A $12.5 million DAI to ETH swap by a Coinbase hacker highlights ongoing crypto security challenges and clever fund management strategies by cybercriminals.
Hacker spends 12.5 million DAI to buy 4,863 ETH after Coinbase account theft, now holding 45.36 million DAI.
A potential swing trade saw an address spend 6.18 million DAI to acquire 2,477 ETH, reported by blockchain analyst Ai Yi.
Stablecoins are rapidly approaching a $250 billion market cap, representing 8% of global crypto, with USDT leading the charge. Analysts predict a potential altcoin surge by Q3 2025 as stablecoin balances grow and investor confidence rebuilds.
Institutional buying is driving potential growth for tokens like Rexas Finance, Toncoin, Dai, and Cronos, which could see significant gains by July.
A whale wallet sells 1,692 ETH worth $4.31 million, swapping most for DAI and WBTC in just 8 hours.
A notable TornadoCash transaction saw a trader swap $2.6M DAI for 1,019 ETH, marking significant market activity.
A hacker linked to a previous compromise of Coinbase has sold 8,775 ETH for 23.23 million DAI, according to Chainalysis.
Stablecoins connect traditional finance and blockchain, facilitating billions in daily transactions with price stability.
Sergey Mendeleev outlines seven features for a potential Russian ruble stablecoin, mirroring the Tether model, during the Blockchain Forum in Moscow.
Ethereum's transaction fees have fallen to a 5-year low as blockchain activity slows down. The pending Pectra upgrade aims to increase efficiency.
A crypto whale repaid 3.52 million DAI and deposited 10,000 ETH on Maker, lowering their liquidation price to $1,119.3.
An Ethereum whale was liquidated for $106 million on DeFi platform Sky as ETH prices crashed 14%, causing collateral positions to fall below the safety threshold.
Ethereum whale sells 3,920 ETH for $5.77 million DAI in a rapid transaction.
A whale address acquires 5,227 ETH through a $8.25 million DAI borrowing amid market dip.
A significant ETH whale is close to liquidation, having exchanged 1.608 million USDT for DAI to repay a loan collateralized with 64,792 ETH.
Whales drive significant surge in altcoin market with increased focus on CAKE, USDC, DAI, and WETH.
RWA Restaking Protocol Zoth was exploited for $8.4 million, highlighting security concerns in the crypto industry.
Zoth, a real-world asset re-staking protocol, suffered a security breach resulting in an $8.4 million crypto theft. The attack was likely due to admin privilege leakage.
Zoth protocol hacked; attacker drains $8.4M, converts to DAI instantly.
Ethereum co-founder Vitalik Buterin has been active, minting 315,382 DAI and exchanging meme coins for 71.69 ETH.
Vitalik Buterin, Ethereum's co-founder, exchanges meme tokens for 71.69 ETH and mints 315K DAI, marking notable maneuvers in the crypto space.
Vitalik Buterin, Ethereum co-founder, actively traded meme coins, minting 315,382 DAI and selling various meme tokens.
Italy exempts crypto sales involving the stablecoin DAI from taxes, as declared by the Minister of Economy and Finance.
Stablecoins soar as the top five reach a record market cap of $204.7 billion.
A trader adds 2,000 ETH to avoid liquidation in Maker protocol amid Ethereum's decline.
Binance to delist USDT, DAI, and other stablecoins in Europe due to MiCA regulations, impacting markets.
Binance will delist nine stablecoins, including USDT and DAI, for EEA users by 2025 due to MiCA regulations compliance.
