Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

Shiba Inu Burn Rate Jumps 812% as Activity Recovers

Key Insights: The Shiba Inu burn rate surged 812% in 24 hours, with over 12 million tokens permanently removed from circulation as network activity rebounded. Increased burn activity coincides with rising on-chain engagement, signaling renewed participation despite short-term price
SHIB0.04%
CryptoNewsLand·05-09 16:41

Shiba Inu Burn Rate Jumps 812% as Activity Recovers

Key Insights: The Shiba Inu burn rate surged 812% in 24 hours, with over 12 million tokens permanently removed from circulation as network activity rebounded. Increased burn activity coincides with rising on-chain engagement, signaling renewed participation despite short-term price
SHIB0.04%
CryptoNewsLand·05-09 16:41

Aave Recovery Plan Advances After rsETH Liquidations

Aave liquidated exploit-linked positions and transferred recovered rsETH under approved governance proposals. Court ruling supports transfer of recovered ETH as DAOs coordinate broader recovery and restitution efforts. Next recovery phase focuses on restoring rsETH backing, reopening
AAVE3.97%
ETH2.11%
ARB2.15%
MNT1.51%
CryptoFrontNews·05-09 15:36

Layerzero Discloses RPC Poisoning Incident Linked to $292M KelpDAO Hack

The cross-chain communication protocol Layerzero Labs disclosed on Friday that its internal infrastructure was compromised by North Korean hackers and a simultaneous DDoS attack during the KelpDAO breach. Key Takeaways: Lazarus Group attacked Layerzero Labs internal RPCs and poisoned data
ZRO-3.43%
LINK1.63%
Coinpedia·05-09 15:32

Zcash Gains 7% as Golden Cross Signals Short-Term Strength

Zcash rose 7% on a golden cross amid renewed momentum, boosted by privacy-focused demand and the Zebra 4.4.0 update, as shielded supply reaches a record and adoption grows. Abstract: Zcash posted a 7% gain despite market weakness, supported by a bullish hourly golden cross, rising privacy narratives, and the Zebra 4.4.0 update, with record shielded supply indicating growing privacy adoption.
ZEC4.95%
CryptoNewsLand·05-09 14:51