Ethereum’s $500M Pre-Deposit Reversal Shocks Investors
@MegaETH’s $500M pre-deposit faced immediate issues at launch due to an incorrect SaleUUID in the contract, necessitating a 4-of-6 multisig update. #Update #Crypto
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@MegaETH’s $500M pre-deposit faced immediate issues at launch due to an incorrect SaleUUID in the contract, necessitating a 4-of-6 multisig update. #Update #Crypto
Altcoin funding rates, including for $TON, have turned positive, signaling cautious optimism among traders despite overall muted market participation. #Update #Crypto $TON
@BalancerDAO is discussing an $8M recovery plan following a $110M exploit that reduced total value locked (TVL) by two-thirds; tokens will be returned in their original forms. #Update #Crypto $BAL
Bitwise advances its Avalanche ETF with a new SEC filing, becoming the first issuer to incorporate staking features. #Update #Crypto $AVAX
Crypto’s role in diversified portfolios emphasizes managing volatility, clear mandates, risk discipline, and advocates for active investing and broader diversification strategies. #Update #Crypto
BNB remains stable below $900 as on-chain activity declines, amid concerns over weak fundamentals and anticipated network upgrades. #Update #Crypto $BNB
The Australian government has introduced a digital assets bill aimed at modernizing its financial system and protecting consumers from past cryptocurrency failures. #Update #Legal
The Philippines aims for a $60 billion asset tokenization market by 2030, potentially revolutionizing its capital markets with Project Bayani. #Update #Crypto $BTC
Total XRP ETF assets surpassed $628 million, with nearly 80 million tokens absorbed in 24 hours, outperforming Solana’s ETF debut earlier this year. #Update #Crypto $XRP
Korea’s @Upbit has suspended digital asset withdrawals after detecting $37M in irregular activity involving $SOL tokens. #Breaking #Crypto $SOL
Large holder deposits to exchanges rise, with realized losses increasing, suggesting Bitcoin’s rally is fragile and reliant on diminishing liquidity. #Update #Crypto $BTC
APT trades little changed, underperforming the wider crypto market rally, with support at $2.16 and resistance at $2.31. #Update #Crypto $APT
UAE’s new financial law integrates cryptocurrency and blockchain into traditional finance, placing them under the Central Bank’s supervision, solidifying the country’s global crypto position. #Update #Crypto $BTC $ETH
@Nasdaq ISE has filed to elevate BlackRock’s IBIT options limits to top tier status, coinciding with a surge in IBIT options activity and open interest moving towards US regulated venues. #Update #Crypto