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Tornado Cash Processed Over $77 Million in Past 30 Days: Arkham


As per blockchain intelligence firm Arkham, $77.35 million in assets have flown through Tornado Cash’s contracts on Ethereum mainnet in the past 30 days.  Despite being sanctioned by the US Treasury Department in August 2022, Tornado Cash remains the largest crypto mixed on Ethereum network. The...

Ethereum's Supply Surges: $47 Million Worth of ETH Added in 30 Days


Ethereum's recent supply surge has raised concerns among crypto enthusiasts as over $47 million worth of Ether (ETH) tokens were added to circulation within the last 30 days. The development comes as a surprise to many Ethereum proponents who expected the transition to proof-of-stake (PoS) last...

Ethereum Foundation Trades 1,700 ETH for $2.76 Million in USDC


Blockchain sleuths spotted the Ethereum Foundation trading 1,700 ETH for a hefty $2.76 million in USDC stablecoins. This comes hot on the heels of Ethereum’s co-founder, Vitalik Buterin, transferring a cool $3.79 million in ether within a mere ten days. Ethereum Foundation Parts With...

NFTs Can’t Catch a Break as Protracted Drop in Sales Continues


For the seventh week straight, non-fungible token (NFT) sales have slipped further. In the last week alone, NFT transactions totaled $66.11 million, marking an 11.65% decline from the previous week. NFT Sales Bleed Out: The Unrelenting Seven-Week Descent Although the broader crypto market...

Avalanche-Backed Stars Arena Faces $3 Million Security Breach


Stars Arena, a social platform supported by Avalanche's Contract Chain, has fallen victim to a significant security breach. In a Saturday tweet, the official Stars Arena Twitter account issued a warning confirming that the platform's smart contract had been attacked. The team urged users not...

Friend.tech Developers Amass Nearly $20 Million Since August Debut


The development team behind friend.tech has amassed nearly $20 million in revenue since its launch in August. According to data from DeFiLlama, friend.tech currently holds the position of the largest revenue-generating application on Base and the second-largest across the entire crypto space. ...

$400 Million Bitcoin Options Expiry: Will It Impact the Recent Rally?


As crypto markets remain relatively stagnant, attention is turning to the impact of a significant Bitcoin (BTC) options expiry event set to occur on October 6. Approximately 14,000 Bitcoin options contracts, with a total notional value of around $400 million, are set to expire that day, though...

Phaver raises $7 million to enhance Web3 onboarding


Phaver has raised $7 million in the recent seed funding round. Investors include Nomad Capital, Polygon Ventures, Foresight Ventures, and SwissBorg, among others. This has brought the total funds raised by the company to $8 million, for a valuation of $80 million. Phaver has said it will use most...

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