MoeCrypto
π£ #ZK Vitalik: ZKsync has been doing a lot of underrated and valuable work in the ethereum ecosystem. Excited to see this come from them.
π₯³π#ZK ZKsync have launched an Atlas update that delivers over 15,000 TPS, ZK completions under a second and near-zero fees, while providing real-time L1-L2 liquidity compatibility. The update allows ZKsync-based networks to directly access Ethereum liquidity without separate pools, turning Ethereum into an institutional-grade settlement tier by realigning L1/L2 capital structures. source
ππ #BTC has entered the era of institutional dominance. The share of retail volume ($0-$1K) has declined from 1.8% in 2021 to the current 0.48%, indicating the growing dominance of larger players in the total transaction volume. cryptoquant
πΉπ· According to Bloomberg, Faruk Fatih Ozer, founder and former CEO of the defunct Turkish cryptocurrency exchange Thodex, has been found dead in his prison cell. Authorities are investigating the possibility of suicide. Ozer was sentenced to 11,196 years in prison in 2023 for fraud and other crimes.
Thodex was founded in 2017 and collapsed in 2021, after which Ozer fled to Albania before being extradited back to Turkey.
Thodex was founded in 2017 and collapsed in 2021, after which Ozer fled to Albania before being extradited back to Turkey.
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π£ Elon Musk unveils X Chat, an encrypted messenger βsimilar to #BTC,β set to launch within months with no ads or data sharing. cointelegraph
π½ #SOL #ETF Bloomberg analyst: In addition to its large volume, Solana ETF significantly outperformed all crypto-ETPs in terms of weekly flows (+417 million $). It also ranked 16th in the overall weekly flows ranking. A successful debut.
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ββ #POLY #UMA Romania's National Gambling Authority (ONJN) has blacklisted Polymarket, calling it an unlicensed gaming platform operating outside of state supervision. cointelegraph
π³ Whale Transactions:
- Bitcoin OG transferred 500 BTC ($54.98 million) to Kraken;
- Smart Trader with 100% winrate continues to build up long positions in BTC and ETH, and set a limit order to buy 40,000 #SOL at $184 price
- LoC: 3 wallets bought 2.26 million #GHOST in the last hour.
- Bitcoin OG transferred 500 BTC ($54.98 million) to Kraken;
- Smart Trader with 100% winrate continues to build up long positions in BTC and ETH, and set a limit order to buy 40,000 #SOL at $184 price
- LoC: 3 wallets bought 2.26 million #GHOST in the last hour.
π #FTT FTX lenders spokesperson Sunil stated that the real cryptocurrency repayment rate for FTX lenders ranges from 9% to 46%, and the actual value could be even lower due to the current high cryptocurrency prices. Even with a nominal payout of 143%, lenders will still not be fully funded in real cryptocurrency terms. Projects are expected to provide additional funds to FTX creditors outside of the bankruptcy process. Paradex has already transferred tokens to FTX creditors, and other projects are likely to follow.
π±π€ #BTC Crypto market sentiment is still stuck in βFEARβ even after Trumpβs trade deal with China.