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Exodus to Acquire W3C Corp, Parent Company of Baanx and Monavate, for $175 Million

2 hours ago

On November 25th, as per CoinDesk, the cryptocurrency wallet company Exodus Movement is set to acquire the parent company W3C Corp of the cryptocurrency card and payment companies Baanx and Monavate for $175 million. The deal is composed of the company's own cash and financing supplied by Galaxy Digital, with the financing being backed by the Bitcoin held by Exodus. Baanx and Monavate have been collaborating with institutions like Visa, Mastercard, and MetaMask, concentrating on developing cryptocurrency cards and user-custodied Web3 payment services. This acquisition will enable Exodus to become one of the few self-custody wallet providers capable of governing the end-to-end payment experience, ranging from the wallet to the card.
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A whale spent 8 million USDC to buy 2700 ETH

On November 25th, as monitored by Onchain Lens, a whale utilized 8 million USDC to purchase 2,700 ETH from FalconX. Currently, this whale holds 5,920 ETH ($17 million), 1,500 WEETH ($4.77 million), and 1,000 LSETH ($3.13 million).

9 minutes ago

Cryptocurrency Fear and Greed Index Rises to 20, Market Still in 'Extreme Fear' State

On November 25th, according to Alternative Data, the cryptocurrency fear and greed index for today has increased to 20 (yesterday it was 19), and market sentiment remains in a state of "extreme fear." Note: The threshold for the fear index is 0-100, and it includes indicators such as Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Percentage of the Overall Market (10%) + Google Trends Analysis (10%).

9 minutes ago

Multicoin Capital has once again purchased 61,637 AAVE tokens today, worth $10.94 million.

On November 25th, as monitored by on-chain analyst Yu Jin, Multicoin Capital continued to purchase AAVE today via Galaxy Digital. In a period of one and a half months, they have bought 278,000 AAVE ($49.52 million) with an average price of $228, resulting in an unrealized loss of $13.9 million. · After the significant drop on 10/11, they purchased 210,000 AAVE ($51.32 million) at a price of $244 per token. · Today, they bought 61,637 AAVE ($10.94 million) at a price of $177 per token.

9 minutes ago

SlowMist: Some Monad Users' Airdrop Was Hijacked to Hacker's Address

On November 25th, Justing Sun, the founder of SlowMist, tweeted that "Users can verify whether the wallet address bound to the previous Monad airdrop claim page is the expected address. If not, it indicates that their address has been changed to a hacker's address, and the official team has airdropped tokens to the hacker's address." Earlier, a white hat hacker once synchronized a vulnerability with me. At that time, this vulnerability had a precondition, which was basically that if a hacker hijacked a user's session on the Monad airdrop claim page, they could change the claiming wallet address without obtaining further confirmation.

9 minutes ago

Federal Reserve's Kashkari: While AI Does Have Practical Use Cases, Cryptocurrency Space Does Not

On November 25th, the Federal Reserve's Kashkari stated that although artificial intelligence has practical applications, it does not exist in the cryptocurrency space. (Golden Ten)

9 minutes ago

In the past 24 hours, the total net liquidation across all platforms was $368 million, with the primary liquidated positions being short.

On November 25th, based on Coinglass data, the entire network saw a liquidation of $368 million in the past 24 hours. There were $112 million in long liquidations and $256 million in short liquidations.

9 minutes ago