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The spot market is in the driver's seat as perpetual futures open interest to market cap ratio remains low, one observer said.
Launch of the token comes alongside protocol launch and prior release of the wallet.
Bitcoin begins to fulfill traders’ downside targets as BTC price action retraces its steps in a crucial macro week.
The CEO of the Dubai-based exchange sees jurisdictions competing for crypto business in a post-FTX world. PLUS: Bitcoin holds near $30,000 amid investor cautiousness.
Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.
BTC could suffer its second monthly downturn of 2023, while ether seems headed for its first losing month.
The redemption plan for the protocol appears to heavily favor employees and Parrot’s venture investors.
The lending platform is on track to remove some $7 million of MKR governance tokens from the market in the next month, according to blockchain data.
The latest price moves in crypto markets in context for July 21, 2023.
Some selling pressure may have arisen from a revised U.S. bill that excludes a host of traditional securities from the "digital asset" category, which some say bodes ill for DeFi.
- 03:11On-chain ransom negotiations show ShibaSwap hacker refuses low-price ransomJinse Finance reported that last Friday, $2.8 million worth of crypto tokens (mainly dog-themed) were stolen from ShibaSwap, including approximately 25 billion KNINE tokens from the liquidity staking protocol K9 Finance. K9 hopes to recover these tokens and is willing to pay a bounty to the hacker. Last Monday, an address labeled "k9dev.eth" contacted the "Dear Shibarium Bridge hacker" on-chain, offering a bounty of 5 Ethereum in exchange for the stolen KNINE tokens. The K9 team likely made this move because they are eager to avoid the hacker dumping such a large amount of KNINE tokens, which could cause its price to plummet to nearly zero. The message also included a bounty contract address to facilitate the transaction and warned that "the bounty will start to decrease after seven days" to apply pressure. However, the hacker did not accept such a low offer, responding: "I cannot accept 5 Ethereum." The hacker countered by stating that the ransom should be no less than 50 ETH (about $225,000), adding: "Let me know when you are willing to pay this price."
- 03:04Project Hunt: Brahma, a decentralized protocol for activating and managing cross-chain and dApp liquidity, is the project unfollowed by the most Top figures in the past 7 daysChainCatcher news, according to tracking data from the Web3 asset data platform RootData X, in the past 7 days, the decentralized protocol Brahma, which activates and manages cross-chain and dApp liquidity, was the project unfollowed the most by Top X (Twitter) influencers. The newly unfollowed X influential figures include DeFi analyst Ignas (@DefiIgnas), crypto KOL Yuyue (@yuyue_chris), and starzq (@starzqeth). In addition, other projects most unfollowed by Top X figures include 0xScope and Francium.
- 03:04Project Hunt: Game AI Agent Framework ARAI Becomes the Most Followed Project by Top Influencers in the Past 7 DaysAccording to ChainCatcher, data tracked by the Web3 asset data platform RootData X shows that in the past 7 days, the game AI agent framework ARAI has become the project with the most new followers among X (Twitter) Top figures. Influential X personalities who have newly followed this project include crypto KOL Yuyue (@yuyue_chris), BroLeon from Australia (@BroLeonAus), and crypto industry KOL Enheng (@enheng456).