On February 4th, COINOTAG News reported significant activity within the crypto lending ecosystem as the Aave V3 protocol experienced substantial liquidations totalling $198 million during the recent market downturn. This alarming figure represents 27% of the entire liquidation volume since the V3 protocol’s inception, which stands at approximately $718 million. The abrupt market shift led … Read more
The US Department of Justice charged Andean Medjedovic with exploiting two crypto protocols, alleging he tried to extort one with a “sham settlement proposal.”
Chainlink (LINK) price has declined over 15% in the past 24 hours, reflecting broader crypto market struggles. The downturn follows significant liquidations, pushing Bitcoin below $100k. Despite the drop, LINK remains above the $20 support level. Investors are assessing whether this presents a buying opportunity or signals further downside amid ongoing volatility in early 2025’s … Read more
World Liberty Financial, a DeFi protocol backed by Donald Trump, has executed significant movements in Ethereum (ETH) and Bitcoin (WBTC) holdings this week. The protocol’s recent action of transferring its ETH to Coinbase raises questions about its liquidity strategy amidst fluctuating market conditions. According to Arkham Intelligence, these transactions involved multiple hops, indicating a layered … Read more
The US commodities regulator is reportedly investigating Super Bowl markets offered by Crypto.com and Kalshi, asking them how they comply with derivatives rules.
SHIB has declined by 19.91% over the past 24 hours. Shiba Inu declined to a four-month low as holders panic sell. Over the past day, as the crypto market crashed, memecoins have not been spared. One of these memecoins is Shiba Inu [SHIB] which has experienced a strong dip. Over this period, SHIB has declined … Read more
Elon Musk says the U.S. tax code is torturing Americans, demanding an urgent reset while slamming wasteful government spending and pushing for massive federal budget cuts. Elon Musk Slams US Tax Code as Torture Tesla and Spacex CEO Elon Musk is pushing for a complete revamp of the U.S. tax structure, arguing that existing policies … Read more
Both Canada and Mexico have agreed to implement policies to stop the flow of illegal drugs and immigration into the US after a phone call with US President Donald Trump.
The last 24 hours on the crypto market have been anything but pleasant, prosperous, rational and lucrative. With $2.2 billion worth of liquidations in perpetual futures alone, and a total of at least $8 billion liquidated, according to ByBit’s CEO, almost every digital asset took a hit in its price. One of the most popular coins, XRP, … Read more
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