Uniswap v2 has nearly $1.2 billion total value locked and has averaged roughly $367 million in daily volume on Ethereum during the past week, DefiLlama data shows. Meanwhile, Uniswap v3, which is deployed on SushiSwap, Curve, Balance and PancakeSwap, among other networks, has roughly $2.9 billion total value locked. Source
Summary: A trader splurged almost $1 million buying Bitcoin Inscription #5232025 amid growing debates about congestion on the BTC network. This particular BTC Inscription holds 50,000 ORDI coins, the native asset of Ordinals Protocol which was created by developer Casey Rodarmor. ORDI was introduced earlier this year using the BRC-20 standard after developer Rodarmor designed a protocol for embedding digital data like art on every satoshi and pseudonymous builder Domo unveiled a token format akin to ERC-20 on Ethereum. A trader spent 35 BTC buying Bitcoin Inscription #5232025 amid growing…
The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the total meme coin sector faced a 7% loss against the dollar, with the top six prominent meme tokens enduring losses within 24 hours. PEPE‘s Meteoric Rise Hits a Roadblock with 12% Decline Numerous investors reaped significant rewards from the surging PEPE meme token market; however, its worth has diminished from its…
On May 9, crypto exchange OKX sent approximately $60 million worth of digital assets to wallets connected to failed hedge fund Alameda Research, according to data from crypto analytics platform Arkham Intelligence. Screenshot showing transfers from OKX to Alameda Research wallets. Source: Arkham Intelligence. The funds were spread out among 16 separate transactions and included approximately 337.9 million Mask Network (MASK) tokens (worth $1.3 million), as well as $57.77 million worth of Tether (USDT) stablecoin. In the past hour, Alameda Research wallets have received $57.77M in USDT from OKX. Link…
The protocol aims to eliminate the need for token bridges, wraps and swaps to make moving crypto tokens between blockchains safer. Source
Pepe coin (PEPE), inspired by the Pepe the Frog meme in the 2000s, is on a downward movement along with the global crypto market capitalization. As the asset’s price shows a bearish sentiment, whales have been busy accumulating. Soon after the largest crypto exchange, Binance, stated it would list the ethereum-based memecoin, PEPE flipped FLOKI to become the third-largest memecoin by market cap with DOGE and SHIB leading the list. Despite having no utility at this time, pepe coin has already recorded approximately 3,300% gains since its launch on April…
The Ordinal Token (ORDI) has made history by recording a staggering $93 million trading volume within just 12 hours after its first-ever centralized exchange (CEX) listing. The massive trading volume marks a major milestone for the first BRC-20 token on the market, leaving many in awe of the token’s performance and prompting questions. Listing on Gate.io Ordinals are gaining popularity in the bitcoin world as a new form of digital assets similar to NFTs. The unique feature of Ordinals is that users are inscribing images, video games, and other content…
Four days ago, the market capitalization of all the BRC20 tokens built on top of the Bitcoin network was a modest $95 million. However, over the past four days, the BRC20 market valuation has seen tremendous growth, increasing by 192% and reaching $279 million. More Than 13,000 BRC20 Tokens Built on Bitcoin Are Now Worth $279M The BRC20 token standard, which is built on top of the Bitcoin network, is gaining momentum and the BRC20 token economy is flourishing. As of Sunday, May 7, 2023, the BRC20 token economy is…
Pepe coin (PEPE), the viral meme coin with zero utility, is now the third most actively traded token on the Binance’s futures market flipping ripple (XRP), cardano (ADA), and others, statistics on May 7 show. PEPE’s trading volumes rise When writing, bitcoin (BTC) and ethereum (ETH), paired with USDT, the world’s most liquid stablecoin, only topped PEPE. Associated BTC and ETH trading volumes in the past 24 hours stood at $12.4b and $7.8b, respectively, despite a notable price contraction. PEPE is popular: Binance Meanwhile, the 1000PEPEUSDT perpetual was the third…
The promoters of the TruthGPT Coin and Elon Musk AI Token have been served with a cease and desist order by the Texas State Securities Board. The order comes as an attempt to stop what they allege is an illegal securities scam designed to profit from the rising interest in artificial intelligence (AI). According to the Emergency Cease and Desist Order, Horatiu Charlie Caragaceanu and related companies, including Hedge4.ai and The Shark of Wall Street, have misled investors with their TruthGPT Coin and Elon Musk AI Token promotions. The promoter…