Arbitrum on-chain DEX Predy Finance has been attacked. Maple Finance announced a partnership with pawn infrastructure provider Figment. Wintermute deposited approximately 105.144 billion PEPE Coins on Binance. And more…
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Predy Finance was attacked, there is a loss!
Arbitrum on-chain DEX Predy Finance has suffered an attack, according to CyversAlerts monitoring. The on-chain detective reported that the DEX lost approximately $464,000. The hacker has now transferred 100 ETH (approximately $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 attacker still keeps the remaining WETH worth $217,000 in his wallet starting with 0X76b0.
Re launches Avalanche open-ended reinsurance fund
RWA platform Re has opened the first open-ended reinsurance fund using the Avalanche (AVAX) network. The fund’s early 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 has smaller deposits.
Maple Finance partners with Figment
Digital asset lending platform Maple Finance announced a partnership with collateral infrastructure provider Figment. Maple Finance will leverage Figment’s institutional-grade lien services. Thus, it will further consolidate its position as the home of digital asset loans. This collaboration enables staking of digital assets and increases lender rewards. It also provides borrowers with more competitive borrowing rates by improving capital efficiency during loan allocation.
Wintermute deposited a large amount of PEPE Coin to 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 dollars.
PEPE Coin increased by 300% in transaction volume
Meanwhile, amid the meme coin mania, popular meme coin PEPE Coin has boomed. cryptokoin.comAs you follow from , PEPE Coin rose rapidly in price and trading volume. According to CoinMarketCap data, PEPE experienced a significant 322% increase in trading volume. Thus, PEPE coin transaction volume increased by 322% in the last 24 hours, reaching 2.76 billion dollars. This unprecedented increase in activity is accompanied by an epic price increase, with PEPE reaching an all-time high (ATH). PEPE’s market value increased to $4.46 billion, surpassing Uniswap. Thus, it became the 23rd largest cryptocurrency by market capitalization. The increase in PEPE trading volumes indicates an increase in investor interest and market activity.
SHIB whales are reawakening
Shiba Inu (SHIB) saw 1.5 trillion SHIB tokens move in large transactions in the last 24 hours. These whale-level transactions come amidst the significant volume increase we have seen in the market over the last 48 hours. According to analysts, the Shiba Inu may finally try to enter reversal mode. Among those that play an important role in these transactions are major exchanges such as Binance, Coinbase, Kraken, Gate.io and Robinhood. The volume of SHIB transactions ranges from SHIB 42.6 billion to SHIB 397 billion, worth millions of dollars.
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