Renzos ezETH Loses Peg Amid Controversial Airdrop

ezETH Price Performance. Source: DEX Screener  Moreover, Tommy emphasized that the ezETH depeg incident is a risk that all LRTs must be aware of.  The ezETH depeg caused mass liquidations in several leveraged protocols such as Gearbox and Morpho Labs. The liquidations happened because several users repeatedly used their LRT as collateral to borrow ETH.  “115 Credit Accounts were liquidated, 10,650 ezETH were sold on Balancer pool. Liquidation losses of 25.77 ETH were automatically covered by internal Gearbox reserve fund, no action needed,” 0xmikko, founder of Gearbox, sinabi.  Renzo is the second largest liquid restaking protocol, with total value locked (TVL) currently around $3.21 billion. Renzos TVL has recorded an approximately 125% increase in the past 30 days, according to DefiLlama data.  Interest in the Renzo protocol surged after crypto exchange Binance launched the Launchpool program for its native token Renzo (REZ) on Tuesday. Holders of BNB and First Digital USD (FDUSD) can stake their assets to farm REZ tokens for six days until April 29 before the REZs listing on Binance on April 30.  Renzo allocated 10% of the total supply of 10 billion REZ tokens for the airdrop. Meanwhile, 2.5% of the token supply is allocated to Binance Launchpool.  However, the season 1 airdrop only

2024-04-25Industriya

Ang GBP/JPY ay pumutok ng bagong siyam na taong mataas sa 193.60

Pananalapi  Ang GBP/JPY ay pumutok ng bagong siyam na taong mataas sa 193.60  Balita ng Ethereum ng Bitcoin  The Guppy breaks into new chart territory above 193.60, a nine-year high.  Deflating JPY is rapidly approaching standoff territory with nervous BoJ.  Japanese inflation figures, BoJ rate call loom ahead on Friday.  The GBP/JPY broke into a fresh nine-year high above 193.60 on Wednesday as the Pound Sterling (GBP) sees recovery bidding and the Japanese Yen (JPY) continues to weaken despite increasingly interventionist rhetoric from the Bank of Japan (BoJ).  According to reporting from Nikkei, the BoJ is set to discuss the “impact of accelerating Yen depreciation”, a clear warning shot that the Japanese central bank could be weighing market operations to bring current Yen moves under heel. The BoJ is slated to deliver its latest Monetary Policy Report and rate call early Friday.  The Pound Sterling is enjoying a reprieve from recent selling pressure after Tuesday‘s UK Services Purchasing Managers Index (PMI) recovered significant ground, bounding to 54.9 from the previous 53.1 and vaulting over the forecast downtick to 53.0. The only thing left of note on the economic docket for the UK this week will be Thursday’s GfK Consumer Confidence for April, which is expected to improve, albeit

2024-04-25Industriya

BlockDAG’s $20.3M Presale Interest Shines Over Ethereum Surge

Ethereum  BlockDAGs $20.3M Presale Interest Shines Over Ethereum Surge  BlockDAG is capturing the attention of the cryptocurrency world with its promising 30,000x return on investment (ROI) and the recent buzz created by its moon keynote teaser. On the other hand, as Ethereum continues to show significant market growth, it is driven by technological enhancements and increased adoption. BlockDAG has become a formidable competitor, offering a distinct and innovative approach to blockchain technology. With a projected ROI that significantly surpasses traditional market returns, BlockDAG is not just participating in the evolution of cryptocurrency; it is actively setting new benchmarks.  The excitement surrounding BlockDAG is further amplified by its strategic promotional activities, including the highly anticipated moon-based keynote. This unique marketing approach enhances its visibility within the crowded crypto space and highlights its commitment to leveraging cutting-edge technology to drive interest and investment. As BlockDAG prepares for its upcoming presale phases, it presents a compelling case for investors looking for substantial growth opportunities, potentially reshaping investment landscapes and offering a fresh narrative in the bustling world of digital finance.  Ethereums Market Ascendancy  Ethereums recent price surge is fueled by optimistic forecasts and crucial technological upgrades that boost its functionality and scalability. These developments aim to ensure Ethereums

2024-04-25Ethereum

Hiniling ng SEC sa Hukom na Mag-fine Terraform Labs At Magsagawa ng Kwon $5.3 Bilyon Sa Kaso ng Panloloko ⋆ ZyCrypto

