Singapore, Singapore, 18th September 2024, Chainwire
Cryptocurrency markets are known for their volatility, and recent predictions from noted analyst Altcoin Sherpa add another layer of uncertainty. Sherpa's latest forecast for Celestia (TIA), a modular blockchain network, suggests that the token might soon dip below $1.
Synthetix, a popular DeFi protocol, is facing challenges regarding its plans for Arbitrum, a layer-2 platform for Ethereum. According to the recent voting results, the community voted against its plans to extend its Long-Term Incentive Program (LTIP) grant.
A popular crypto analyst thinks the modular blockchain network Celestia (TIA) will collapse in price over the long term. Pseudonymous analyst Altcoin Sherpa tells his 222,800 followers on the social media platform X that TIA will plunge to below $1 eventually, though he acknowledges it could see some “random short squeezes” before that.
Celestia experiences strong price growth and market cap rise, but negative funding rates signal caution in the derivatives market. Will the upward momentum continue?
The cryptocurrency market is no stranger to sudden shifts, and Arbitrum (ARB) is currently in the spotlight. After a prolonged period of trading within a descending channel, ARB is now testing critical resistance levels that could signal a massive breakout.
Cryptocurrency prices were mixed as traders focused on the upcoming Federal Reserve meeting, with the crypto fear and greed index remaining in the fear zone.
This week remains vital for the financial industry, with markets expecting tomorrow's first rate cut by the Federal Reserve since 2020. The previous interest rate reduction triggered a bull run in the crypto market, and analysts expect the same this cycle.
DeltaPrime DeFi, which runs on the Arbitrum platform, has been dealt a major blow in the form of a hack. The attack that took place at 6:14 AM CET led to a loss of $5. 98 million to liquidity pools belonging to the provider DeltaPrime was first flagged by Cyvers alerts.
No sooner than the Bitcoin price displays some bullish possibility, the altcoins have begun to thrive to some extent. The Fantom (FTM) price displays immense strength with over 10% gains, while the Celestia (TIA) price follows suit.
Arbitrum tests resistance, with a potential 182% price surge on the horizon. Will it break out?
The hacker exploited DeltaPrime's admin proxy, enabling them to redirect contracts to malicious addresses. By doing so, they were able to drain funds from key liquidity pools, including DPUSDC, DPARB, and DPBTCb.
The blockchain security company Cyvers has reported a security leak in the decentralized finance (DeFi) protocol DeltaPrime, which operates on the Arbitrum network. The Cyvers estimates the loss in the incident to be four and a half million dollars at first, however, after it was reported that the funds had been transferred from DeltaPrime's DeFi
TL;DR DeltaPrime Hack: DeltaPrime, a DeFi platform, lost over $6 million due to an admin key hack on the Arbitrum network, highlighting serious security concerns. Details and Impact: The hacker exploited a leaked private key to drain funds, affecting various tokens like USDC, ARB, and BTC, and leaving the Avalanche version unaffected.
The attack is believed to have occurred due to a private key exploit.
DeltaPrime, a DeFi protocol on the Arbitrum chain, has fallen victim to a series of suspicious transactions. The Web3 security firm CyVers flagged the issue, revealing that malicious actors have compromised protocol's admin wallet.
Arbitrum and ApeCoin prices will be in the spotlight this week as their networks unlock millions of tokens. ApeCoin (APE) token was trading at $0.
As the global crypto market cap crosses $2.10 Trillion, the price of Bitcoin has successfully reclaimed the $60,000 mark. Moreover, with a jump of 10.63% over the past week, it is currently valued at $60,226.36. Following this, altcoins have recorded a massive uptrend in their respective valuation.
Celestia (TIA) is making big moves, ranking as one of the top gainers in the last 24 hours.
Circle Internet Financial, the company behind the US Dollar Coin (USDC), has announced the integration of the Arbitrum layer-2 scaling chain into its Web3 infrastructure platform.
Cryptocurrencies are largely in the green Saturday as traders anticipate the Federal Reserve will cut interest rates next week and Bitcoin retests the crucial resistance point at $60,000.
