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Over 680,000 Ethereum Added to Liquid Staking Protocols in Just 28 Days


In less than a month, despite a downturn in cryptocurrency markets, over 680,000 ethereum (ETH) has been added to liquid staking derivatives protocols. Lido Finance, the leading liquid staking platform, experienced a supply increase of 5.94%, surging from 7.91 million to 8.38 million ETH since July...

Bitmain Dispatches Initial KS3 Antminers Amid Surge in Kaspa’s Hashrate


According to Bitmain, the well known crypto ASIC mining rig manufacturer, the company has shipped its first batch of KS3 Antminer machines. Despite each rig costing $49,800, Bitmain sold out of the first batch and announced another batch of KS3 Antminers would be available soon. As Kaspa’s...

Best Crypto to Buy Now 11 August – Fantom, Rocket Pool, Sui


The U.S. Securities and Exchange Commission (SEC) has opted to postpone its decision on Ark Invest's proposal for a Bitcoin ETF, continuing a longstanding challenge for cryptocurrency assets seeking inclusion on mainstream U.S. financial platforms. The SEC announced on Friday its move to solicit...

Best Crypto to Buy Now 10 August – Aptos, Rocket Pool, Maker


U.S. inflation metrics saw a notable rise recently, with the Consumer Price Index (CPI) experiencing a 3.2% increase over the past year leading up to July. Despite the financial development indicated by this data released by the Bureau of Labor Statistics (BLS) on Thursday, the performance...

Bitcoin Network Adjusts: Mining Difficulty Rises 0.12% to 52.39 Trillion


Bitcoin miners saw a slight increase in mining difficulty on August 9, 2023, at block height 802,368, as the difficulty rose 0.12% from 52.32 trillion to 52.39 trillion. Over the last 2,016 blocks, miners recorded an average hashrate of about 376.5 exahash per second (EH/s). Miners Experience...

Best Crypto to Buy Now 1 August – Trust Wallet, Rocket Pool, Immutable X


Despite recent changes to macroeconomic policies, analysts warn that Bitcoin could still plummet to $25,000. Data shows that the 50-day EMA has been persisting as resistance for the past week with Bitcoin having no significant changes to the upside.  Given these challenges, what are the best...

Alchemix releases an update on Curve Finance pool exploitation


Alchemix has provided an official update on the Curve Finance situation. The platform recently witnessed a 47 million-dollar exploit. According to reports, the exploit emerged because of a reentrancy vulnerability. It is believed that Vyper 0.2.15, 0.2.16, and 0.3.0 versions are prone...

Ethereum Liquid Staking Sees 270,000 ETH Influx in 2 Weeks


Recent statistics reveal that in the past fortnight, about 270,000 units of ethereum (ETH) were deposited into liquid staking derivative protocols. Currently, these decentralized finance (defi) staking platforms hold an estimated 10.65 million ether locked within their systems. Ethereum Liquid...

Bitcoin․me Launches $150,000 in Liquidity Pool Rewards


PRESS RELEASE. In its pursuit to revolutionize the cryptocurrency trading landscape, Bitcoin.me is pleased to announce the launch of three remarkable Liquidity Pools: KFI/USDT, KLV/USDT, and the latest addition, KFI/KLV. Cryptocurrencies have reshaped the world of finance, with centralized...

Liquid Staking Derivatives in Ethereum Swell by 1.5 Million ETH in 2 Months


Over the course of the previous 63 days, there’s been a notable 16.98% surge in the quantity of ethereum (ETH) held in liquid staking derivatives protocols, with a substantial addition of roughly 1,507,285 ETH across 23 different platforms. Data reveals that Lido Finance dominates...

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