After a jury found Terraform Labs and Do Kwon liable for fraud in its long-standing case with the U.S. Securities and Exchange Commission (SEC), the regulator has asked a New York court to impose $5.3 billion in disgorgement and civil penalties.  SEC Notches Win As Jury Finds Do Kwon Liable For Multi-Billion Dollar Fraud  After Do Kwon‘s Terra empire collapsed in May 2022, over $40 billion worth of investor money was wiped out in a matter of days. A Manhattan jury found Kwon — and his company Terraform Labs — liable on civil fraud charges related to misleading investors about the safety of investing in Terra’s algorithmic stablecoin, Terra USD (UST), and its companion token LUNA.  According to the SEC‘s motion filed just two weeks after the civil trial was concluded, the jury issued a verdict in favor of the agency in all counts. The SEC now wants Kwon and Terraform Labs to pay $4.74 billion in disgorgement and prejudgment interest, as well as a collective $520 million in civil penalties: $420 million from Terraform Labs and $100 million from Kwon. The securities regulator claimed the fine amount was “conservative” but a “reasonable approximation” of Terraform and Kwon’s ill-gotten gains.  In addition to the

2024-04-25Industriya

Moon Teaser Raises BlockDAG’s Liquidity Target to $100M as DAO Makers 50% Price Increase Beats Ethereum Classic Price Drop

BlockDAG aims to revolutionise the cryptocurrency market with unprecedented speed and scalability through Directed Acyclic Graph (DAG) technology. Having raised over $20 million in its pre-sale, BlockDAG showcases its potential as a leading force within the industry. However, uncertainties surround its future trajectory, necessitating thorough research and analysis before considering investment opportunities.  It targets $100 million in liquidity post-launch and asserts its ambition to redefine the cryptocurrency market landscape and attract investors seeking lucrative opportunities. While promising growth prospects exist, investors must remain vigilant of the inherent risks associated with cryptocurrency investments.  DAO Maker, Ethereum Classic, and BlockDAG have emerged as significant contenders within the cryptocurrency space, each characterised by its unique market performance and technological innovations. Despite DAO Maker‘s notable price surge and Ethereum Classic’s resilience amidst challenges, BlockDAGs ambitious goal of achieving $100 million in liquidity post-launch casts a substantial shadow over its competitors.  Projections indicate an upswing in daily sales to $5 million and a price goal of $30 by 2030, positioning BlockDAG as a leading choice for investment. Enthusiasts in the crypto sphere are eagerly joining its $20.1 million presale, acknowledging BlockDAG as more than just another digital currency; it symbolises the dawn of digital finances future.  With its advanced

2024-04-25Ethereum

17% Rally Projected After Breakout

Magbasa pa: Ano ang Telegram Bot Coins?  Further substantiating this probability is the price differential between daily average addresses (DAA). This indicator compares the daily average number of addresses transacting with a cryptocurrency against its price movement, revealing potential discrepancies between network activity and market valuation.  Divergence ng DAA Presyo ng Toncoin. Pinagmulan: Santiment  At the moment, price DAA divergence is flashing a buy signal, given the increase in price and the increase in participation. Should investors move to accumulate TON, Toncoins price could soon mark a rise on the charts.  TON Price Prediction: A Rally Awaits?  Toncoins price, trading at $5.9 when writing, has been moving downwards, wedged in a descending channel for the last few days. Looking at the changing stance of investors, it seems like TON could be escaping this channel.  A potential breakout above the upper trend line would signal a potential 17.77% rally for TON. This would mean the altcoin needs to breach the $7.0 resistance line, which could send it toward the target of $7.8.  TON/USDT 4-oras na tsart. Pinagmulan: TradingView  Magbasa Nang Higit Pa: Alin ang Pinakamahusay na Altcoins Upang Mamuhunan sa Abril 2024?  But if, before the rise, Toncoins price fails to breach the barrier at $5.9, TON could fall back

2024-04-25Industriya

Nagsisimula ang Pag-upgrade ng Stacks Nakamoto: Ang Nangungunang Layer 2 ay Magiging Mas Mabilis at Mas Secure

Nagsisimula ang Pag-upgrade ng Stacks Nakamoto: Ang Nangungunang Layer 2 ay Magiging Mas Mabilis at Mas Secure  Stacks, the leading Bitcoin layer 2, saw its highly anticipated Nakamoto upgrade roll out begin today. Serving as a scaling solution for the Bitcoin network, Stacks empowers developers to create smart contracts and build applications atop the most valuable, decentralized, secure base layer, bringing new use cases to the Bitcoin economy.  Bitcoin is the most secure, robust, user-ready, and untapped crypto asset – and the market is now awakening to the potential of Bitcoin as the foundational layer for DeFi and more. The rise of Bitcoin layer 2 solutions empowers developers to build a plethora of new applications and solutions for borrowing and lending, swapping assets, trading Ordinals and NFTs, and more, effectively expanding Bitcoins utility.  The advancements made by layer 2 solutions, exemplified by the Stacks Nakamoto upgrade, will significantly contribute to this resurgence. Bitcoin, when coupled with layer 2 solutions like Stacks, fosters an economic ecosystem around BTC through apps and smart contracts, ultimately unlocking over $1T in dormant capital. In Bitcoins “season 2,” we witness the separation of BTC, the asset from Bitcoin, the infrastructure.  “We‘re in the midst of a big moment that’s

