Browsing: Surge

As Bitcoin (BTC) hovered near $64,000 on Wednesday morning, BTC’s biggest holders were quietly increasing their share of the cryptocurrency’s supply, suggesting some whales may be taking advantage of the latest pullback to accumulate.  Santiment data showed on Wednesday that the number of mega-whale wallets holding 10,000 BTC or more climbed to a six-month high of 89. The analytics platform said…

Aave is quietly becoming a bigger destination for tokenized gold, and the numbers are getting harder to ignore. Deposits of Tether Gold (XAUT) on Aave have jumped from about $40 million in early June to $76.7 million, a roughly 91.7% increase. That makes Aave the largest DeFi venue for tokenized physical gold based on the…

Is the world of cryptocurrency an innovative financial revolution, or has it become a breeding ground for deceit? With instances of Ponzi schemes emerging as major headlines across the globe, the truth leans ominously towards the latter. The saga of Edward Zimbardi serves as a striking illustration of how ambition can devolve into avarice, putting…