Blast L2 TVL has plummeted 97%, from $2.2B in June to ~$67M now (DeFiLlama). Notably, the Blast team & founder Pacman haven't posted on X in 3 months.
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A dormant crypto whale just moved 2,318 ETH ($9.94M) from Wintermute & Kraken in the last 20 hrs! Now holds 5,191 ETH ($22.31M) with ~$4.45M in unrealized profit. π #crypto #whale #ETH
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Bernstein predicts the crypto bull market will run until 2027, fueled by US policies & institutional investment. Bitcoin could hit $150K-$200K next year, with Ethereum, Solana & DeFi to follow. Expect capital flow to platforms & stablecoins. (The Block) #crypto #bitcoin
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New non-profit American Innovation Project (AIP) launched! Backed by Coinbase, Uniswap Labs & a $1M grant from DCG, AIP will connect tech experts with US policymakers to foster dialogue on crypto & AI. More: link to original article
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xStock, a tokenized stock platform, hit a one-month high of $5M+ in trading volume on Aug 18th! π TSLAx (tokenized Tesla) reached a record $3.28M, driving over 27k transactions. NVDAx also saw heavy activity. Data via @defioasis.
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Chinaβs Ningbo authorities busted a fraud scheme targeting tobacconists. Perpetrator Zhou used fake slips to get Moutai liquor, then laundered the money via crypto. Zhou received 1.5 years in prison & a fine. Investigation continues into others involved. (via *ζ³ζ²»ζ₯ζ₯*)
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XT exchange saw massive, likely erroneous, price spikes on many altcoins today (trillions of % gains reported!). Trading & withdrawals are now suspended for a system upgrade. Via @WuBlockchain.
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Odin.fun confirms BTC funds remain frozen after a hack & unauthorized transfers. Working with authorities & conducting security audits. Trading paused, but user funds are pledged 1:1. #Bitcoin #hack
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HK firms launch Digital Asset Anti-Money Laundering Committee (DAAMC) β Yuan Coin Innovation, HashKey, Beosin, SlowMist β backed by HKVAIA. Focus: stablecoin compliance & fighting financial crime under HKMA rules. #AML #stablecoins #crypto
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LatAm crypto trading volume exploded β up 9x between 2021-2024 to $27B! π Ethereum, Tron, Solana & Polygon are fueling growth. USDT/USDC dominate (90%+) but local stablecoins (BRL, MXN) are surging (660%/1,100% YOY). New platforms are bridging crypto to everyday spending. #crypto #LatAm
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