🚀 Analyst Highlights Surge In USDT Holdings On Trading Platforms Since August 2024
#USDT #stablecoin #tradingplatforms #cryptocurrencymarket #buyinginterest #cryptocurrencyprices #markettrends #riskaversion
According to BlockBeats, on September 10, analyst Yonsei_dent noted a significant increase in USDT stablecoin holdings on trading platforms since August 2024. This marks a notable shift compared to the relatively stable USDT holdings observed from March to July this year, drawing attention to the potential implications for the cryptocurrency market.
The analysis suggests that the influx of stablecoins into trading platforms is typically interpreted as a sign of increased buying interest, which could positively impact cryptocurrency prices. However, the increase in holdings does not necessarily guarantee a price rise. If market trends remain unclear or if the global economic situation is challenging, investors might refrain from making purchases due to risk aversion.#USDT #stablecoin #tradingplatforms #cryptocurrencymarket #buyinginterest #cryptocurrencyprices #markettrends #riskaversion
🚀 Tokyo Electric Power Subsidiary Explores Bitcoin Mining With Renewable Energy
#TokyoElectricPower #BitcoinMining #RenewableEnergy #AgileEnergyX #Cryptocurrency #BTC
According to Foresight News, Agile Energy X, a subsidiary of Tokyo Electric Power Grid, is investigating the potential of using renewable energy for Bitcoin mining. Agile Energy X estimates that by utilizing 10% of its electricity, it could mine Bitcoin worth approximately 360 billion yen (around $2.5 billion) annually.#TokyoElectricPower #BitcoinMining #RenewableEnergy #AgileEnergyX #Cryptocurrency #BTC
🚀 Eastern European Hackers Target macOS with Malware
#EasternEuropeanHackers #macOS #Malware #CyberSecurity #DataStealing #PasswordTheft #Keychain #WalletSecurity #BruteForceAttack #CryptoTheft
According to Odaily, SlowMist founder Yu Jian has reported that Eastern European hackers have recently released malware targeting macOS systems. Once executed, this malware automatically steals cookies, autofill information, password data, and locally encrypted mnemonic/private key files from browser extensions. Additionally, it can access information stored in the macOS Keychain, which often includes various passwords and other sensitive data.
Yu Jian explained that based on past emergency cases, whether on macOS or Windows, the attacker's steps are generally as follows: First, they decrypt the locally encrypted mnemonic/private key files from the wallet extensions. Some passwords are readily available locally, while others are obtained through brute force attacks. Consequently, some users' wallet assets are stolen days after the initial infection. If the target wallet's assets are minimal, the malware remains dormant until there are sufficient funds to steal.
Secondly, the malware compromises browser-stored account credentials, including those for platforms like X and various trading platforms. Lastly, it targets communication apps such as Telegram and Discord. Therefore, if infected, it is crucial to prioritize securing these accounts before performing antivirus scans or reinstalling the operating system to restore the system.#EasternEuropeanHackers #macOS #Malware #CyberSecurity #DataStealing #PasswordTheft #Keychain #WalletSecurity #BruteForceAttack #CryptoTheft
🚀 StarkWare CEO Highlights Gender Imbalance in Cryptocurrency Sector
#StarkWare #GenderImbalance #Cryptocurrency #Blockchain #WomenInTech #DigitalCurrency
According to Odaily, StarkWare co-founder and CEO Eli Ben-Sasson recently addressed a significant issue within the cryptocurrency industry. In a post on the X platform, Ben-Sasson pointed out that the sector is predominantly male-dominated and lacks sufficient female participation. This observation underscores the ongoing gender imbalance in the rapidly evolving field of digital currencies and blockchain technology.#StarkWare #GenderImbalance #Cryptocurrency #Blockchain #WomenInTech #DigitalCurrency
🚀 Starknet Governance Proposal for STRK Staking Activation Open for Voting
#Starknet #Governance #STRK #Staking #Voting
According to Odaily, a governance proposal to activate the staking function for STRK on Starknet is now open for voting. The voting period will conclude in two days.#Starknet #Governance #STRK #Staking #Voting
🚀 User Loses $520,919 in Pendle-LPT Tokens Due to Phishing Signature
#Pendle #LPT #phishing #cryptocurrency #ScamSniffer #security #vigilance
According to Odaily, a user recently lost $520,919 worth of Pendle-LPT tokens due to a phishing signature. The incident was detected by Scam Sniffer, a monitoring service, just six minutes after the user signed a 'permit' phishing signature. This event highlights the ongoing risks associated with phishing attacks in the cryptocurrency space, emphasizing the need for heightened vigilance and security measures among users.#Pendle #LPT #phishing #cryptocurrency #ScamSniffer #security #vigilance
🚀 Catizen Gaming Platform Gains Significant User Base and Revenue
#Catizen #GamingPlatform #TONFoundation #Telegram #UserBase #Revenue #Blockchain #GamingIndustry
According to BlockBeats, on September 10, Steve Yun, Chairman of the TON Foundation, expressed his support for the Telegram-themed gaming platform Catizen in a tweet. Yun highlighted that Catizen has amassed 36 million registered users, with over 860,000 paying users. The platform generates more than $300,000 daily and has achieved over $26 million in self-generated revenue within six months, making it a leading project team in Asia in Yun's view.
