๐๐ #USDT Paolo Ardoino: 40% of all blockchain fees are paid to send USDt. That's across 9 chains: ETH, Tron, TON, Solana, BSC, Avalanche, Arbitrum, Polygon & Optimism.
๐ธ #ETH Applications on Ethereum have generated ~$26.8 billion in user-paid fees since launch.
The 3 biggest contributors to the Ethereum economy or its GDP are: Tether, Uniswap, and Circle.
The 3 biggest contributors to the Ethereum economy or its GDP are: Tether, Uniswap, and Circle.
๐ข The Altcoin Season Index jumped to 51 โ signaling a potential shift away from #BTC dominance.
๐๐ค #ETH Active loans across lending protocols on Ethereum reaches $30 billion, up ~$27 billion since January '23.
Stablecoin supply is expected to ~10x by 2030. Lending protocols host a meaningful % of stables. Their growth is likely coupled. #stablecoin
Stablecoin supply is expected to ~10x by 2030. Lending protocols host a meaningful % of stables. Their growth is likely coupled. #stablecoin
๐ค #COIN Mizuho raises target on Coinbase shares to $267 on the back of July volume rebound. theblock.co
๐ค SEC Chairman Gensler's former chief of staff, compared liquid staking to the risky type of mortgage that led to the collapse of Lehman Brothers, which could have negative implications for cryptocurrency. decrypt
๐ฎ๐ฉ Indonesia is exploring the possibility of creating a national BTC reserve. cointelegraph
๐จ๐ณ #WLD China says Worldcoin-like iris scans pose a threat to national security. coindesk.com
๐ #BTC BitBridge plans to go public as a BTC treasury firm and launch BTC-backed lending. theblock.co
๐ดโโ ๏ธ A user fell victim to a phishing attack by signing a malicious transaction and lost $3.05 million.
๐๐ณ Whale Transactions:
1. Whale has created 4 wallets and accumulated 101,131 #ETH ($361 million) from FalconX, GalaxyDigital and BitGo in the last 2 days;
2. Galaxy Digital withdrew 250k #SOL ($40.7m) from staking and transferred them to Binance;
3. Whale transferred 1.25 billion #PUMP ($4.09 million) to Kraken. He spent 5 million #USDC to buy 1.25 billion #PUMP in a public sale across 5 wallets. Selling now would result in a loss of almost $1m.
1. Whale has created 4 wallets and accumulated 101,131 #ETH ($361 million) from FalconX, GalaxyDigital and BitGo in the last 2 days;
2. Galaxy Digital withdrew 250k #SOL ($40.7m) from staking and transferred them to Binance;
3. Whale transferred 1.25 billion #PUMP ($4.09 million) to Kraken. He spent 5 million #USDC to buy 1.25 billion #PUMP in a public sale across 5 wallets. Selling now would result in a loss of almost $1m.