Author: NBTC
Giza, a Web3 agent developer, has announced that its Agents have reached over $500,000 worth of stablecoins in assets under management within the first week on Base, as reported to Finbold on February 10. $500,000+ in stables managed by Giza Agents on @base From zero to half a million in one week.Today, half a million.Tomorrow, every stablecoin on Base.Let the machines cook. pic.twitter.com/mHkTr9JC9w — Giza (@gizatechxyz) February 7, 2025 DeFi automation ARMA, Giza’s autonomous yield optimization agent for decentralized finance (DEFI), went live on the Base network in late January 2025. The agent automates stablecoin management by scanning markets, analyzing…
Within the last 24 hours, two major Dogecoin transactions have been detected heading to Coinbase, a leading cryptocurrency exchange. Blockchain data tracker Whale Alert reports two transactions totaling 219 million DOGE, valued at over $73.8 million, being transferred from unknown wallets to Coinbase. 🚨 🚨 106,437,367 #DOGE (35,889,352 USD) transferred from unknown wallet to #Coinbasehttps://t.co/FwhjDcuUaP — Whale Alert (@whale_alert) January 10, 2025 The first transaction involved the transfer of 112,670,012 DOGE, worth around $37,990,922, from an unknown wallet to Coinbase. Shortly after, a second transaction saw 106,437,367 DOGE, valued at about $35,889,352, moved from another unknown wallet to the same…
AtlasPad has partnered with INTO to combine Web3 technology with social networking and decentralized finance (DeFi). The joint venture works to increase blockchain accessibility through the combination of data from both platforms while utilizing their strengths. INTO brings three main elements to its system, it implements a “social-to-earn” structure, operates a blockchain-based mini-program ecosystem, and uses AI for individual adaptation. 🌟 AtlasPad x INTO: Revolutionizing Web3 Social & DeFi IntegrationAt AtlasPad, we are committed to driving the next wave of Web3 innovation by enabling seamless access to high-potential blockchain projects. Today, we’re excited to announce our strategic partnership with… pic.twitter.com/S2WnphJCMp…
Tim Draper, one of the most prominent venture capitalists of all time, recently compared Bitcoin to Netflix on social media. Blockbuster was the go-to movie rental chain in the 90s with thousands of stores around the globe. However, due to the rapid emergence of the internet, Blockbuster struggled to remain relevant. The company famously rejected an offer to buy Netflix for $50 million in the early 2000s when it was still a little-known DVD-by-mail service. Netflix co-founders, Reed Hastings and Marc Randolph, were laughed out of the room by Blockbuster executives back then. However, Netflix managed to swiftly chip away…
North Korean hackers and shattered on-chain projects have left several decentralized finance blockchains struggling, with tens of millions in user asset outflows. Data from DefiLlama shows that multiple DeFi chains have lost around 90% of total user deposits over the years, particularly since the last crypto cycle. On-chain analyst 0xThoor identified Ethereum Virtual Machine-compatible blockchain Harmony as the biggest drop regarding DeFi total value locked. Harmony launched its layer-1 mainnet in 2019, two years before the previous bull run and its 2021 peak. By January 2022, Harmony’s TVL reached an all-time high, surpassing $1.4 billion. Harmoney TVL down 99% |…
A multi-signature wallet connected to the COOKIE token project made some big moves after Binance said it would list the token. Just eight hours after Binance’s announcement, roughly 20 million COOKIE tokens (worth about $12.55 million) were sent to the exchange, triggering a COOKIE sell-off. The wallet still holds about the same amount of COOKIE, valued at around $11.33 million. All this activity has made the COOKIE market pretty volatile. A multi-sig linked to the Cookie project deposited 20M $COOKIE ($12.55M) to #Binance 8 hours ago, following the Binance listing news!This multi-sig received a total of 75M $COOKIE from Cookie’s…
The Ethereum L2 network keeps thriving as Base has recently achieved another success. As per the data from Token Terminal, the annualized GDP of the Coinbase-incubated L2 network Base has surpassed $1B as the user spending during January has reached $110M in total. The crypto analytics firm disclosed this development on social media. 🚨 @base’s annualized GDP crosses $1BIn Jan ’25, users on the Base L2 spent ~$110m in total: ~$96m on apps & ~$14m on L2 tx feesChain GDP measures how much the end users paid to interact with the chain’s applications in a given period of time pic.twitter.com/B7fZswtzYo…
Although Bitcoin’s recent price performance has garnered a lot of attention, the explosive increase in open interest (OI) is the true story. Bitcoin’s open interest increased by about $2 billion in the last day, indicating increased trading activity and increased investor interest in the top cryptocurrency. The total number of active contracts in the futures and options markets is represented by open interest. An increase in OI is usually associated with higher expectations of volatility and increased participation in derivatives markets. This significant increase in OI highlights the market’s increased expectation for Bitcoin’s next move as the cryptocurrency is currently…
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Decentralized finance today is still largely an ouroboros, as Vitalik once pointed out. Protocol revenues and fees are real, and they prove the tech works. That is important! But these revenue flows are still largely the downstream result of speculative capital passing between traders in a circular, self-consuming cycle. Protocols like Pendle observed these state of affairs, declined to pass judgment, then simply built the best possible product to capitalize on this ouroboros-like economy. Want a fixed yield? Buy Pendle Principal Tokens (PT). Prefer to farm points…
A crypto millionaire who has made a fortune trading popular Solana meme coins has bought another one despite the ongoing weakness in the market. According to Lookonchain, the investor made $7.5 million investing in Dogwifhat (WIF), the third-biggest Solana (SOL) meme coin. The token’s market cap was $58 million, which has grown to $1.5 billion. The millionaire also made $1.2 million by investing in Peanut the Squirrel (PNUT) when it had a market cap of $460 million. According to CoinGecko, the token’s market cap peaked at over $2.2 billion. He has now invested in Pippin (PIPPIN), a new Solana meme…