Seamless Protocol is launching an Integrated Liquidity Market (ILM) on Lido for wrapped staked Ethereum (wstETH), offering borrowing strategies for tokenholders seeking an alternative to traditional restaking. According to Seamless, the ILM will enable stakers on Lido to automatically use a borrowing strategy and compound positions on wstETH, meaning that it automatically reinvests the returns…

Of the 44 active Ethereum layer-2 (L2) blockchains in existence today, “only a few” will still be around in five years, said Kenny Li, co-founder and chief operating officer of Manta Pacific. According to data from L2Beat, there are currently a total of 44 active Ethereum L2 networks, boasting a combined total value locked (TVL) of $36.92 billion,…

Ethereum staking protocol EigenLayer has shot past lending protocol Aave in its total value locked (TVL), with $10.4 billion worth of crypto committed to the protocol after temporarily removing a cap on how much users could stake. On March 5, EigenLayer hit an all-time high TVL of $11 billion, surpassing Aave’s 21-month high $10.7 billion…

Major stablecoin issuer Tether has launched a recovery tool to migrate its Tether stablecoin between different blockchains amid USDT hitting a $100-billion market capitalization. Tether announced the launch of a blockchain recovery plan on March 4 to ensure stable access to USDT in case of disruptions faced by one of multiple blockchain networks used for USDT transactions. According…

Crypto traders using options and futures to gain exposure to Bitcoin are out of pocket a staggering $1 billion after the cryptocurrency crashed more than 14% from its new all-time high of $69,200 on March 5. In a March 6 post to X, on-chain analytics provider Santiment wrote that the total open interest (OI) on exchanges for Bitcoin,…

The memecoin frenzy has seen trending memecoins, such as Pepe, Floki, Bonk and others, record a massive rally over the past week. The memecoins have recorded a price surge of over 500% and a nearly 3,000% surge in trading volume. According to data shared by Santiment, on average, Pepe, Floki (FLOKI), Shiba Inu and Bonk (BONK)…

Crypto stablecoin Tether has crossed an all-time high market capitalization of $100 billion, posting a 9% year-to-date growth and furthering the gap between its next-largest rival, USD Coin. USDT momentarily hit its $100 billion milestone on March 4 as the market capitalization fluctuates based on the current price and circulating supply, according to data from CoinGecko. It’s over…

Bitcoin (BTC) enthusiasts had no shortage of bullish commentary on social media platform X amid a meteoric rise in the price of BTC over the last week — which is now fast approaching a new all-time high price of $69,000. As at the time of publication, Bitcoin is trading at $68,300, up 7% over the last 24…

Crypto users and projects must keep their heads on a swivel going into the next bull market, watching out for untrustworthy exchanges, unsecured decentralized finance (DeFi) protocols and ever-evolving phishing scams. In January, hackers launched 30 attacks and made off with over $182.5 million in stolen funds, marking a year-on-year increase of 771% from January…

Former physics professor Giovanni Santostasi has shed new light on his “power law” model for predicting the price of Bitcoin — which tips arrived at a prediction of $10 million per individual BTC by the year 2045. A power law is a mathematical relationship where one value is proportional to a fixed power of another value….