Catizen's user base includes over 2.24 million Telegram Premium users, accounting for 22.4% of Telegram's total paying users. Additionally, Catizen has more than 2.4 million on-chain users, representing nearly 30% of the 6.8 million monthly active users in the TON ecosystem.#Catizen #GamingPlatform #TONFoundation #Telegram #UserBase #Revenue #Blockchain #GamingIndustry
🚀 Bond Market Signals Recession Concerns Amid Yield Curve Inversion
#BondMarket #RecessionConcerns #YieldCurveInversion #TreasuryYields #FederalReserve #EconomicSlowdown #InterestRates #FinancialAnalysis
According to BlockBeats, on September 10, DataTrek co-founder Nicholas Colas highlighted that the shift in the long-term relationship between 2-year and 10-year U.S. Treasury yields was not the only recession warning from the bond market last Friday. The significant drop in the 2-year Treasury yield has pushed the spread between short-term notes and the federal funds rate to its most negative level in at least 50 years. Colas noted that during this period, the spread between these two short-term rates has only fallen below -1% three times, and each time, a recession began within a year. However, Colas does not believe this necessarily means a recession is imminent. He stated that a recession requires a catalyst to start, and so far, the U.S. has not experienced any events that could trigger such a severe economic slowdown. Instead, this inversion suggests that bond traders are increasingly worried that the Federal Reserve is not lowering borrowing costs in a timely manner amid a slowing labor market. In a report on Monday, Colas mentioned, 'The bond market is saying that the Federal Reserve is far behind the curve in cutting rates.'#BondMarket #RecessionConcerns #YieldCurveInversion #TreasuryYields #FederalReserve #EconomicSlowdown #InterestRates #FinancialAnalysis
🚀 Dormant Bitcoin Address Activated After Over a Decade
#Bitcoin #DormantAddress #Blockchain #Cryptocurrency #WhaleAlert #BTC #Activation #LongTerm #Investment
According to Foresight News, WhaleAlert has reported that a dormant Bitcoin address holding 19 BTC was activated today at 17:18 UTC+8. The address had been inactive for 10.8 years. The value of the activated Bitcoin is approximately $1,083,541.#Bitcoin #DormantAddress #Blockchain #Cryptocurrency #WhaleAlert #BTC #Activation #LongTerm #Investment
🚀 Stablecoins Worth $300 Million Flow Into Exchanges Amid Market Decline
#stablecoins #marketdecline #investors #tradingplatforms #cryptocurrency
According to Odaily, data from IntoTheBlock reveals that stablecoins valued at $300 million flowed into trading platforms yesterday. This movement suggests that investors might be taking advantage of the market downturn to enter positions.#stablecoins #marketdecline #investors #tradingplatforms #cryptocurrency
🚀 Aave Labs Re-Enables Collateral Repayment Feature in Aave V3 Market
#Aave #AaveV3 #CollateralRepayment #DeFi #Blockchain #AAVE
According to Odaily, Aave Labs has announced on social media that the collateral repayment feature in the Aave v3 market has been re-enabled.#Aave #AaveV3 #CollateralRepayment #DeFi #Blockchain #AAVE
🚀 MagicEden Leads NFT Market With Over $120 Million In August Transactions
#MagicEden #NFT #transactions #marketshare #Blur #OpenSea #August #CoinGecko #Odaily #BLUR
According to Odaily, a report from CoinGecko reveals that MagicEden topped the NFT market in August with a transaction volume exceeding $120 million, capturing a market share of 36.7%. This positions MagicEden as the leading platform in the NFT space for the month.
