sUSDD Surpasses $47M TVL on Morpho, Boosting Stablecoin Interest
sUSDD reaches over $47M TVL on Morpho within a month, becoming the second-largest USDT lending market and driving growth in the stablecoin sector.
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Blockchain Industry Updates & Privacy News
Impressive Move: A Whale Opens $28.44M ETH Long Position with Just $1.5M
A newly created address opened a $28.44M ETH long position on Hyperliquid using 25x leverage with only $1.5M investment.
Read MoreBitcoin Pioneer Erik Voorhees Splurges $20M on Ethereum Boost!
Bitcoin pioneer Erik Voorhees bought 9,911 ETH at $2,057 each, spending $20.38M. A year ago, he sold ETH at a higher price.
Read MoreTrader Leverages 61.93 WBTC with Healthy Position Management
A trader leveraged 61.93 WBTC ($4.09M) over 17 hours with a collateral of 118.83 WBTC and borrowed $4.1M USDT, maintaining a healthy position ratio of 1.72.
Read MoreOKX Releases 40th Reserve Proof, Top 4 Cryptos Hold Over $26.8B in Reserves
OKX released its 40th Proof-of-Reserves report, showing reserves for BTC, ETH, USDT, and USDC exceeding 100%, with total reserves valued at over $26.8 billion.
Read MoreTrader Leverages WBTC Position Through Repeated Borrowing, Adds 61.93 BTC On-Chain
On February 23, analysis showed a trader added 61.93 WBTC via repeated borrowing within 17 hours. The position, valued at $4.092 million, brings their total collateral to 118.83 WBTC with a health factor of 1.72.
Read MoreWhale Moves: Sells 50,000 SOL and Exchanges for 676.27 XAUT
On February 23, Lookonchain reported a whale selling 50,000 SOL at an average price of $78.27 over 7 hours, converting 44,805 SOL into 676.27 XAUT.
Read MoreSouth Korean Central Bank Proposes Restricting Won-Backed Stablecoin Issuance to Licensed Banks
South Korea's central bank recommends limiting won-backed stablecoin issuance to licensed banks to mitigate financial risks.
Read MoreBitcoin Surpasses the $66,000 Milestone
Bitcoin breaks through the $66,000 mark, trading at $66,000.65 with a 3% drop in 24 hours. Market volatility remains high, urging investors to manage risks prudently.
Read MoreBitcoin Drops to 15th in Global Market Cap Rankings Amid Investor Concern
Bitcoin's global market cap ranking has dropped to 15th, with its value falling to $1.305 trillion amid growing investor concerns.
Read MoreIndian IT Training Giant Jetking Aims to Hold 18,000 Bitcoins by 2030 as CFO Champions Bitcoin Strategy
At the Bitcoin 2024 event in Las Vegas, Jetking's CFO reaffirmed the company's Bitcoin-first strategy, aiming to hold 18,000 BTC by 2030.
Read More"Majic" Adds to ETH Leveraged Long Position, Records Small Profit
On February 23, according to HyperInsight monitoring, Huang Li Cheng's address added 25x leveraged ETH long to 2300 ETH at an average price of $1877.91, currently showing a profit of $5019.
Read MoreUS May Take Military Action Against Iran This Weekend
Despite signals of negotiations between the US and Iran, the risk of military action remains. US may strike on Feb 23 or 24.
Read MoreWhale Moves: Deposits $2M USDC into Hyperliquid, Adds to SOL Long Position
According to OnchainLens, a whale deposited $2 million USDC into Hyperliquid and increased its SOL long position, with plans to further increase holdings.
Read MoreJPMorgan Acknowledges Freezing Trump-Linked Accounts Following Capitol Riot
JPMorgan confirms restricting Trump-linked accounts post-Capitol riot, prompting family's pivot to cryptocurrency and creation of their own digital platform.
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