Bitcoin’s Spent Output Profit Ratio shows volatility amid post-halving corrections

Onchain Highlights DEFINITION: The Spent Output Profit Ratio (SOPR) is computed by dividing the realized value (in USD) divided by the value at creation (USD) of a spent output. Or simply: price... Read more »

Thailand launches crypto regulatory sandbox to kick-off adoption

The Securities and Exchange Commission of Thailand (SEC Thailand) has launched a Digital Asset Regulatory Sandbox, according to an Aug. 9 press release. The initiative is designed to support the testing and... Read more »

Bitcoin volume in loss hit highest level since FTX collapse

In periods of extreme price volatility leading to massive losses across the market, it’s important to understand where most of these losses come from. While previous CryptoSlate analysis focused on the difference... Read more »

Near Protocol unveils Chain Signatures to unite cross-chain DeFi and Bitcoin

NEAR Protocol has unveiled a technology called Chain Signatures, which allows smart contracts to sign transactions across any blockchain without relying on cross-chain bridges, according to an Aug. 8 statement shared with... Read more »

Messari and CryptoRank Research Highlight TRON’s Surging Onchain Activity

Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland – August 7, 2024 – Messari, a leading provider of digital... Read more »

Arbitrum partners with Circle to integrate USDC for Orbit Chain gas fees

Arbitrum said it has collaborated with stablecoin issuer Circle to support the use of bridged USD Coin (USDC) as a custom gas token for Orbit Chains, according to an Aug. 7 statement... Read more »

Bitcoin’s crash wipes out $5 billion in futures OI but options remain stable

This week’s crash has led to some of the highest losses we’ve seen since the collapse of FTX, wiping out billions from the crypto market. Bitcoin’s drop to below $50,000 dramatically affected... Read more »

Ronin Network hit by $9.85M exploit but RON token surges 11%

Ronin Network co-founder Aleksander Larsen announced that the Ethereum sidechain has been temporarily paused to investigate a potential Maximal Extractable Value (MEV) exploit. On Aug. 6, blockchain security firm Cyvers reported that... Read more »

Trump reiterates support for Bitcoin during livestream with Adin Ross

Republican presidential nominee Donald Trump reiterated his support for Bitcoin and crypto during an interview with popular live streamer Adin Ross on Aug. 5. The former President reaffirmed statements made during his... Read more »

DeFi giant Aave achieves $6M revenue in volatile market conditions

Leading DeFi platform Aave Protocol generated over $6 million in revenue during the current market downturn. On-chain data shows that Aave earned $802,000 from a $7.4 million wrapped Ether (WETH) liquidation, reflecting... Read more »
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