Blur, which held a market share of 35.4% at the beginning of the year, saw its share decrease to 25.4% in August. The platform's transaction volume for the month dropped to $84.69 million, placing it second in the rankings.
OpenSea secured the third position with a market share of 19.9% and a transaction volume of $66.52 million in August. The report highlights the shifting dynamics within the NFT marketplace, with MagicEden emerging as the dominant player.#MagicEden #NFT #transactions #marketshare #Blur #OpenSea #August #CoinGecko #Odaily #BLUR
🚀 Tron, Tether, And TRM Labs Form T3 Financial Crime Unit
#Tron #Tether #TRMLabs #T3FCU #FinancialCrime #Blockchain #Cryptocurrency #TRX
According to Foresight News, Tron, Tether, and blockchain intelligence firm TRM Labs have jointly announced the establishment of the T3 Financial Crime Unit (T3 FCU). This initiative aims to combat financial crimes through public-private collaboration, focusing on purifying the Tron network and addressing the illegal use of USDT.#Tron #Tether #TRMLabs #T3FCU #FinancialCrime #Blockchain #Cryptocurrency #TRX
🚀 DYdX Community Proposes $5 Million Token Distribution in Season Six Incentive Plan
#dYdX #DYDX #token #distribution #incentiveplan #cryptocurrency #trading
According to BlockBeats, on September 10, the dYdX community initiated a proposal to distribute DYDX tokens worth $5 million to traders as part of the Season Six incentive plan. The proposal is currently open for voting.#dYdX #DYDX #token #distribution #incentiveplan #cryptocurrency #trading
🚀 Band Protocol Launches Band V3 With Key Improvements
#BandProtocol #BandV3 #DecentralizedOracle #ForesightNews #Crypto #Blockchain #PriceFeeds #DataTunnels #DevUX #Security #BAND
According to Foresight News, decentralized oracle project Band Protocol has announced the release of Band v3. The code for this new version will be rolled out in multiple phases, with the public development network expected to be available in a few months. Band v3 comprises three key components: Signal Center, Concurrent Price Feeds, and Data Tunnels. Compared to its predecessor, Band v3 introduces several significant enhancements, including free access to open price data, easy integration through a new DevUX, and heightened security.#BandProtocol #BandV3 #DecentralizedOracle #ForesightNews #Crypto #Blockchain #PriceFeeds #DataTunnels #DevUX #Security #BAND
🚀 Bitmap Price Surges on Merlin Chain with Significant Premium
#Bitmap #MerlinChain #Bitcoin #Layer2 #MerlinSwap #MagicEden #CryptoTrading #TradingVolume #WhaleActivity
According to BlockBeats, on September 10, the price of Bitmap on the Bitcoin Layer 2 network Merlin Chain reached $36.39, reflecting a 14.2% premium compared to its price of $31.85 on Bitcoin Layer 1.
Over the past seven days, Bitmap's trading volume on the decentralized exchange MerlinSwap on Merlin Chain surpassed $464,000, while on Magic Eden, it was only $88,000. This significant difference highlights the growing preference for trading Bitmap on Merlin Chain.
