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3.6M SAND Whale Deposit Grows to $1.16M in 16 Hours

3.6M SAND Whale Deposit Grows to $1.16M in 16 Hours

A whale address with the unique prefix 0x53e has deposited 3.6 million SAND tokens into Binance. Sixteen hours ago, this historic transaction, estimated at around $1.16 million, took place. The whale address, renowned for its substantial crypto transactions , has built a reputation for causing market fluctuations. This recent deposit contributes to its intriguing history. […]

Q2 Spot Trading Volume: Uniswap Beats Coinbase to $110 Billion

Q2 Spot Trading Volume: Uniswap Beats Coinbase to $110 Billion

Uniswap, the decentralized exchange (DEX), has once more garnered significant attention by surpassing Coinbase in spot trading volume for two consecutive quarters. According to data provided by Ryan Rasmussen of Bitwise, an encryption-focused asset management company, Uniswap witnessed a substantial increase in spot trading volume , reaching $110 billion in the second quarter of this […]

Dropbox Caps Storage at 15TB to Combat Crypto Mining Abuse

Dropbox Caps Storage at 15TB to Combat Crypto Mining Abuse

Dropbox has decided to discontinue its unlimited storage plan as a result of its misuse by certain users who engaged in crypto mining and illicit storage resale. This scheme will be replaced with a metered storage approach that provides new users with a 15-terabyte allocation. The company cited instances where users consumed “thousands of times […]

DeFi Exchange Token Charges dYdX 9% Overnight

DeFi Exchange Token Charges dYdX 9% Overnight

The impending introduction of dYdX’s latest blockchain platform seems to have spurred ongoing conjecture, as investors are actively acquiring its associated tokens. Overnight, the governance token appreciated by 9%; its last price was $2.18. dYdX is a prominent decentralized derivatives exchange with a 24-hour volume of over $589 million. Its gains come ahead of the […]

Shiba Inu’s Official Teases Shibarium L2 Public Launch Today

Shiba Inu's Official Teases Shibarium Public Launch Today

Shibarium’s L2 update, which offers secure and efficient blockchain solutions, is nearing public release after successful testing in private mode. According to a recent post by the Shibarium team, users can anticipate a flawless experience and the security of all funds once the platform is available to the general public. Early update recipients are rejoicing […]