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BTC Mining Revenue Remains Stable; Ronin Network Suffers Largest Ever Exploit
Axie Infinity's Ethereum sidechain, Ronin Network, has suffered the largest exploit ever in history. Read on here.
MKR Outperforms due to Enhanced DAI Savings Rate; PancakeSwap Launches on zkSync Era
Decentralized exchange PancakeSwap has launched on zkSync Era. Read more here.
AUCTION Surges Introducing Marketplace for Real-World Collectibles; US's First Ethereum Futures ETF Receives SEC Greenlight
According to Bloomberg, reports suggest that the US SEC is likely to give its approval for the first Ethereum Futures ETF in the country. Read more here.
Top Altcoins to Watch for the Week: SOL, AVAX, XRP, DOGE, DOT; Injective Protocol Debuts inEVM for Enhanced Cross-Chain Trading
Injective Protocol, tailored for trading platforms, has introduced inEVM, a rollup that fosters interoperability across the Ethereum, Cosmos, and Solana networks
Spot Bitcoin ETFs Record Another Week of Outflows; Aave Considers Fee Distribution Vote for Stakers Following Profit Success
Marc Zeller, founder of the Aave Chan Initiative, hinted at a forthcoming vote for Aave stakers on implementing a 'fee switch' to distribute Aave's profits.
BTC MVRV Ratio Nears Historical Lows; Yellen Softens Stance on Crypto
Janet Yellen has softened her stance on crypto but remains skeptical with regard to stablecoins. Read on here.
GAL Surges After Announcing Zero-Knowledge Proof Integration with Verifiable Credentials, Ava Labs' HyperSDK Beta Achieves 143K TPS
Ava Labs is testing its HyperSDK blockchain upgrade on the Avalanche network, achieving a remarkable 143,322 transactions per second (TPS) in a controlled test environment. Read more here.
Crypto Market Plunges; Do Kwon Breaks his Silence on the UST Saga
Do Kwon has finally put forth a plan to put an end to the LUNA/UST saga, but will there be takers? Read on here.
Undercurrent
The current put-call ratio is sitting at around 0.66, indicating a bullish trend moving forward.
CHR Surges After ChromaWay Leads Web3 and Business Integration Discussions at Google Sweden Event, Pyth Network Distributes Over $77 Million in PYTH Tokens
Pyth Network's recent airdrop of its Solana-based PYTH token was a significant event, placing over $77 million worth of crypto in the hands of users. Read more here.
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