Additionally, the largest whale holding Bitmap has sold over 13,200 Bitmap on MerlinSwap, exchanging them for 12 Bitcoins, valued at over $680,000. This substantial transaction underscores the active trading and liquidity of Bitmap on Merlin Chain.#Bitmap #MerlinChain #Bitcoin #Layer2 #MerlinSwap #MagicEden #CryptoTrading #TradingVolume #WhaleActivity
🚀 Magic Eden Futures Surge Over 50% in 24 Hours
#MagicEden #futures #surge #trading #cryptocurrency #WhalesMarket #increase #volume
According to BlockBeats, on September 10, data from Whales Market indicated that Magic Eden (ME) futures briefly surpassed $0.2, currently trading at $0.1999. This marks a significant increase of over 50% within the past 24 hours, with a trading volume of $840,000.#MagicEden #futures #surge #trading #cryptocurrency #WhalesMarket #increase #volume
🚀 GoPlus Unveils Web3 Security Layer Plan at KBW2024
#GoPlus #Web3 #KoreaBlockchainWeek #KBW2024 #EigenLayer #AVS #CryptoSecurity #Blockchain #Innovation #Decentralization
According to BlockBeats, on September 10, Web3 user security network GoPlus announced its participation in the Korea Blockchain Week (KBW2024). During the event, GoPlus revealed its plan to develop a modular user security layer for Web3 based on EigenLayer's Actively Validated Services (AVS). The initiative aims to provide a comprehensive, real-time, dynamic security firewall for users' crypto assets, operating 24/7. This project marks the first application of AVS in the security domain and the first provider to decentralize the entire process from data to computation.
In addition to the announcement, GoPlus co-hosted a forum at KBW2024 with EigenLayer, Altlayer, Solv Protocol, Story Protocol, Dodo Chain, and Nuffle Labs. The forum focused on the innovation and evolution of AVS, as well as infrastructure and security themes.#GoPlus #Web3 #KoreaBlockchainWeek #KBW2024 #EigenLayer #AVS #CryptoSecurity #Blockchain #Innovation #Decentralization
🚀 Lombard Reports Significant Growth In eBTC TVL
#Lombard #eBTC #TVL #etherfi #LBTC #EigenLayer #Symbiotic #KarakNetwork #wBTC
According to Odaily, Lombard has announced a substantial increase in the total value locked (TVL) of ether.fi's eBTC since its relaunch with LBTC last week. The TVL has surged from $38 million to $61 million, marking an increase of over 60%. To optimize re-staking benefits on platforms such as EigenLayer, Symbiotic, and Karak Network, all wBTC will be converted to LBTC starting from Wednesday, September 11.#Lombard #eBTC #TVL #etherfi #LBTC #EigenLayer #Symbiotic #KarakNetwork #wBTC
🚀 Bitcoin Repledging Protocol Lombard To Convert wBTC To LBTC
#Bitcoin #wBTC #LBTC #repledging #EigenLayer #Symbiotic #KarakNetwork #TVL #etherfi #eBTC
According to Foresight News, Bitcoin repledging protocol Lombard has announced that starting from September 11, all wBTC will be converted to LBTC. This move aims to maximize repledging benefits on platforms such as EigenLayer, Symbiotic, and Karak Network. The protocol's decision is expected to enhance the efficiency and returns of repledging activities across these platforms.
Additionally, Lombard highlighted that since the relaunch of LBTC last week, the total value locked (TVL) of ether.fi's eBTC has surged from $38 million to $61 million, marking an increase of over 60%. This significant growth reflects the rising interest and confidence in the repledging protocol and its associated platforms.#Bitcoin #wBTC #LBTC #repledging #EigenLayer #Symbiotic #KarakNetwork #TVL #etherfi #eBTC
🚀 Bitcoin Cross-Chain Liquidity Staking Platform Lombard Announces Growth in eBTC
#Bitcoin #Lombard #eBTC #liquidity #staking #crosschain #EigenLayer #Symbiotic #Karak #wBTC #LBTC
According to BlockBeats, on September 10, Bitcoin cross-chain liquidity staking platform Lombard announced that ether.fi's eBTC has grown from $38 million to $61 million since its relaunch with LBTC last week.
To maximize restaking on EigenLayer, Symbiotic, and Karak, all wBTC will be converted to LBTC starting September 11.#Bitcoin #Lombard #eBTC #liquidity #staking #crosschain #EigenLayer #Symbiotic #Karak #wBTC #LBTC