DeFI News by Thebittimes.Com

Pepe (PEPE) has been one of the best-performing cryptocurrencies of the last year. Since its launch in April 2023, the frog-themed crypto has rallied by many thousand percent. Investors who got in early have made millions of dollars in profit. Also Read: PEPE and BONK Price Prediction For September 2024 Pepe Investor’s Success and Future Performance Predictions Source – Coin98 Pepe Investor Makes $1.77 Million According to data from LookOnChain, one investor made $1.77 million with frog-themed crypto. The crypto Analysis firm highlights that the investor spent 200,000 USDC to buy 170 billion PEPE on Oct. 20, 2023. The investor held on to the tokens till July 25, 2024, selling them for $1.97 million. The investor’s holdings had risen by a cool 886%. A $PEPE diamond hand who made $1.77M(+886%) spent 1.34M $USDC to buy 173B $PEPE again! This trader spent 200K $USDC to buy 170B $PEPE on Oct 25, 2023 and held it until Jul 25, 2024, when he sold it for 1.97M $USDC, making a profi...

An “epic sat,” mined from the fourth Bitcoin (BTC) halving block, fetched an impressive $2.1 million at a recent auction on CoinEx Global . This rare satoshi, with its distinctive sequence number, sold for 33.3 BTC, emphasizing its considerable value to collectors worldwide. Hosted by CoinEx , this auction marked the first-ever public sale of an epic satoshi, attracting intense global interest and competitive bidding. A satoshi is the smallest unit of Bitcoin, representing one hundred million th of a single coin. The epic satoshi, or “epic sat,” represents the first sat of a block mined after a Bitcoin reward halving . This particular asset, mined by the Bitcoin pool ViaBTC from the 840,000th block on April 20, 2024, carries a unique serial number, 1,968,750,000,000,000, making it a significant piece of crypto history as the first sat of the fourth Bitcoin halving epoch. Picks for you BNY Mellon: World'sWorld's largest custodian bank re...

Backed by the general crypto market gains and increasing investor interest in meme coins launched on the Solana (SOL) blockchain, the network’s native token has registered stellar performance in the current rally. Indeed, SOL investors are anticipating the next price movement that could pave the way for a potential record high above the $200 mark, as the community remains super bullish. Notably, the growth in SOL prices has coincided with a significant on-chain movement of the token. Particularly, data provided by Whale Alert on March 29 indicates that 1,757,028 SOL tokens worth approximately $332 million were moved between unknown wallets. Picks for you 3 best Cardano tokens to invest in 2024 50 mins ago Opportunity? Bitcoin's next 'immediate target' is a fresh all-time high 2 hours ago Bitcoin Cash’s Easter comeback amid impressive price surge 3 hours ago Here’s why you should watch this 3 crypto this week 4 hours ago ...

The number of Dogecoin wallets holding over $1 million has nearly halved this year, registering a 40% decline since last November.  The number of Dogecoin (DOGE) millionaire s has declined by more than 40% year-to-year, according to data from BitInfoCharts. Despite the meme coin’s 30% surge in a month, it’s still over 10% short of its value from last November, a massive 90% off from its all-time high back in 2021. This rather steady decline over the past two years could be a key reason why DOGE millionaire s are becoming scarce.  In 2022, over 1,000 Dogecoin addresses held more than $1 million in value. As of November this year, this figure has fallen to 635. Breaking down these numbers, 548 of these addresses currently hold at least $1 million in Dogecoin, while 87 of them have balances exceeding $10 million. This reduction in high-value holdings reflects the broader decrease in Dogecoin’s market price, which has nearly halved over the year, plummeting fr...

Bitcoin (BTC) continues to trade in the green zone as the maiden cryptocurrency endeavors to surge toward a new all-time high, bouncing back from the downturn experienced in 2022. With the resurgence in value, Bitcoin is concurrently fostering an increase in million aire holders. Specifically, as of November 12, the number of Bitcoin million aires stood at 88,628, signifying a substantial increase of 60,544 from the 28,084 million aires reported on January 5, according to data retrieved by Finbold.  This surge in Bitcoin millionaires marks a threefold increase in 2023, equivalent to a remarkable 215% growth. Bitcoin distribution among addresses. Source: BitInfoCharts Breaking down the millionaires, the number of addresses holding a minimum of $1 million in Bitcoin sits at 81,962, while addresses with at least $10 million worth of the asset amounts to 6,666. Cryptocurrency XRP needs to meet this condition to resume a 'further move up' Crypto...

According to reports, Poloniex, a crypto exchange founded by Tron’s Justin Sun, has been hacked for over $100 million. The hack was brought to light by crypto security firms PeckShield and Cyvers. The security firms flagged the possible hack at around 10:55 UTC. JUST IN: Tron founder Justin Sun's crypto exchange Poloniex hacked for over $100 million . — Watcher.Guru (@WatcherGuru) November 10, 2023 The firm’s customer service arm took to X (formerly known as Twitter) and said that their ‘wallet has been disabled for maintenance.’ The platform said it would inform the community when the wallet is online. However, there has been no update from the exchange since. Also Read: Binance To Halt Russian Ruble Deposits From November 15, 2023 Our wallet has been disabled for maintenance. We will update this thread once the wallet has been re-enabled. — Poloniex Customer Support (@PoloSupport) November 10, 2023 Tron founder and Poloniex backer...

Staking infrastructure firm Kiln has closed a $17.8 million fundraising round led by the likes of Consensys, GSR and Kraken Ventures. Staking technology provider Kiln has closed out a $17.8 million fundraising round featuring the likes of Consensys and Kraken Ventures. The company is eyeing ‘exponential’ growth in demand for ETH staking services from institutional clients in the future. Kiln is a software-as-a-service provider focused on enterprise-grade staking solutions across 16 different Proof-of-Stake blockchain protocols. Its infrastructure enables users to stake on-chain while maintaining asset custody on separate solutions as well as cloud platforms and validator clients. An announcement shared with Cointelegraph outlined growing institutionalization of cryptocurrency staking as a trend in the market. According to Kiln, this is driving the need for ‘validator-agnostic APIs and services’ to allow for multi-provider staking. Cointelegraph spoke to Kiln co-founder and CEO Laszl...