Celestia offers scalable, privacy-focused apps on Fhenix's network by making data available. Fhenix's integration with Celestia improves both privacy and processing efficiency.
DappRadar shows that in the last 24 hours, volumes have dropped by 33% to $1.08 billion
Arbitrum holds the top spot in the Layer 2 ecosystem with the highest TVL, but ARB token holders face challenges.
Celestia (TIA) aims to increase its influence by offering light nodes through its block explorer. In the future, light nodes will be integrated with every wallet to secure the network in the most decentralized way possible.
Circle integrates its USDC stablecoin with Arbitrum's Layer-2 network, enhancing Web3 tools for developers and expanding USDC's presence in decentralized finance.
Celestia, a top network and one of the few modular blockchains, is building. Less than a year after transiting to the mainnet after months of testing, the platform is taking bold steps to scale the base layer and further boost data availability.
Proponents of migration plan see ZKsync as more 'suited' to Treasure DAO's long-term plans for decentralized gaming.
It's Circle's latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether's USDT.
TIA is seeing an increase in price. However, notable analyst suggests further surge could occur if the asset breaks above a certain level.
The deployment of GHO has been limited to Ethereum and Arbitrum networks, at least for now.
Arbitrum shows potential for recovery as adoption grows and bullish signals emerge.
Several major token unlocks are set to take place in the coming months, which could potentially de-stabilizing the altcoin market. These unlocks will introduce large amounts of new supply, and as a result, investors are bracing for possible price crashes this month.
Several major token unlocks are set to take place in the coming months, which could potentially de-stabilizing the altcoin market. These unlocks will introduce large amounts of new supply, and as a result, investors are bracing for possible price crashes this month.
Coinbase's native layer 2 network Base has surpassed 4.2 million daily transactions, according to data from Coin98Analytics. Arbitrum came closest with 1.3 million transactions followed by Ethereum with 1.1 million transactions.
Arbitrum (ARB) has recently emerged as a notable performer. After breaking out from a falling wedge pattern, ARB's price is showing promising signs of further gains.
TL;DR Expansion to Arbitrum: Paxos will integrate its tokenization platform with Arbitrum One, Ethereum's leading Layer 2 network. Expected impact: The collaboration will enable Paxos to leverage Ethereum liquidity faster and at lower costs. Arbitrum Capabilities: Arbitrum One is known for its high performance and scalability, making it easy to integrate real-world assets.
Paxos, a leading tokenization platform, will integrate Arbitrum, marking its first foray into the Ethereum layer-2 ecosystem, according to a Sept. 10 statement shared with CryptoSlate.
Celestia price continued its sell-off this week and is hovering at its lowest point since November 2023, ahead of a major token unlock. Celestia (TIA) dropped to $4.15 on Sept.
Paxos will integrate with Arbitrum to enhance its presence in Ethereum's ecosystem and facilitate institutional adoption of on-chain real-world assets.
Stablecoin issuer Paxos is set to launch its products on the Ethereum Layer 2 blockchain Arbitrum One as it expands its services.
Arbitrum's bullish breakout targets 25% gains - large transactions and rising activity spark excitement.
The crypto markets slipped into extreme fear over the weekend, with major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and several others losing considerable ground and dragging the combined crypto market cap below $2 trillion.
Arbitrum was on the verge of a bullish breakout, which could result in a 25% price rise soon.
Celestia announces its roadmap to scale blockchain data throughput to 1 GB blocks, aiming to drastically improve the performance and scalability of decentralized applications.
Celestia has just unveiled the details of its roadmap, hinting at the arrival of possible 1-gigabyte blocks.
Celestia's recent announcement to scale its blockchain network block size to 1 gigabyte (GB) has injected fresh optimism into the market for its native token, Celestia (TIA). The ambitious plan, revealed in a detailed roadmap, aims to significantly boost data throughput and expand the functionalities of Celestia's rollup ecosystem.
Celestia recently revealed plans to boost its block size to up to 1 gigabyte, as part of its efforts to improve data transfer efficiency.