Ethereum Must Recover $10M Before New Year
@SiliconNetwork is shutting down with nearly $10 million on-chain, giving users until Dec. 31 to withdraw assets, or they risk becoming unrecoverable. #Update #Crypto $USDC $WBTC $ETH $USDT
Dai
USDC PSM Buffer Proposal Doubles to $800M
BA Labs proposes doubling LITE-PSM-USDC-A parameters in Sky stablecoin system, increasing daily refresh capacity to 1.6B and serving capacity to 2.4B; pending Executive Vote approval. #Update #Crypto $USDC
Crypto Whale Activity Surges Amid Price Drops
Major whale activity spikes for $DAI, $MATIC, $FLOKI, $USD0, $QNT, $RENDER, $USDC, $UNI, $AAVE, and $WBTC as prices dip significantly. #Update #Crypto $DAI (+4) ↗
Crypto Projects Surge with Whale Activity
@Fasttoken $FTN, @OKB, and $DAI (on Optimism) are leading in whale activity this week, marking significant engagement shifts. #Update #Crypto $FTN (+3) ↗ (Source: Santiment)
Altcoin Surge: Key Metric Signals Bullish
Crypto analytics firm @santimentfeed reports a bullish signal for altcoins as $BTC reclaims $100,000, with increased whale transactions in stablecoin Dai ($DAI) and other altcoins. However, high whale activity may trigger market volatility. #Update #Crypto $DAI (+3) ↗
Crypto Trader Loses $55.4M to Phishing
Trader loses $55.4M in $DAI to sophisticated phishing attack via Inferno Drainer exploit. Hacker transferred Maker vault ownership and minted 55M+ DAI tokens before Inferno Drainer’s service discontinuation, highlighting urgent need for enhanced crypto security measures.
MakerDAO Eyes $600M DAI Investment in USDe and sUSDe
MakerDAO is investing $600 million in DAI into USDe and sUSDe via Morpho Labs’ DeFi lending protocol, marking a significant strategic move to enhance its cryptocurrency lending market presence and manage liquidity and risk.