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Day: April 9, 2023

Top Dogecoin Whales Offloaded Over $123,000,000 DOGE As the Memecoin Pumped 30% Amid Twitter Logo Changes

Top Dogecoin Whales Offloaded Over $123,000,000 DOGE As the Memecoin Pumped 30% Amid Twitter Logo Changes

As the most popular memecoin surged during a Twitter logo change, two of the biggest Dogecoin (DOGE) whales sold over a billion tokens. On April 4 and April 5, while DOGE was selling at $0.09, the whale that sold the 1.1 billion DOGE conducted two distinct transactions. According to BitInfoCharts, the two biggest non-exchange DOGE investors are the whales that sold their enormous Dogecoin holdings. Elon Musk is defending himself against a $258 billion claim that he unlawfully increased the price of DOGE by 36,00% over a two-year period. News Sorce

SushiSwap hacked, Head Chef says 'revoke all chains'

SushiSwap hacked, Head Chef says ‘revoke all chains’

A vulnerability in SushiSwap has resulted in the theft of more than $3.3 million from at least one user. The root cause is a flaw in the RouterProcessor2 contract that enables a third party to “yoink” tokens without the owner’s consent. While more than 2000 addresses on Layer 2 Arbitrum appear to have authorized the faulty contract, 190 Ethereum addresses have approved the problematic contract, according to Block Research Analyst Kevin Peng. Security teams and Sushi are collaborating to resolve the problem. News Sorce

Cardano’s [ADA] TVL growth seems non-negotiable, but can it reclaim $300M

Cardano’s [ADA] TVL growth seems non-negotiable, but can it reclaim $300M

Due to alliances, developers, partnerships, and Cardano’s willingness to enter new areas, the Total Value Locked (TVL) of the cryptocurrency has increased by 26.28% over the past 30 days. The question of whether Cardano can recoup its ATH, which was once above $300 million, has been posed in light of the year-long decline in TVL. The chains of the Cardano protocol have seen more unique deposits, and the TVL expansion also includes dApp-related activity. JPG.store, a Cardano NFT marketplace, reports that a large number of collections have seen increases in volume. According to Santiment’s data, the number of NFT trades has surpassed the previous high of 7.92 million set between April 5 and 7. However, over the past 30 days, development activity has halted and the number of active addresses has decreased.While the price of ADA has increased by 3.01% over the past 24 hours, just 25% of token holders are now making money. 68% of holders of ADA paid more than the press time price for their shares. News Sorce