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There is an increased interest in memecoins.
https://twitter.com/santimentfeed/status/1762548671915413969
Binance Labs has invested in Babylon.
Babylon is a blockchain project that designs security sharing protocols with a mission of scaling Bitcoin to secure the decentralized economy.
https://x.com/binancelabs/status/1762478051500175692
The newborn nine U.S. spot bitcoin ETFs have now amassed more than 300,000 BTC in assets under management.
Daily net inflows exceeded $500 million on Monday as total net inflows reached $6 billion.
https://www.theblock.co/post/279302/new-spot-bitcoin-etfs-300000-btc-total-net-inflow-6-billion
🔥BTC has reached $57K.
https://dropstab.com/coins/bitcoin
🚀 Top Gainers in the Last Month
👉 https://dropstab.com/tab/top-gainers
Crypto Market Daily Review ☀️
The market is growing. Market cap is $2.15T. Bitcoin is trading at $56.1K
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🔥Ethereum is now trading at $3,204.
https://dropstab.com/coins/ethereum
Short positions worth $268M were liquidated in 24 hours.
https://www.coinglass.com/LiquidationData
Blast mainnet will launch on February 29th.
https://twitter.com/blast_l2/status/1762163031881224443
Ethena ended Epoch 1 and launched Epoch 2, increasing the USDe pool limit from US$100 million to US$200 million.
https://app.ethena.fi/liquidity
Rumours: User deposits on token mixer Tornado Cash are reportedly at risk following the insertion of malicious code in the protocol's back end.
The post explains that a malicious javascript code was hidden from a two-month-old governance proposal submitted by an alleged Tornado Cash developer on Jan. 1. The code redirects deposit data to a public server hosted by the alleged developer.
A proposal has been made to revert back to a previous version of the protocol's IPFS deployment.
https://www.coindesk.com/business/2024/02/26/tornado-cash-reportedly-suffers-backend-exploit-user-deposits-at-risk/
MicroStrategy has acquired an additional 3,000 BTC for ~$155 million at an average price of $51,813 per bitcoin.
As of 2/25/24, MicroStrategy now hodls 193,000 BTC acquired for ~$6.09 billion at an average price of $31,544 per bitcoin.
https://twitter.com/saylor/status/1762101030336999899
Mantle EcoFund proposes to authorize the second capital call of US$30 million (in USDC) from Mantle Treasury.
https://snapshot.org/#/bitdao.eth/proposal/0x189857f0df9b34e82b0e682bac09d389c02f7ac236af46990d439107406e41f7
It is reported that the Australian cryptocurrency exchange OTCPro accidentally credited a user with $653,000 instead of $65,300.
The exchange claims that after it realized its mistake on Feb. 4, the user — Kow Seng Chai — hasn’t responded to emails to return the funds.
https://cointelegraph.com/news/crypto-exchange-mistakenly-sends-user-650k
💧Potential Binance Listings
👉 https://dropstab.com/tab/binance-potential
Yuga Labs and Magic Eden launched Ethereum NFT Marketplace.
https://twitter.com/MagicEden/status/1762515545356718194
Uniswap has announced three new releases: the Uniswap Extension, Limit Orders, and Data & Insights.
https://blog.uniswap.org/all-new-uniswap-extension-and-more-tools-for-users-to-swap-smarter
https://x.com/uniswap/status/1762494099637088285
Blast crosses $2 billion in TVL ahead of Feb. 29 mainnet launch.
https://www.theblock.co/post/279293/blast-tvl-mainnet
🚀 New Coins in Accumulation Phase Backed by Top Tier Funds
👉 https://dropstab.com/insights/accumulation-phase
Yuga Labs has announced that the Magic Eden Ethereum marketplace will go live tomorrow.
https://x.com/wublockchain/status/1762276085302202377
Upbit will list AltLayer (ALT) and Pyth Network (PYTH).
ALT has increased by ~7%.
PYTH has increased by more than 30%.
https://upbit.com/service_center/notice?id=4070
🔥Bitcoin has reached $56.5K.
BTC is now trading at $55,940.
https://dropstab.com/coins/bitcoin
The New Nine Bitcoin ETFs have broken all time volume record today with $2.4b.
https://x.com/ericbalchunas/status/1762224483559977037
Impossible Finance has shared its in-depth research report on Aethir, covering tokenomics, decentralization, chain selection strategy, infrastructure, and more that the Aethir team has been working on in conjunction with Impossible's incubation arm.
Aethir Cloud is a decentralized platform that connects computational processing service providers and consumers with a focus in compute-intensive applications reliant on GPU hardware - aiming to be an aggregator of GPUs for the masses.
https://twitter.com/impossiblefi/status/1762206430877159925
🔥Bitcoin has reached $53.5K.
BTC is now trading at $53.3K.
https://dropstab.com/coins/bitcoin
⚡️Top DEXs by Active Addresses Last Month
👉 https://dropstab.com/categories/dex
Tomorrow Jae Kwon’s firm All in Bits will launch GovGen, a new blockchain network focused on governance.
The network will decide on the design of AtomOne, a proposed fork of the Cosmos Hub.
https://www.theblock.co/post/279033/jae-kwon-govgen-atom-one
The core team behind decentralized finance (DeFi) protocol Frax Finance could soon follow the leading decentralized exchange (DEX) Uniswap's proposal to distribute a portion of protocol fees to stakers of its native token, Frax's CEO and founder Sam Kazemian told CoinDesk.
https://www.coindesk.com/business/2024/02/26/frax-finance-mulls-uniswap-like-reward-mechanism-for-token-stakers/
Seeing some suspicious activity with the crypto exchange BitForex.
On Feb 23 their hot wallets saw outflows of ~$56.5M. Shortly after this time withdrawals stopped processing with no official announcements having been made since.
Bitforex holds 18% of the TRB supply and 7% of the OMI supply.
https://x.com/zachxbt/status/1762028433574650347
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $2.02T. Bitcoin is trading at $51.4K
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