Wang Chun, co-founder of major Bitcoin mining pool F2Pool, moved about $20.67 million in Ethereum (ETH) and Wrapped Bitcoin (WBTC) from Binance to the Ethereum-based DeFi protocol Spark. This transfer is part of a larger pattern where Chun has moved over $50 million off centralized exchanges into DeFi platforms focused on lending and yield generation. Spark, with a multi-billion dollar total value locked, allows Chun to maintain Bitcoin exposure via WBTC while earning yield through lending activities. These moves highlight a trend of large crypto holders shifting assets into decentralized finance for potentially higher returns.
Shiba Inu celebrates its sixth anniversary with over 1.67 million holders and growing community support. The project announces a major reconstruction phase focusing on strengthening its core ecosystem, including developments like the Shiba Eternity g...
Since July, Solana (SOL) bulls struggled to push prices above $80, facing steady bearish pressure despite strong network use and stablecoin liquidity. Technical indicators like RSI and MACD signal further downside, with recent price action breaking k...
Trump Media has sold another 2,628 Bitcoin worth about $165 million, adding to a total of 7,281 BTC sold over seven months for roughly $545 million. The company initially bought 11,542 BTC at an average price of $118,522 each but now faces an unreali...
Japan's Finance Minister Satsuki Katayama and the US Treasury are actively coordinating interventions to slow the yen's decline, which has reached a 40-year low near 160-162 per dollar. Japan has spent about $63.5 billion on past yen interventions an...
On July 31, the XRP Ledger faced a strain on its peer-to-peer infrastructure due to a flood of validator manifests, which are data packets connecting validator identities to signing keys. Despite this, the network continued processing transactions an...
