On-Chain Data

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CoinDCX’s old wallet was hacked, losing 15.99 million USDT; the CEO admitted it three days after denying it.

India-based cryptocurrency exchange CoinDCX suffered unauthorized access to its abandoned legacy wallet infrastructure on October 21, resulting in a loss of 15.99 million USDT. Co-founder and CEO Sumit Gupta said on October 22 that related alerts might be a “false alarm.” After on-chain investigator ZachXBT challenged that claim with on-chain records, CoinDCX officially acknowledged the loss on October 25. Why the Abandoned Wallet Held 15.99 Million USDT: A Fund-Sweeping Service Quietly Failed A
USDT+0.00%
Bisc·10-27 01:53
CoinDCX舊錢包遭入侵損失1599萬USDT

Whale Alert Reports $130M USDT Transfer to Bitfinex

Whale Alert reported a transfer of 130,000,000 USDT from Tether Treasury to Bitfinex, valued at $129,867,400, according to a post on the Whale Alert Twitter account. The transaction represents a significant movement of the stablecoin between the issuer and the exchange. Tether Treasury issues USDT a
USDT+0.00%
GateCryptoFrontier·10-27 01:43
Whale Alert Reports $130M USDT Transfer to Bitfinex

Stablecoin Deposits in DeFi Reach $24B, Mark 560.8% Growth

Token Terminal reported that $24 billion in stablecoins have been deposited into decentralized finance (DeFi) platforms, reflecting a 560.8% increase over the past three years. This growth represents approximately 8% of the $298.4 billion stablecoin market. The surge underscores increasing trust in
ETH-1.26%
GateEcosystemHub·10-26 20:03
Stablecoin Deposits in DeFi Reach $24B, Mark 560.8% Growth

Solana Adds $22M Euro Stablecoins in One Week, Outpaces All Chains

Solana added $22 million in euro stablecoins within one week, according to a Token Terminal post. The addition exceeded the combined total from all other blockchains during the same period. The influx reflects network activity and user interest in stablecoins on Solana's platform. Token Terminal
SOL-0.77%
GateCryptoDesk·10-26 19:53
Solana Adds $22M Euro Stablecoins in One Week, Outpaces All Chains

USDC Treasury Mints 250 Million Tokens Confirmed by Whale Alert

Whale Alert confirmed the minting of 250,000,000 USDC, valued at approximately 250,064,375 USD, at the USDC Treasury. The minting event adds liquidity to the cryptocurrency market. USDC is a stablecoin pegged to the US dollar, and the USDC Treasury manages its minting operations. Whale Alert is an o
USDC+0.01%
GateCryptoFrontier·10-26 19:42
USDC Treasury Mints 250 Million Tokens Confirmed by Whale Alert