Vignesh Karunanidhi
On-chain Analyst Identifies 8.6% APY Whale ETH/stETH Arbitrage Strategy
An Ethereum whale employs a profitable arbitrage strategy involving staked ETH (stETH). The strategy consists of exchanging ETH for stETH at a slight premium on…
Nansen CEO’s Projections: Six Crypto Sectors for the Next Cycle
Blockchain analytics firm Nansen's CEO, Alex Svanevik, discussed six crypto sectors poised to drive the next bull cycle. Svanevik predicts deeper fintech and crypto convergence,…
U.S. Sanctions Highlight Crypto’s Role in Drug Trafficking Network
On October 3, 2023, the U.S. Treasury's Office of Foreign Assets Control (OFAC) imposed sanctions. These sanctions targeted individuals and companies involved in manufacturing and…
Ripple CTO Sparks Backlash After Defending XRPL Clawback
Ripple CTO David Schwartz engaged in a heated conversation with an X user about the pros and cons of XRPL’s proposed clawback feature. Schwartz mentioned…
Friend.Tech TVL Drops 7.8% in One Day Alongside Mass Withdrawals
Fractionalized NFT platform Friend.tech experienced a 7.8% single-day TVL drop. Friend.tech user Hanwei Chang liquidated 43 fractional tokens, making a profit of around $232,000. Chang's…
Ripple Case Takes Another Turn As Judge Denies SEC Appeal, Says Deaton
John Deaton praises federal judge's rejection of SEC's appeal request in Ripple lawsuit. Judge Analisa Torres denies SEC's interlocutory appeal request. Deaton predicted the denial…
Yield Protocol Announces Closure, Cites Reasons for the Decision
Yield Protocol, a prominent DeFi player, is winding down its operations. The March 2024 fixed-rate series launch has been abandoned. Borrowing and lending activities are…
Ripple CTO States His Father Bought XRP at Fraction of a Penny in 2014
Ripple CTO David Schwartz's father purchased over one million XRP in April 2014 for approximately half a cent per token. With XRP currently trading around…
Ethereum Centralization Concerns Resurface Amid Governance and L2 Critiques
Justin Bons' tweets have sparked debates on Ethereum's centralization trajectory. He criticizes trusted Layer 2 (L2) rollups like Optimism for resembling custodial services and enabling…
Frankie Candles Breaks the Silence Amidst BitBoy and TJ Drama
Frankie Candles, a popular cryptocurrency trader opens up about the recent controversies. Hit Network CEO Timothy “TJ” Shedd agreed to sign over full ownership of…
