]
Solana Surges 7.5%, Outpacing Other Altcoins
Solana (SOL) has distinguished itself from other altcoins, surging by 7.5% in the past 24 hours. As a sentiment-driven cryptocurrency, SOL—ranked #5 by market cap—has the potential to continue its upward trend if the market sentiment remains optimistic. 📈 Solana has been making some separation against other altcoins, surging +7.5% […]
$NXRA Tokens Stolen In Suspected Proxy Contract Exploit
Cyver Alert System has detected a suspicious transaction involving the Nexera @Nexera_Official proxy contract. An address gained control of the proxy contract and executed an upgrade. Shortly after, the address used the “withdraw admin” function to transfer all $NXRA tokens. The malicious actor is currently selling the tokens for $ETH, […]