AAVE Whale Nets $1.8M Profit but Loses $10.9M to Market Timing Blunder
In crypto trading, timing is everything and can be the difference between huge profits or disappointing losses. This was made quite clear recently when a crypto whale pocketed $1.8 million in profits from Aave (AAVE) trades but left a staggering $10.9 million on the table due to a poorly timed exit. The whale, identified by…
Read MorePlume and Goldfinch Partner to Expand Access to Private Credit from Apollo, Ares, Golub, KKR and More
[PRESS RELEASE – New York, United States, March 20th, 2025] Plume, the first full-stack RWAfi (real world asset finance) chain, and Goldfinch, the leading onchain private credit platform, today announced a partnership to expand access to high quality private credit assets on Plume’s flagship RWA staking platform, Nest. This partnership will widen access to institutional-grade…
Read MoreRipple celebrates SEC’s dropped appeal, but crypto rules still not set
Ripple is celebrating the United States Securities and Exchange Commission’s (SEC) decision not to pursue a court case against the firm, but it provides little legal certainty for the crypto industry. The US financial regulator has apparently dropped an appeal against Ripple, the issuing firm of crypto asset XRP. The industry saw the case as…
Read MoreCoinbase Holds 11.42% of Staked ETH with 120,000 Validators
Coinbase has released its first Ethereum Validator Performance Report, providing a detailed breakdown of its staking operations. It shows that the platform operates 120,000 validators, with 3.84 million ETH staked to them, representing 11.42% of the total staked supply. An additional 581,500 ETH is also staked through its partners. 99.75% Validator Uptime and Zero Slashing…
Read MoreBitnomial drops SEC lawsuit ahead of XRP futures launch in the US
Crypto exchange Bitnomial has voluntarily dismissed its lawsuit against the US Securities and Exchange Commission ahead of launching its Ripple XRP futures in the United States. The Chicago-based firm said in a March 19 statement to X that its XRP (XRP) futures are regulated by the US Commodity Futures Trading Commission and will be available…
Read MoreDavid Sacks Defends Crypto Divestment Against Media Criticism
David Sacks, AI and czar for the White House, has criticized the media for what he described as an unfair portrayal of his decision to liquidate his digital asset holdings. He clarified that the move was not a reflection of lost confidence in digital assets but a necessary step to comply with government ethics rules.…
Read MoreBinance Maintains Over 100% Reserves for 29 Straight Months
Binance has maintained a reserve ratio above 100% for 29 consecutive months despite rumors of the crypto exchange selling off a significant portion of its Bitcoin reserve, according to blockchain analytics firm CryptoQuant. The reserve ratio is a key metric that shows whether an exchange holds enough assets to match customer balances. A ratio above…
Read MoreSophisticated crypto address poisoning scams drain $1.2M in March
Victims of address poisoning scams were tricked into willingly sending over $1.2 million worth of funds to scammers, showcasing the problematic rise of cryptocurrency phishing attacks. Address poisoning, or wallet poisoning scams, involves tricking victims into sending their digital assets to fraudulent addresses belonging to scammers. Pig butchering schemes on Ethereum have cost the crypto…
Read MoreCardano's Social Sentiment Is Booming – Will ADA's Price Follow?
Cardano (ADA) is experiencing declining momentum amid a broader market downturn. Over the past month, the crypto asset has shed nearly 12% and is currently hovering around $0.70. Recent on-chain data reveals that whales offloaded more than 100 million ADA tokens last week, which further contributed to increased selling pressure and uncertainty over the asset’s…
Read MoreFeds charge filmmaker with stealing $11M from Netflix to gamble on crypto, stocks
US federal authorities have arrested and indicted a filmmaker, accusing him of spending $11 million given by Netflix to gamble on stocks and crypto instead of using it to finance a science fiction TV show. The Department of Justice said in an indictment unsealed in a Manhattan federal court on March 18 that it had…
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