By now, you probably know the story of CryptoKitties by heart. The trading game pioneered non-fungible tokens (NFTs) in 2017, and buyers were eager to get in on the craze. Early on, the average CryptoKitty cost $80—but then, the NFT’s trading volume and average price dropped like a rock. Today, the average CryptoKitty is worth just $1.50.
CryptoKitties market data via Nonfungible.com But although CryptoKitties are struggling, non-fungible tokens have gained traction elsewhere. Decentraland, for example, is using NFTs to represent parcels of virtual land, while companies like Enjin are using NFTs for in-game items. Even the Ethereum Name Service is using NFT tokens—in this case, tokens represent unique domain names.
However, there has been little investigation into the size of the NFT market. NFTs are not as obscure as they were two years ago, but they are still largely overlooked: most major exchanges and market aggregators have ignored the trend. To find out how big the NFT market is, we dug into the data—and the numbers may surprise you.
How Big Is the Biggest NFT Marketplace? OpenSea is the largest NFT marketplace by trading volume. It first went live in January 2018, and it has handled over 25,000 ETH, or $4.5 million, since then. Typically, the site trades about 50-150 ETH ($9000-$27,000) of NFTs per day. These numbers are even more impressive in light of the fact that most of its trading took place this year:
OpenSea trading volume (in ETH) via DAppRadar Right now, OpenSea has a daily volume of 80 ETH, or $15,000. If OpenSea were a traditional exchange, it would rank at #180 on CoinMarketCap. This isn’t massive, but it is a good start. For scale, OpenSea’s daily volume is about 1/10th of Waves DEX’s daily volume, or 1/5th of Switcheo‘s daily volume—two minor but well-known exchanges.
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OpenSea fares even better when it is compared to other NFT markets. Auctionity has slightly more users at the moment, but OpenSea beats Auctionity’s daily trading volume fifteen times over (5 ETH vs 80 ETH). There are other NFT marketplaces, such as Rare Bits, which do not publish data—but in any case, OpenSea appears to dominate.
How Big Are the Biggest NFTs? There are currently two tokens vying for the title of “most valuable NFT.” Nonfungible.org suggests that Decentraland’s land parcel tokens, which have a weekly trading volume of $42,000, lead the market by this measure. OpenSea, however, suggests that MyCryptoHeroes, a series of battle tokens, have a weekly volume of 350 ETH ($60,000).
In any case, weekly trading volumes for the largest NFT token are currently somewhere in the ballpark of $50,000. Though subject to change, this is on par with the current weekly volume of a few middling cryptocurrencies. For example, Bytecoin experienced a $57,000 trading volume this week, while Aragon traded $68,000 this week.
Meanwhile, minor NFTs have somewhat lower trading volumes—typically, they move less than 100 ETH per week. But collectively, they are impressive: if OpenSea’s top twenty NFTs were combined, they would have a weekly trading volume of 1120 ETH ($200,000), which is roughly equal to the weekly volume of Factom ($250,000/week).
The Need For Better Statistics It’s unlikely that CoinMarketCap and other market aggregators will begin to rank NFTs and NFT marketplaces any time soon. Even dedicated sites like OpenSea and Nonfungible.com only collect data for a few dozen NFTs. Plus, there are no standard practices for dealing with artificial and unusual market activity when it comes to NFTs.
There are already irregularities: for example, OpenSea’s Ethereum Name Service tokens increased in value by more than 30,000% this week. This rapid change was due to the fact that initial auctions took place over several weeks and were finalized at once. (The auction was exploited as well, but this occurred on a small scale and had no effect on price.)
More broadly, market cap may be a poor measure of an NFT’s success, as it extrapolates average NFT prices to a supply of tokens that may never sell at their listed auction price. We chose to observe trading volume, as it only concerns tokens that have been sold. To account for price changes, long-term trading volumes may be an even better measure.
Are NFTs Big Enough to Go Mainstream? NFTs aren’t as big as they are often made out to be. Reports of a multi-billion dollar annual market for cryptocollectibles are likely overblown: this estimate seems to be based on data about physical collectibles ($200 billion per year) and the video game industry ($50 billion per year). Cryptocollectibles won’t take over these markets entirely.
Still, the fact that OpenSea can handle millions of dollars in NFTs per year is a good start. Plus, the market for NFTs may get bigger: OpenSea only handles NFTs based on Ethereum’s ERC-721 standard. Other blockchains, such as EOS and NEO, already have NFT standards—which means the market may be bigger than what we’ve estimated.
To be even more optimistic, it is possible that a single NFT will become too big to ignore. Many current NFTs, such as Decentraland property, have largely speculative value, but it may only be a matter of time until a non-fungible token becomes as sought-after as leading cryptocurrencies.
Then, everyone will want a piece of the action.
Disclosure: This article was edited by Mike Dalton. For more information on how we create and review content, see our Editorial Policy.
As promised, the leading US crypto exchange Coinbase has dramatically increased the number of coins supported on its platform. The company just added Stellar (XLM), a few weeks after the long-rumored debut of XRP.
So which coins will land the coveted Coinbase listing next?
Back in December, Coinbase revealed it’s taking a hard look at 31 additional cryptocurrencies. The platform now supports Bitcoin, Ethereum, XRP, Litecoin, Bitcoin Cash, Stellar, Ethereum Classic, Zcash, 0x, Basic Attention Token and USD Coin.
That leaves 28 coins on Coinbase’s list of prospects.
Coinbase Pro, the company’s professional trading platform, already supports a handful of the coins on the list above: Civic, Dai, District0x, Golem, Loom, Decentraland and Zcash.
