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The Twitter account of French football star and Real Madrid icon Kylian Mbappé (@KMbappe) was recently compromised, leading to a $1 million scam that rocked the cryptocurrency community.
Hackers used Mbappé’s profile to promote a fraudulent coin dubbed $MBAPPE, causing its market value to skyrocket before plummeting to zero. Although the tweet has since been removed, the damage was already done...
In a significant and bullish development for the Ethereum-based memecoin $PEPE, a prominent whale has made a notable return to the market.
The whale, identified by the wallet address 0x612, has repurchased 173.023 billion PEPE tokens, investing $1.34 million USDC at an average price of $0.000007745 per token.
This marks the whale’s second major transaction involving $PEPE. On July 25, 2024, the...
Yesterday, the Cyver alert system flagged a series of suspicious transactions involving the decentralized finance (DeFi) platform Aave, raising concerns across multiple blockchain networks.
However, it has been confirmed that these transactions only affected peripheral Aave contracts and had no impact on the core protocol or user funds.
MakerDAO, the pioneering decentralized finance (DeFi) platform known for its algorithmic stablecoin, is undergoing a major transformation.
The project is rebranding as Sky Protocol and will launch a new native governance token, $SKY.
In a significant shift, the widely recognized $DAI stablecoin will be renamed $USDS.
Analysts Are Not Confident About The Potential Impact On MakerDAO Market ...
The post Big Crypto Whales Join BlockDAG Presale AMid Ethereum’s Supply Concern & Helium Price Forecasts appeared first on The Merkle News.
The Polygon (MATIC) price has been struggling to reverse its downtrend ever since it crashed from its all-time high following the 2021 bull run. The growing impact of the Infinaeon project on the layer-2 market isn’t helping the MATIC price, as it’s increasingly stealing the limelight from Ethereum scalers.
Even with an upcoming token migration driving interest around Polygon, some traders may be...
$CAH, currently 80% away from its recent all-time high of $53.77, has demonstrated remarkable resilience over the past month, bouncing back 100% from its recent lows.
But what’s fueling this momentum, and is a significant upward move on the horizon?
Let’s dive into the key on-chain factors driving $CAH’s potential breakout:
Whale Activity: A substantial 17.94% of the circulating supply is held by...
In a significant development, the Polygon Foundation has announced the upcoming migration from $MATIC to $POL, a hyperproductive token designed to enhance utility, scalability, and productivity across the Polygon network.
This transition, set for September 4, promises to redefine the role of native blockchain tokens.
POL goes beyond the traditional and introduces the concept of a hyperproductive...
Litecoin ($LTC) has been on a volatile yet steady downward trajectory, mirroring the broader crypto market’s retracement.
Notably, $LTC has historically moved counter to the market, but today’s decline suggests a shift in sentiment.
$LTC is witnessing a significant decline in the number of small-balance holders, indicating that weak hands may be capitulating as the market approaches a potential...
As the crypto market experiences a slight downturn, $FLOKI stands out as a beacon of resilience, showcasing remarkable strength and momentum.
With just two days left until the highly-anticipated $CAT airdrop, Floki holders are eagerly awaiting the distribution of over 1 trillion tokens.
#FLOKI is demonstrating remarkable strength, even as #BTC experiences a slight downtrend today.
Key factors...