#Lookonchain Crazy buying of $TRUMP! Whale "Fpj236...uVJr" withdrew 61,205 $SOL($14.3M) from #OKX to buy 1.27M $TRUMP at an average price of $11.25. Whale "GiQtBS...ZFVx" spent 8.5M $USDC to buy 1.03M $TRUMP at an average price of $8.28.
0xsun.sol(@0xSunNFT) earned over $3.7M on $TRUMP , congratulations!
0xsun.sol spent 3,000 $SOL ($653K) to buy 999,895 $TRUMP and sold 199,895 $TRUMP for 3,616 $SOL ($812K), leaving 800K #TRUMP ($3.58M), for a total profit of over $3.7M - #lookonchain
Sony's L2 Launch Highlights OP Stack's Censorship Resistance
The recent launch of #Sony 's Layer 2 (L2) network brought unexpected controversy, showcasing a critical feature of the #OPStack : censorship resistance. Within just 24 hours, an attempt by Sony to block certain tokens unraveled dramatically, proving the robustness of Ethereum’s foundational principles. Here's a detailed breakdown of the events.
Sony’s Controversial Move Upon launching their L2, Sony implemented a strict policy at the RPC (Remote Procedure Call) level to censor early tokens the
As of January 13, 2025, the #stablecoin market cap is $189.1B, with a modest 30-day net change of +0.56%, indicating slowed liquidity inflows and stabilized market momentum. Between November 4 and December 17, 2024, stablecoin supply grew significantly from $161.47B to $188.82B (+16.9%), while #bitcoin surged from $67.8K to $106.1K (+56.5%), achieving a +10.67% 30-day net change at its all-time high.
In contrast, the January-March 2024 rally saw Bitcoin rise from $39.8K to $69.5K (+74.5%) with stablecoin supply increasing from $127.89B to $142.57B (+11.5%). Notably, the Nov-Dec 2024 rally required $27.35B in stablecoin inflows—nearly double the $14.68B needed during the Jan-Mar 2024 rally. $USDC $USDP
📊Crypto trading volume has sunk as 'trading paralysis' has swept markets. Top projects across Layer 1's, Layer 2's, meme coins, and AI last saw this low level of trading on November 4th. The lack of excitement is a sign of FUD, which increases the probability of rebounds - #santimentfeed $CGPT $COOKIE $BIO
Arweave’s Model Under Scrutiny: Unfunded Liabilities and the Risk of Collapse
#Arweave , a blockchain protocol designed for permanent data storage, has recently come under fire for its funding model, which some critics argue contains inherent risks. Casey Rodamor (the creator of #Ordinals协议 protocol), in a recent tweet, drew attention to Arweave's reliance on its token for perpetual data storage. He highlighted concerns about "unfunded liabilities"—the cost of storing data indefinitely without a guaranteed sustainable funding mechanism. Rodarmor's argument parallels criti
Thorchain and RUNE Token: A Critical Analysis of the Current Crisis
#Thorchain , a decentralized liquidity protocol, is facing significant challenges as its native token, $RUNE , undergoes a steep decline in value. These developments expose critical #vulnerabilities in its lending mechanics, raising serious questions about the protocol's long-term viability and solvency.
The Lending Mechanism and Its Flaws Thorchain introduced a lending feature allowing users to borrow assets by collateralizing Bitcoin ($BTC ). Upon borrowing, the system converted BTC collatera
Travala.com, in partnership with Lingo, is offering a 125,000 LINGO token airdrop exclusively for its Smart Diamond and Platinum members. Lingo aims to build a gamified rewards ecosystem powered by real-world assets (RWA), ensuring community rewards are resilient to market volatility.
Key Details:
Eligibility: Smart Diamond & Platinum members.
Participation Requirements: Active membership and submission of a Base wallet address by January 13, 2025, at 7:00 AM UTC.
Airdrop Snapshot Date: January 13, 2025, at 7:00 AM UTC.
Distribution: Within 7 days of the snapshot date.
Additional Benefits: Higher membership levels and Travel Tiger NFTs connected to the account earn more LINGO.
Exclusions: Exchange-owned or duplicate wallet addresses are ineligible.
Founded in 2017, Travala is a leading crypto-native travel booking platform offering access to over 2.2 million properties and accepting 100+ cryptocurrencies alongside traditional payments. It provides discounts and loyalty rewards for Smart members.
Disclaimer: Participation in the airdrop involves risks, including potential token value loss and regulatory scrutiny. $AVA
Despite #Bitcoin 's impressive rally last year, MVRV levels above 3.2 - the typical threshold for extreme euphoria - haven’t been reached this cycle. If #BTC were to reach this level, it would correspond to a price of ~$132K - #glassnode $BTC
#santimentfeed 🐳 The largest trackable exchange deposits show a continuation of $FDUSD moving to Binance at a massive rate, with two separate $25.9M transactions coming from a whale. Additionally, keep an eye on big movement from $WBTC, $ENA, $COMP , $WLD, $SPX, $FTM, and $PEPE . 👀
According to an X post by @deanmlittle, a developer on #solana , the Solana Winternitz Vault is a #quantum resistant cryptocurrency vault designed to enhance security against potential quantum computing threats. Leveraging Winternitz One-Time Signatures (WOTS) and a truncated Keccak256 hash, the vault ensures cryptographic resilience while adhering to Solana’s computational and instruction size constraints.
The program offers three core functionalities: opening a vault, splitting a vault, and closing a vault, each designed to maintain an unbroken chain of quantum-resistant cryptography. Security considerations highlight its ability to offer 224-bit preimage resistance and 112-bit quantum collision resistance, ensuring robustness against advanced threats.
This innovative implementation underscores Solana's commitment to future-proofing blockchain technology while providing practical tools for developers and users. $SOL $JUP
Deep down i know that, just as bubble wrap evolved from a quirky wallpaper to a game-changing packaging material, #NFTs and #Inscriptions are poised to transcend their current purpose in the crypto space.
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