2024-04-25Industriya

Pinalawak ng BNB Chain ang DAU Incentive Program; Nag-aalok ng Hanggang $200K, Nangangako ng USD $1.85 Milyon Sa Mga Insentibo sa Ecosystem

Pinalawak ng BNB Chain ang DAU Incentive Program; Nag-aalok ng Hanggang $200K, Nangangako ng USD $1.85 Milyon Sa Mga Insentibo sa Ecosystem  BNB Chain, ang community-driven blockchain ecosystem na kinabibilangan ng pinakamalaking smart contract blockchain sa mundo, today announced the launch of the next phase of its DAU (Daily Active Users) Incentive Program for projects building on BNB Chain. The program will continue to offer rewards of up to $200,000 USD in BNB tokens to top-performing projects building on the DeFi hub, BNB Smart Chain (BSC). This phase will also now be open to projects building on opBNB, BNB Chains ideal blockchain for Dapps that require high transaction frequency, like fully on-chain games. Projects can apply here.  This DAU Incentive Program launch brings the total of cash incentives that BNB Chain has dedicated to accelerating ecosystem growth in the past 30 days to USD $1,850,000. This includes the $160,000 thats being committed to the top 5 projects with the highest incremental Total Value Locked, the USD $1 million for qualified participants based on their ranking in total trading volume, market cap, and meme community holders, and the $490,000 for the Q2 Hackathon participants. With a focus on ecosystem growth and accelerating the

2024-04-25Industriya

New Security-Focused Ethereum Altcoin Goes Live on Coinbase and Other Crypto Exchanges

Top US-based crypto exchange Coinbase is listing a new security-focused Ethereum (ETH) altcoin, along with other major platforms.  Coinbase anunsyado via the social media platform X that the crypto project Safe (SAFE) landed a listing on the platform as an “experimental asset.”  The platform uses the experimental asset label for tokens that pose certain risks such as price swings and canceled orders because of lower trading volume and availability.  The Singapore-based cryptocurrency trading platform Bitrue is also listahan Safe for trading starting April 25th.  Safe is also getting nakalista on the Seychelles-based MEXC exchange.  Safe is trading for $1.90 at time of writing, down 13.5% in the last 24 hours.  Safe – formerly Gnosis Safe – is the governance token for the decentralized finance custodian Safe Protocol, which aims to make Ethereum accounts smart accounts for new use cases involving artificial intelligence, staking, gaming, payments and easier logins.  Safe co-founder Richard Meissner sabi ni  Disclaimer: Ang mga opinyon na ipinahayag sa The Daily Hodl ay hindi payo sa pamumuhunan. Dapat gawin ng mga mamumuhunan ang kanilang nararapat na pagsusumikap bago gumawa ng anumang mataas na panganib na pamumuhunan sa Bitcoin, cryptocurrency o mga digital na asset. Mangyaring maabisuhan na ang iyong mga paglilipat at pangangalakal ay nasa iyong

2024-04-25Ethereum

Ethereum Price Holds Support – Why ETH Could Soon Rally 5%

Balita ng Ethereum ng Bitcoin  Pinahaba ng Ethereum ang pagtaas nito sa itaas ng $3,220 resistance zone.  Ang presyo ay nakikipagkalakalan sa itaas ng $3,165 at ang 100-oras na Simple Moving Average.  Mayroong pangunahing bullish trend line na bumubuo na may suporta sa $3,170 sa oras-oras na chart ng ETH/USD (data feed sa pamamagitan ng Kraken).  Ang pares ay maaaring magpatuloy na umakyat kung aalisin nito ang $3,280 resistance zone.  Ang Presyo ng Ethereum ay Naglalayong Mas Mataas  Ethereum price remained in a positive zone above the $3,000 level, like Bitcoin. ETH extended its increase above the $3,150 and $3,165 resistance levels. It even spiked above the $3,250 resistance.  It traded to a new weekly high at $3,263 and recently corrected lower. There was a minor decline below the $3,220 level. Ether dipped below the 50% Fib retracement level of the recent wave from the $3,154 swing low to the $3,263 high.  However, the bulls were active above the $3,200 level. The 61.8% Fib retracement level of the recent wave from the $3,154 swing low to the $3,263 high acted as a support.  Ethereum is now trading above $3,200 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $3,170 on

2024-04-25Ethereum
1
...
5153
...
1000