Aegis, which says it holds trust license in Hong Kong and and the U.S., offers custodial services for on-chain transactions, while Lido, the largest decentralized finance (DeFi) app by total value locked, provides staking services to users that want to access liquidity to their staked assets. Source
Optimism and other layer 2 scaling systems such as Arbitrum are supposed to make transactions on the Ethereum blockchain cheaper and faster. After Ethereum completes its EIP-4844 upgrade, also called proto-danksharding, later this year, it will make transaction fees on layer 2s even “an order of magnitude cheaper,” Marc Arjoon, Ethereum research associate at CoinShares, wrote in a note. Source adoptionAllTimeGrowHighHitsInterestsLayerOptimismsToken CryptoX Portal
CryptoX – Cryptocurrency Analysis and News Portal The maneuver comes ahead of the activation of a major tech upgrade of the protocol called Aave v3. Source The post DeFi Protocol Aave Clears Bad CRV Token Debt from Exploit Attempt appeared first on CryptoX. CryptoX Portal
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Layer 1 blockchain Aptos’ token, which has been surging since the start of the year, broke an all-time high on Thursday. The token, APT, reached $19.42 and is up 423% since Jan. 1. The rally is far greater than those for bitcoin and ether, the two biggest cryptocurrencies by market cap. Bitcoin is up 30% in 2023, while ether has gained 34%. It’s not exactly clear why the price of APT has soared, but NFT (non-fungible volume) trading volume on the Aptos platform has been robust. Analysts, however, warn that the funding…
The wallet linked to receiving money from the scam was hosted on the Binance exchange. According to a Binance Smart Chain scan shared by internet sleuth ZackXBT, the hackers were able to make off with 26.95 BNB tokens, which is about $8,200. A group of cybercriminals has hacked the Twitter account of the US-based stock brokerage Robinhood Markets Inc (NASDAQ: HOOD) to promote scam RBH tokens on the Binance Smart Chain through the PancakeSwap decentralized exchange. The hack attack was reported yesterday when many of the 1.1 million Robinhood account followers on Twitter…
Place/Date: – January 26th, 2023 at 5:16 am UTC · 3 min read Source: Orbeon Protocol Millions of cryptocurrency tokens are being released every single day. Keeping track of what should be in an investors investment portfolio can take time and effort. But no worries, we have discovered a new token in phase 4 of its presale currently, which may bring 20x the profit in 2023 – Orbeon Protocol (ORBN). It will soon be seen how it will stack up against coins such as Dogecoin (DOGE) and the FTX Token…
The overall market capitalization of stablecoins fell for a 10th consecutive month in January to $137 billion, according to a report by research group CryptoCompare. Stablecoin dominance within the broad cryptocurrency market dropped to 12.4% from its all-time high of 16.5% in December, suggesting traders have been rotating from stablecoins into riskier assets, CryptoCompare said. Source
The defunct crypto lender Celsius is exploring the possibility of creating a debt token to repay creditors. The plan would need to be approved by regulators, but if approved by the trustee and financial authorities, the debt token would be called an “asset share token (AST).” Celsius Proposes ‘Asset Share Token’ as Plan to Repay Creditors, Subject to Regulatory Approval Various reports, including an editorial about the subject published by Bloomberg on Jan. 24, reveal that Celsius lawyers have detailed that the bankrupt company would like to become a publicly…
Also: Most major cryptos were in the red, but Axie Infinity’s AXS token continued to rally. Equity indexes were flat. Source link