Arbitrum on-chain DEX Predy Finance suffered an attack. Maple Finance announced a partnership with pawn infrastructure provider Figment. Wintermute deposited approximately 105.144 billion PEPE Coin on Binance. And more…
News from PEPE Coin and these 4 altcoins!
Predy Finance suffered an attack, there are casualties!
Arbitrum on-chain DEX Predy Finance has suffered an attack, according to CyversAlerts monitoring. The on-chain detective reported that the DEX lost about $464,000. The hacker has now transferred 100 ETH (about $293,000) of the stolen funds to the ETH main-net. According to CyversAlerts, the attacker stored these funds at the address starting with 0XeDe4. The remaining $217,000 worth of WETH is still stored in the attacker’s wallet at 0X76b0.
Re launches Avalanche open-ended reinsurance fund
RWA platform Re has launched the first open-ended reinsurance fund using the Avalanche (AVAX) network. The fund’s initial investors include Nexus Mutual, a cryptocurrency insurance alternative provider, with a $15 million grant; and Ava Labs’ Vista Fund (Avalanche’s ecosystem development organization), which focuses on RWA, but with smaller deposits.
Maple Finance partners with Figment
Digital asset lending platform Maple Finance has announced a partnership with pawn infrastructure provider Figment. Maple Finance will leverage Figment’s enterprise-level pawn services. This will further cement its position as the home of digital asset lending. This collaboration enables the staking of digital assets and increases lender rewards. It also improves capital efficiency during loan distribution, providing borrowers with more competitive borrowing rates.
Wintermute deposits a large amount of PEPE Coin on Binance
According to on-chain trackers, Wintermute deposited approximately 105.144 billion PEPE Coins on Binance. The US dollar equivalent of this amount is approximately $1.1688 million.
PEPE Coin saw a 300% increase in trading volume
Meanwhile, in the midst of meme coin mania, the popular meme coin PEPE Coin has boomed. As you have been following on Kriptokoin.com, PEPE Coin has skyrocketed in price and trading volume. According to CoinMarketCap data, PEPE experienced a remarkable 322% increase in trading volume. Thus, in the last 24 hours, PEPE coin trading volume increased by 322% to $2.76 billion. This unprecedented surge in activity is accompanied by an epic price surge, with PEPE hitting an all-time high (ATH). PEPE’s market capitalization rose to $4.46 billion, surpassing Uniswap. This makes it the 23rd largest cryptocurrency by market capitalization. The increase in PEPE’s trading volumes indicates an increase in investor interest and market activity.
SHIB whales are reawakening
Shiba Inu (SHIB) has seen 1.5 trillion SHIB tokens move in major transactions over the last 24 hours. These whale-level trades came amid the significant volume surge we have seen in the market over the last 48 hours. According to analysts, Shiba Inu may finally attempt to enter a reversal mode. Major exchanges such as Binance, Coinbase, Kraken, Gate.io and Robinhood are among those that played a significant role in these transactions. The volume of SHIB trades ranges from 42.6 billion SHIB to 397 billion SHIB worth millions of dollars.
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