Cryptocurrency News
In just one week, @aave has seen a 2.7k BTC (~$200M) spike in cbBTC deposits, following the launch of a new Merit program on October 24. The incentive initiative encourages users to lend cbBTC (Coinbase-wrapped BTC) and borrow USDC, resulting in cbBTC becoming the fourth most popular asset for USDC-backed […]
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 […]
The Core Foundation announced today the launch of its Dual Staking model, a significant upgrade to its pioneering Non-Custodial Bitcoin Staking system. This innovative model, which functions as a Bitcoin bond layer, has been instrumental in establishing the Bitcoin Risk-Free Rate. With approximately 55% of Bitcoin mining hash power now […]
AethirCloud, a project dedicated to decentralized GPU cloud infrastructure, has been making significant strides recently. Despite the broader market downturn, Aethir is showing bullish trends on all timeframes on CoinMarketCap, currently up 4% over the past 24 hours. On-chain data reveals that Whale 0xe2338 (icrypto.ai/wallet/0xe2338…) recently withdrew 3.6 million $ATH, […]
In a notable market move, fresh multisignature wallets have withdrawn a total of 43.19 million $ENA tokens, valued at $35.68 million, from exchanges Gateio and Bybit over the past week. This activity coincides with a 28% price surge in $ENA over the last seven days, resulting in these wallets accumulating […]