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Catizen: Hello, World!
Catizen: Hello, World!

Catizen Blog ·2024/03/06 07:29
Recommended high-quality projects for major clients (Re-staking, January 24)
VIPRecommended high-quality projects for major clients (Re-staking, January 24)

Summary EigenLayer's TVL increased from $250 million to $1.7 billion in just one month. The re-staking sector is witnessing extraordinary growth. However, it is important to note that, in comparison to the overall volume of LSD, the re-staking sector still has considerable room for growth. For users primarily holding ETH, depositing ETH in LSD protocols like Lido and then re-staking the acquired stETH to earn another profit presents a more advantageous strategy over the long term. Additionally, apart from the anticipated EigenLayer airdrop, projects like AltLayer will also airdrop their tokens to EigenLayer re-stakers. This could result in profits significantly surpassing initial expectations.

Bitget·2024/01/26 10:32
Arbitrum ecosystem
VIPArbitrum ecosystem

Bitget·2024/01/03 06:00
LSDFi sector
VIPLSDFi sector

Bitget·2023/12/28 06:00
Bitcoin Spot ETF Biggest Development on Wall Street in Last 30 Years, Says Michael Saylor
Bitcoin Spot ETF Biggest Development on Wall Street in Last 30 Years, Says Michael Saylor

A large increase in demand coupled with lower supply should set the stage for higher prices in 2024, he predicted.

Coindesk·2023/12/19 11:36
Flash
  • 00:25
    Hyperliquid: Not affected by North Korean hacker attacks, all user funds have been properly handled
    According to Bloomberg, the cryptocurrency derivatives trading platform Hyperliquid experienced its largest single-day fund outflow in history as traders worried about North Korean hackers operating on the exchange rushed to withdraw their funds. Taylor Monahan, a security expert at digital wallet provider MetaMask, said that digital wallets associated with these hackers began trading on Hyperliquid as early as October. On Monday, she shared the addresses of these suspicious wallets and their activities on social media platform X. Monahan pointed out that such transactions are often a way for North Korean hackers to test potential security vulnerabilities on platforms like Hyperliquid. The core development team of Hyperliquid stated in a declaration: "Hyperliquid Labs has noticed reports concerning so-called North Korean address activity; however, Hyperliquid has never been attacked or exploited by North Korea or any other party. All user funds have been properly handled." Monahan's post sparked widespread discussion on social media, with some supporters of Hyperliquid criticizing her for creating unnecessary panic. According to data compiled by venture capital fund Hashed on Dune Analytics, more than $112 million worth of stablecoin USDC flowed out from the exchange on Monday alone. According to tracking platform CoinGecko's data, the price of HYPE token from this exchange fell 20%.
  • 2024/12/23 23:38
    Aave is considering integrating Chainlink SVR services
    According to a proposal in the Aave governance forum, Aave is considering integrating a new Chainlink oracle - Smart Value Recovery (SVR), aimed at redistributing profits from front-running transactions back to DeFi users. Chainlink's Smart Value Recovery (SVR) is an oracle service specifically designed to extract profits from Maximum Extractable Value (MEV) for the benefit of DeFi protocols. Aave estimates that SVR can capture about 40% of MEV profits, which can be redistributed to the Aave DAO, benefiting its users.
  • 2024/12/23 23:37
    Robinhood CEO: The company currently has no plans to hold Bitcoin for investment purposes
    According to reports, in an interview released on Monday, Vladimir Tenev, the CEO of stock and cryptocurrency trading platform Robinhood, stated that despite the increasing importance of cryptocurrencies to the company, Robinhood currently has no plans to hold Bitcoin for investment purposes. Tenev pointed out that due to Robinhood's growing interest in cryptocurrencies, the idea of holding Bitcoin is "mentioned from time to time". However, he added that apart from holding some cryptocurrencies to meet customer trading needs, Robinhood has no plans to hold Bitcoin as an investment. He said: "We have not ruled out this possibility but we haven't done so yet. After all, we are not engaged in investment management business." Tenev continued by saying that although Robinhood hasn't included Bitcoin into its balance sheet like companies such as MicroStrategy and Tesla have done so far; its stock price “is already highly correlated with bitcoin even though we don’t hold it financially”; if Robinhood were to hold Bitcoin for investment purposes it could potentially “complicate” investors' perception of the company making them possibly view it as a “Bitcoin-like holder company”.
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