Onchain Highlights DEFINITION:The average funding rate (in %) set by exchanges for perpetual futures contracts. When the rate is positive, long positions periodically pay short positions. Conversely, when the rate is negative,... Read more »
The U.S. Securities and Exchange Commission (SEC) has charged the masterminds behind Novatech with running a fraudulent $650 million crypto scheme. Novatech allegedly operated as a multi-level marketing and crypto asset investment... Read more »
A Bitcoin (BTC) address that received 10,000 BTC from a US government wallet two weeks ago moved the entire stash to a Coinbase Prime deposit wallet today, according to on-chain data. The... Read more »
Core Scientific, Inc., a prominent digital infrastructure provider for bitcoin mining, has revealed its intent to issue $350 million in convertible senior notes. This offering is anticipated to close in September 2029,... Read more »
Three Arrows Capital (3AC) liquidators have filed a lawsuit against Terraform Labs, seeking $1.3 billion in damages for TerraLUNA’s collapse. The legal action, filed on Aug. 12, claims that Terraform Labs manipulated... Read more »
New Jersey’s Attorney General, the Division of Consumer Affairs, and the Bureau of Securities have urged investors to immediately withdraw funds from crypto platform Abra. This follows a multi-state investigation into the... Read more »
Key Takeaways Zeta Markets is developing a Solana L2 blockchain to enhance DEX performance with faster trades and higher success rates. The proposed L2 solution aims to achieve 3-5ms confirmations and 10,000... Read more »
Bitcoin’s price climbed to $61,500 on Aug. 13 following the movement of $2 billion in Bitcoin tied to the long-defunct Mt. Gox exchange. The rally, which saw the leading crypto jump by... Read more »
Cleanspark, a publicly-listed bitcoin mining company, recently shared in its 10-Q report that it has acquired 26,000 units of Bitmain’s S21 XP immersion-cooled bitcoin mining machines. These types of cutting-edge immersion miners,... Read more »
Key Takeaways Elon Musk proposes joining a “government efficiency commission” to address US inflation. Musk links government overspending directly to rising inflation and national debt. Share this article Elon Musk volunteered to... Read more »
