It’s been approximately 38 days since Makerdao, the decentralized finance (defi) project, rebranded as Sky and launched both the USDS stablecoin and the SKY token. During this time, more than a billion USDS coins have been minted, and 530 million DAI have been converted to the new standard. Makerdao Sees 530 Million DAI Upgraded Since […]
HTX Freezes Over $80K in Stolen Assets: August Security Updates
PRESS RELEASE. User safety is always HTX’s top priority. The platform is dedicated to protecting user assets and has implemented regular security reports. HTX has previously released security reports for May,June, and July. The main content of HTX’s August Security Monthly Report is outlined below, covering key areas such as account security, transaction security, and […]
Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed
Bitcoin faced a challenging August, with its price dipping by 8.6%. Data shows that although 84 previously inactive bitcoin wallets became active last month, the total amount of vintage BTC spent was lower in August than in July. Specifically, dormant wallets spent around 2,291 BTC from addresses that hadn’t been touched between 2011 and 2017. […]
Polymarket Hits Record $472.87M in August Volume Amid Election Betting Frenzy
The blockchain-powered prediction market Polymarket saw an additional $ 85.84 million in trading volume during August, marking a notable uptick from July. August’s volume of $ 472.87 million set a new high, surpassing every month since Polymarket’s inception. Polymarket Volume Soars in August While some sectors faltered in August, Polymarket thrived, setting new …
Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $ 4.14 million drop compared to July. August Bitcoin Mining Revenue Drops $ 99.75M Lower Than …