🤖 CryptoAttack 🇬🇧
🕹👀 #ALGO SEC says Algorand is a security in a lawsuit against Bittrex
📉 Kaiko: Since 2020, trading volume on Bittrex has plummeted and today averages just $12 million per day, down from nearly half a billion at the end of 2020.
🤖 CryptoAttack 🇬🇧
👀 PayPal Financial Creditor Protection Extension Request Postponed bloomberg.com
⚖ Co-founder Babel Finance published an open letter stating that Babel Group's bankruptcy protection was reviewed today in the High Court of Singapore, formally opening in-house reorganization proceedings.
The focus of future work will shift to a new project - Hope
The focus of future work will shift to a new project - Hope
Twitter
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尊敬的各位，
今天，贝宝金融集团破产保护在新加坡高院进行了聆讯，正式开启了庭内重组程序。我写这封信表达对于贝宝金融集团重组中，各方所做出的努力和贡献的感激之情，以及对于我个人的重大意义。这是自2021年退出贝宝、2022年中贝宝危机后，我决定回归主持重组工作以来，阶段性的工作结果。
尊敬的各位，
今天，贝宝金融集团破产保护在新加坡高院进行了聆讯，正式开启了庭内重组程序。我写这封信表达对于贝宝金融集团重组中，各方所做出的努力和贡献的感激之情，以及对于我个人的重大意义。这是自2021年退出贝宝、2022年中贝宝危机后，我决定回归主持重组工作以来，阶段性的工作结果。
🤝 #INJ Tencent Cloud and Injective join forces to support Injective ecosystem developers
blog.injective.com
blog.injective.com
🙋♂ #SUI Sui Foundation Appoints Managing Director to Drive Blockchain Awareness and Growth
coindesk.com
coindesk.com
🤖 CryptoAttack 🇬🇧
📊 Report Kaiko: - Falling market share of #ETH against BTC - Huge altcoin trading volume on Korean exchanges - The main problems of SushiSwap with attraction of liquidity
📊 Kaiko report:
- #XRP is currently top selling altcoin in Korean markets;
- observed increased activity during Hong Kong trading hours, and in the USA, on the contrary, it is declining;
- ratio of #BTC perpetual futures to spot volume resumed growth in April, reaching the highest level since July 2021;
By #ETH;
- Last week derivatives markets saw significant inflows. ETH option volumes on Deribit for the first time since the collapse of FTX exceeded $1 billion;
- call volumes rose to a yearly high at $700 million a few days after the Shapella update, well ahead of puts;
- ETH Open Interest in Perpetual Futures Markets Hits Multi-Year High at more than $6 billion and funding rates remain positive;
- correlation of ETH with BTC drops to a 3-month low;
- #XRP is currently top selling altcoin in Korean markets;
- observed increased activity during Hong Kong trading hours, and in the USA, on the contrary, it is declining;
- ratio of #BTC perpetual futures to spot volume resumed growth in April, reaching the highest level since July 2021;
By #ETH;
- Last week derivatives markets saw significant inflows. ETH option volumes on Deribit for the first time since the collapse of FTX exceeded $1 billion;
- call volumes rose to a yearly high at $700 million a few days after the Shapella update, well ahead of puts;
- ETH Open Interest in Perpetual Futures Markets Hits Multi-Year High at more than $6 billion and funding rates remain positive;
- correlation of ETH with BTC drops to a 3-month low;
🤖 CryptoAttack 🇬🇧
👀🗣 CEO Paxful He speaksthat he will use his personal funds to make amends to users and avoid jail.
👍 Paxful CEO announces 88% of accounts unlocked and $4.4M remaining: "I gave up my CEO title to unfreeze these accounts and I'm also in contempt of court"
🔛 #VET Vechain launched VORJ, a no-code Web3-as-a-Service platform that allows developers to create, deploy and interact with smart contracts on the VechainThor blockchain.
🤖 CryptoAttack 🇬🇧
🇬🇧🕹 Bank of England Governor Bailey: Stablecoins should be regulated in the same way as domestic currencies.
🇬🇧🕹 The Bank of England is considering limits on stablecoin payments as Parliament debates new cryptocurrency rules and plans to publish a consultation proposal by the end of the year. coindesk.com
📊 Glassnode report:
#BTC is in somewhat neutral territory and above the foundation forming the $16K to $25K supply cluster, where a significant amount of coins has changed hands. Most of this supply remains in the hands of these buyers, while profit is fixed A использовAние сети улучшAется, что поддерживAет высокие рыночные покAзAтели с нAчAлA годA.
#BTC is in somewhat neutral territory and above the foundation forming the $16K to $25K supply cluster, where a significant amount of coins has changed hands. Most of this supply remains in the hands of these buyers, while profit is fixed A использовAние сети улучшAется, что поддерживAет высокие рыночные покAзAтели с нAчAлA годA.
🕵♂ Overview of the actions of 23 whales with more than 1 million #ARB after airdrop:
- 3 whales sold ~22.8M ARB ($38M) at $1.37 and $1.69;
- 11 whales did not buy or sell ARB;
- 9 whales bought ~12.4 million ARB ($21 million);
- most whales bought ARB at a price of 1.2 to 1.5 $.
- 3 whales sold ~22.8M ARB ($38M) at $1.37 and $1.69;
- 11 whales did not buy or sell ARB;
- 9 whales bought ~12.4 million ARB ($21 million);
- most whales bought ARB at a price of 1.2 to 1.5 $.
📊 Artemis data:
- zkSync became the leader in gas consumption Ethereum among L2 with 32% market share, beating Arbitrum and Optimism;
- #ARB commission leader - Arbitrum (41%). Polygon and Optimism accounted for 23% and 22% of fees, respectively;
- #MATIC number increase daily active addresses in the Arbitrum network is one of the reasons for the high commissions. Nevertheless, Polygon surpassed Arbitrum in this aspect, having 318,800 active addresses per day, while Optimism and StarkNet lag far behind in terms of user activity.
- zkSync became the leader in gas consumption Ethereum among L2 with 32% market share, beating Arbitrum and Optimism;
- #ARB commission leader - Arbitrum (41%). Polygon and Optimism accounted for 23% and 22% of fees, respectively;
- #MATIC number increase daily active addresses in the Arbitrum network is one of the reasons for the high commissions. Nevertheless, Polygon surpassed Arbitrum in this aspect, having 318,800 active addresses per day, while Optimism and StarkNet lag far behind in terms of user activity.