In August, the DeFi protocols fee accumulation dropped 24% from July. DeFi protocol’s total amount of fee, excluding the base layers is $288 million. This has recorded the lowest since February. In February, the total was $265.18 million. Uniswap led the list with protocol fees of over $85.44 million. August’s
The TON blockchain processed an unprecedented 46 million transactions in a single week, according to blockchain analytics firm IntoTheBlock. This surge in activity has been largely attributed to the recent excitement surrounding the DOGS token airdrop. The TON blockchain processed over 46 million transactions last week, driven by the excitement
After the U.S. court’s order for FTX to pay $12.7 billion and repay creditors, the exchange is facing new challenges in its repayment efforts. The US Securities and Exchange Commission (SEC) has issued a warning against the bankrupt exchange’s strategy for repaying creditors. The SEC’s latest filing suggests a “possible
As the crypto market encounters a correction, Dogecoin (DOGE) has also displayed a significant drawdown, erasing recent gains. After reaching a peak of $0.1018 on August 30, following a favorable court ruling for Elon Musk and Tesla, DOGE has struggled to maintain its gains. The court found Musk’s tweets about
Shiba Inu (SHIB), saw a significant price surge of 10% on June 5, fueled by notable whale activity. Data revealed that a long-dormant Shiba Inu whale exchanged 1,000 Wrapped Ethereum (WETH) for 149.3M SHIB, valued at $3.476M. This whale had previously been inactive for 2.6 years, after selling 167B SHIB
The Shibarium community is known to show a spur of activity apart from being an active cornerstone for the memecoin sector. Shiba Inu, the second largest memecoin in the market often garners market attention with its burn rates spiking multifold. In recent times, as of the last 24 hours, the
In the last 24 hours, Dogecoin (DOGE) saw a modest uptick of 4.02%, reaching $0.1025 as it attempts to recover from recent setbacks. The slight boost in price was followed by the dismissal of a federal lawsuit against Elon Musk and Tesla, with the court ruling that Musk’s Dogecoin-related tweets
The memecoin space is abuzz with the recent activity of a major whale involving the dog-themed token WIF. This whale, the largest holder of WIF, recently borrowed 1.4 million USDC from Kamino, spending 1 million USDC to purchase 643,832 WIF at $1.55 just six hours ago. The whale currently holds
The cryptocurrency sector confronts several legal complications on a daily basis. While regulatory bodies often stand central to such occurrences, there are instances when individual traders raise issues. One such lawsuit was the 2022 Dogecoin Manipulation case filed against tech billionaire Elon Musk and his company Tesla. According to market
A notable move by a PEPE memecoin whale has caught traders’ attention. The investor, known for their diamond hand approach, initially spent $200,000 USDC to acquire 170 billion PEPE tokens on October 25, 2023. They held the tokens until July 25, 2024, when they sold them for $1.97 million USDC,
