Sunday Top Crypto News
In one short thread…
Coinbase's Conor Grogan estimates at least 913,111 ETH ($3.43B) has been permanently lost due to user errors, making up 0.76% of total supply.
With 5.3M ETH burned via EIP-1559, over 5% of all ETH ($23.4B) is effectively destroyed. Grogan notes the real figure may be higher, excluding lost keys and forgotten wallets.
Uniswap v4 TVL recently surpassed $1 billion, with cumulative trading volume exceeding $110 billion.
Both TVL and daily trading activity are primarily concentrated on Unichain and Ethereum. To date, over 2,500 Hooks have deployed liquidity pools, with Bunni and EulerSwap each recording more than $1 billion in cumulative trading volume.
Japanese AI firm Quantum Solutions plans to invest in bitcoin with a goal of building a treasury of up to 3,000 BTC over the next 12 months.
The decision to invest in bitcoin was driven by the depreciation of fiat currencies, rising global financial uncertainty, and a desire to diversify its asset portfolio.
Beau, Head of Security at Pudgy Penguins, clarified on X that the project did not acquire OpenSea…
He noted that Pudgy Penguins has ambitious plans and there's no need to speculate over specific deals. Instead of focusing on partnerships like Lufthansa and NASCAR, he encouraged the community to look for the next great brand to grow with Penguin. The statement follows rumors that the company acquired OpenSea in December 2024.
According to Noble's official dashboard, the yield-bearing stablecoin USDN, backed by Paradigm and Polychain, has surpassed $1 billion in cumulative trading volume.
USDN currently has a total supply of approximately $115 million and is held by around 30,000 addresses. To date, it has distributed over $1.35 million in cumulative yield.
Crypto majors trade at the following levels
BTC 118,300 (up 0.7% in 24 hours)
ETH 3,785 (up 1.1%)
XRP 3.215 (up 1.6%)
SOL 187.54 (up 0.6%)
Have a great day!
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