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Blockchain Data Developer Irys Launches Decentralized Storage Product Lofty

2025.03.21 16:00:21

March 21st. According to official channels, on-chain data developer Irys has launched its decentralized storage service named Lofty. Lofty provides users with 10GB of free storage space and allows for seamless expansion using USDC. The main features of Lofty are as follows: Privacy First: With end-to-end encryption, only you have access to your files. No Subscription Necessary: Pay with USDC and expand storage as required without incurring recurring fees. Decentralized and Secure: There is no central authority that can delete or control your data. Instant and Convenient: Connect your wallet, upload files, and achieve seamless storage. Empowering Creators: You can own, share, and control your content without the interference of large tech companies. Although it is still in the testnet stage, Irys is leading the way in blockchain-based innovative applications through products like Lofty. Irys founder Josh Benaron has stated that the data chain targeted by Irys has the potential to reach a $100 billion industry.
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A Whale Deposits Over 650,000 LINK to Coinbase, Realizing a $3.53 Million Unrealized Gain

On March 28th, as monitored by Onchain Lens, a whale transferred 659,415 LINK to Coinbase (approximately $9.42 million), and it had an unrealized gain of $3.53 million.

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If Bitcoin drops below $82,000, the cumulative long liquidation pressure on major CEXs will reach 327 million.

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Dominari is pursuing a corporate Bitcoin strategy, establishing a $2 million Bitcoin spot ETF holding.

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Virtuals Protocol Fee Distribution Model Update: 70% of transaction fees will go directly to the proxy creator's wallet.

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Bitcoin Price Drops to $84,000

On March 28th, according to HTX market data, Bitcoin dipped to reach $84,000. It is currently trading at $84,032, with a 24-hour decline of 3.69%.

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