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Cryptocurrency News Articles

News from AAVE, ETH, ENA Coin and 4 altcoins!

Jul 26, 2024 at 05:34 pm

OKX will add Layer3 (L3) to its list! As you have been following on Kriptokoin.com, the market has been struggling to recover its losses

News from AAVE, ETH, ENA Coin and 4 altcoins!

Cryptocurrency exchange OKX announced that it will add Layer3 (L3) to its list. Spot trading will begin on July 30 at 18:00 Beijing time.

OKX will add Layer3 (L3) to its list.

As you have been following on Kriptokoin.com, the market has been struggling to recover its losses on the last day of the week. In the midst of this struggle, leading cryptocurrency exchange OKX announced that it will add Layer3 (L3) to its list. The exchange said spot trading will begin on July 30 at 18:00 Beijing time.

Binance has completed the Render (RNDR) token swap and renamed it Render (RENDER). Deposits and withdrawals of the new RENDER token are now open.

A whale recently withdrew $789,000 worth of AAVE from OKX, according to tracking by on-chain observer The Data Nerd. The address has accumulated $3.02 million worth of AAVE over the past two months.

9 hours ago, a whale 0x948 withdrew 8,447 $AAVE (~$789k) from #OKX.

Within 2 months, he accumulated totally 31,785 $AAVE for $3.02M.

Address:

https://t.co/uJ3fQUpupi pic.twitter.com/1RmiNnzlIo

BlackRock took 76,600 ETH, equivalent to about $240 million, from spot Ethereum ETF address Coinbase Prime, according to on-chain observer Scopescan tracking.

A giant whale withdrew 10 million ENA coins from Bybit

According to tracking by on-chain watchdog The Data Nerd, a multi-signature wallet (or owned by a whale/institution) recently withdrew 10 million ENA Coins (about $4.4 million) from Bybit. The whale then transferred the ENA Coin stack to Ethena for staking. This address is now reported to have deposited a total of 83.83 million ENA Coins (around $37.39 million) into the Ethena staking.

17 hours ago, a Multi-sig wallet (belongs to whale / institutions / maybe #Bybit) withdrew 10M $ENA (~$4.4M) from #Bybit and staked into #Ethena

Till now, this one has staked 83.83M $ENA (~$37.39M) in #Ethena.

Address:

https://t.co/YHh2wTCKer pic.twitter.com/MMtBaU7rjz

Binance.US decides to delist TUSD!

Binance’s US arm, Binance US, has removed TrueUSD (TUSD) from its platform, citing a review process to ensure high standards and respond to changes in the industry. “Deposits for TrueUSD (TUSD) will be closed on July 29, 2024 at 19:00 PDT / 22:00 EDT. Withdrawals for TUSD will remain open until further notice.”

Arbitrum Foundation’s critical proposal opens for first vote

The Arbitrum DAO, the governance body overseeing the Arbitrum ecosystem, is currently organizing a vote on whether to extend Orbit Chains to networks other than Ethereum. The proposal by the Arbitrum Foundation is undergoing its first “temperature check” vote on Snapshot and will conclude on August 1, 2024. The foundation has proposed to scale up the Arbitrum expansion program, which was previously limited to Blockchains that gain security from Ethereum (typically Layer 2 Blockchains).

StarkWare is working to integrate Cosmos’ IBC protocol into Starknet

StarkWare, the main contributor and developer of the Ethereum Layer 2 Starknet, will integrate the Inter-Blockchain Communication (IBC) protocol, a key component of the Cosmos ecosystem designed to enable independent cross-chain interoperability. It is collaborating with Cosmos contributor Informal Systems for this integration.

Currently, Cosmos and Starknet are working on different code bases. Starknet is a permissionless, decentralized ZK-Rollup running as a Layer 2 network on Ethereum. It uses STARK proofs to provide high throughput and low transaction costs while maintaining main-net security. In contrast, Cosmos is an ecosystem of various Blockchains developed using the Cosmos SDK. These Blockchains use the Tendermint consensus mechanism and communicate with each other through the IBC protocol.

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News source:kriptokoin.com

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Other articles published on Nov 26, 2024