In the past week, trading activity on the decentralized exchange (dex) Thorchain has experienced a significant surge, reaching $ 1.854 billion in trade volume. Data shows that Thorchain is currently the third-largest dex in terms of volume, following the popular dex protocols Uniswap and Pancakeswap. 2% of Global Bitcoin Spot Trading Channeled Through Thorchain …
Binance US CEO Quits, Crypto Exchange Cuts Third of Jobs
Chief Executive Officer of Binance US, Brian Shroder, has left the company amid an ongoing regulatory crackdown and more job cuts. Shroder’s departure comes two years after he joined the American subsidiary of the world’s largest cryptocurrency exchange by daily trading volume. Shroder Departs Binance US as Unit Eliminates Over 100 Positions The CEO of […]
The Elite Ten: How a Handful of Ethereum Wallets Command Over a Third of ETH’s Total Supply
Ethereum (ETH), boasting its position as the second most dominant cryptocurrency by market capitalization, is held by a staggering 242,686,839 unique addresses. Fast forward to September 3, 2023, and a mere ten ether addresses command a whopping 34.18% of its entire supply. Let’s dive in for an insightful glimpse into the top ten ETH wallets […]
NFT Sales Slide for Third Consecutive Week Amid Crypto Downturn
Sales of non-fungible tokens (NFTs) have taken another hit, declining over 10% from the previous week, with transactions totaling $ 85,046,840 since Saturday, August 26, 2023. This marks the third consecutive week of falling NFT sales, reflecting the broader crypto economy’s downturn and its significant impact on the NFT marketplace. Can NFTs Rally in …
The Enigmatic Rise of the $3 Billion BTC Whale — Tracing the Mysterious Path of Bitcoin’s Third Largest Wallet
This week, various reports and social media discussions have centered around the third-largest bitcoin (BTC) wallet, a long-standing enigma that potentially maintains the same ownership despite changes in its address. Billion-Dollar Mysteries: The Cryptic Evolution of Bitcoin’s Third-Largest Wallet The mysterious bitcoin wallet has garnered attention as it rose to the third largest in …