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DEFINITION: Ethereum futures perpetual funding rate V2 – All Exchange is 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, short positions periodically pay long positions.
Ethereum’s futures perpetual funding rate across all...
Apple announced its personal intelligence system, Apple Intelligence, alongside a partnership with OpenAI that will integrate ChatGPT within its ecosystem.
The new system integrates powerful generative models with personal context, setting a new standard for privacy in AI, according to the press release.
In text-based apps, the features are capable of proofreading and summarizing text,...
Blockchain security firm Cyvers Alert reported a significant exploit on the DeFi lending protocol UwU Lend, which resulted in an approximately $19.5 million loss.
The attacker funded their wallet via the sanctioned crypto mixer Tornado Cash.
Cyvers co-founder and CTO Meir Dolev told CryptoSlate in a June 10 statement:
“The UWU lending contract was exploited by an attacker that executed three...
Quick Take
DeFi Technologies Inc., a public company traded on CBOE Canada (DEFI), has made a strategic decision to adopt Bitcoin as its primary treasury reserve asset, purchasing 110 Bitcoin, according to Newswire.ca,
This move highlights the company’s confidence in Bitcoin’s potential as a hedge against inflation and a safeguard against monetary debasement.
Olivier Roussy Newton, CEO of DeFi...
The Solana Foundation has expelled several validators from its delegation program for conducting sandwich attacks on retail users.
In a recent Discord announcement, Tim Garcia, the Team Lead of Solana Validator Relations, confirmed that the removals were permanent, stating that the foundation identified operators involved in mempool activities supporting sandwich attacks.
He stated:
“Enforcement...
Quick Take
The Realized Price metric offers a comprehensive overview of the average on-chain acquisition price for the entire Bitcoin circulating supply. By analyzing Short-Term and Long-Term Holder heuristics, we can determine the realized price for different investor cohorts.
For the entire coin supply, the Realized Price denotes the aggregate on-chain acquisition price. For Short-Term Holders...
Investor confidence in crypto-related investment products surged last week, buoyed by the US macroeconomic situation.
In its latest weekly report, CoinShares observed that these financial instruments saw net inflows of $2 billion last week, matching the total inflows recorded for May.
Additionally, this marks the fifth consecutive week of positive inflows, with the assets drawing around $4.3...
Quick Take
The Bitcoin halving on April 20, 2024, sparked considerable interest. In the nearly two months since the event, Bitcoin’s price has increased by over 7%. This positive performance is noteworthy, as it marks only the second time Bitcoin has seen a price rise post-halving at this point in a cycle. This highlights the difficulty of generating immediate gains after such an event.
Bitcoin:...
Polkadot Treasury has allocated 2 million DOT, valued at $14.4 million, to enhance the liquidity of the DeFi project Hydration, according to a June 10 statement shared with CryptoSlate.
The project stated that the funds will boost the liquidity and efficiency of its single-sided liquidity provisioning platform, Omnipool.
This latest funding aligns with Polkadot’s current efforts to improve and...
Australian rapper Iggy Azalea has made waves in the digital assets community by launching her Solana-based MOTHER token, a meme coin that has seen a meteoric rise in value despite its lack of intrinsic utility. Simultaneously, she has reignited a feud with Ethereum co-founder Vitalik Buterin and announced plans to integrate her crypto venture with her restarted telecommunication business.
The...