Santiment, a prominent cryptocurrency analytics platform, has revealed a significant surge in Bitcoin accumulation within mid to large-sized wallets. According to the tweet, these wallets have amassed a staggering 71,155 BTC, equivalent to approximately $1.95 billion, over the past six weeks. The data suggests a notable uptrend in the accumulation of BTC holdings among these wallet […]

Solana Compass has recently provided insights into the latest Solana (SOL) network activity, specifically during its 512 epoch. According to the website that tracks SOL staking activity, an estimated 19.637 million SOL tokens were unstaked during this period. In the recent Epoch 512, 19.637 million SOL were unstaked, with a net unstake of 16.516 million […]

September 2023 witnessed Binance, one of the world’s major cryptocurrency exchanges, facing another decline in its spot market share. The ongoing regulatory challenges in the United States have played a significant role in this continued slump. Data provided by CCData reveals that Binance’s spot market share dipped for the seventh consecutive month. This decline significantly […]

The price of Avalanche (AVAX) has surged following an increase in interest in a new social app built on its blockchain. AVAX at the time of writing was trading for $10.70, a 8.3% 24-hour increase, according to CoinGecko data. This makes the asset one of the best-performing cryptocurrencies in the past day. And in the […]

Yuga Labs, creator of the popular non-fungible token collection Bored Ape Yacht Club, has carried out some company restructuring that will see the laying off of some team members.

Elon Musk, owner and CTO of X (formerly Twitter), called for an overhaul of the United States’ main securities regulator and other agencies on Oct. 5. Musk wrote in a tweet: “A comprehensive overhaul of [regulatory] agencies is sorely needed, along with a commission to take punitive action against those individuals who have abused their […]

Despite a now patched exploit that attempted to drain funds, Stars Arena continues to draw users to its platform.

The launch of Star Arena has resulted in an influx of new users to Avalanche, and this has driven up its daily transaction count and the value of its native token AVAX.

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. In this week’s newsletter, September became the biggest month of crypto exploits in DeFi, with over $300 million in losses, and the popular DeFi lending protocol Yield […]

FTX CTO Gary Wang admits helping SBF defraud customers by secretly giving Alameda access to deposits, leading to FTX’s bankruptcy.