In brief Tim Draper gains 40% on his Aragon investment in just one month. Draper's top picks include Tezos, Bancor, Maker, ANT, Spacecash, Grin, AXE. He hopes Aragon's judicial system will be a game-changer in the legal sector. Last month, venture capitalist and Bitcoin evangelist Tim Draper bought one million Aragon (ANT) for $1 million. This was at a price of $1 per coin—even though the coin was worth $0.70 at the time.
Now the coin’s price has shot up to $1.40, netting him a 40% return in just weeks—at least on paper. He would be hard pressed to sell so many coins given the token’s low trading volume. But, either way, Draper isn’t planning on selling.
“I bought for a reason. I want to drive more usage of decentralized government services. I have no interest in selling,” he told Decrypt.
Draper wants to take partThe Aragon platform provides the tools to create decentralized autonomous organizations (DAOs). At present, the project has facilitated the creation of over 1,000 DAOs since launching in 2018.
Draper now controls a hefty sum of ANT’s total supply—2.5% to be precise. As a result, the crypto entrepreneur not only sits on Aragon’s advisory board but can also participate in its forthcoming judicial system.
“I like their model of creating a totally decentralized judicial system. Draper told Decrypt. “This is much needed. Eventually, this will be a big time saver and money saver from the runaway lawyer system we currently have.”
At present, the project team is focused on its newly devised Aragon court—a digital judicial system for DAOs within the project’s governance.
ANT—Aragon’s native cryptocurrency—is utilized within Aragon’s network governance. Holders of ANT will use their tokens to participate in forthcoming court proceedings. The first of which, came into session back on February 10, involving the mock trial of Ethereum classic developer Yaz Khoury.
Tim Draper is no stranger to significant crypto investments. He’s cited as one of the earliest investors in Bitcoin, snapping up nearly 30,000 BTC at a U.S marshalls auction back in 2014. The auctioneered BTC was worth $632 apiece at the time—a fortune presently valued at over $262 million.
“Of course you know I am a big Bitcoin supporter. I like all the coins that still have a team working hard to make them succeed. Tezos, Bancor, Maker, ANT, Spacecash, Grin, AXE, all have teams dedicated to them making them grow and succeed,” he explained.
Let’s hope none of them get the AXE.
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The foundation council will feature established builders from the Ethereum community, including Polygon Co-founder Sandeep and Sacha from Lido.
Aragon, a platform for building and managing Decentralized Autonomous Organizations (DAOs), is creating the Aragon Foundation, a new governing body that aims to help the project move past a tumultuous phase and further its development.
The Aragon Foundation will be led by a so-called Strategic Council, a group of high-profile Ethereum community members who are tasked with formulating strategies, allocating funds, advising the Aragon team and fostering developers. Memebers of the council include Polygon co-founder Sandeep Nailwal, and Sacha, one of the leading researchers in the Lido ecosystem.
In November 2023, the Aragon Association, which was an entity overseeing the Aragon DAO, announced its motion to dissolve the entity and enable user redemptions of its native token ANT.
The Aragon Foundation will inherit funds left over from the legacy Aragon Treasury that are not redeemed by the ANT Redemption Initiative, which is set to end on Nov. 2. The ANT token is up roughly 35% since the initiative was announced and currently trades at a $280 million fully-diluted valuation.
As of Oct 28, 82.5% of the outstanding supply had been redeemed for ETH.
ANT Price - CoinGeckoThe Aragon Foundation will operate as an ownerless organization that aligns with Aragon's values and mission. The Aragon team will remain independent from the Foundation.
“There is an entirely new governing body, and it is composed of people who have been Aragon supporters and users,” Aragon CEO Anthony Leuteneggar told The Defiant in an interview. “There will be alignment around one singular mission, and you have professional people who can fulfill that mission.”
Aragon, which launched in 2017, provides users with no-code DAO creation and management tools. Through Aragon users can distribute tokens, set governance parameters and authorize wallets for voting simply through its interface.
It believes that “the future of humanity will be decided at the frontier of technological innovation and human collaboration.”
[PRESS RELEASE – Zug, Switzerland, March 20th, 2025]
Aragon is unveiling a major evolution for onchain organizations with the launch of its new products for modular governance and token value accrual, a pledge to completely revamp the game for onchain organizations.
Imminent regulatory clarity will clear the path for crypto founders and institutional players to create and distribute value onchain, at scale. The new tooling empowers projects to create modular governance systems set to streamline decision-making, codify access control, and enable rapid value creation, all while ensuring real ownership, accountability, and sustainable growth. The launch comes as a major move in Aragon’s promise to accelerate the evolution of onchain governance beyond the monolithic frameworks that have existed to date, which have limited organizations’ abilities to scale without stifling innovation.
In contrast to the predominant token-based voting models–which have played a central role in controversy around the effectiveness and utility of DAOs–Aragon’s latest offering proposes effective governance models available out of the box, with a key focus on the long-term strategy of accruing and distributing value amongst stakeholders with skin in the game via gauges.
Highlights include:
Modular organization builder for founders to design custom governance that meets their existing needs and adapts over time Customizable access control and permission management for security Out of the box, no-code, governance templates to save money and time, allowing projects to focus on their product Modularized veLockers to create long-term incentive alignment Gauges to improve resource allocation and ensure token value accrual In line with today’s launch, Aragon’s innovation in value accrual tooling has already gained traction, with partners like Puffer, Mode, and Bedrock already adopting the technology to advance their infrastructure while improving resource allocation discipline on the organizational level and ensuring value accrues back to token holders.
Anthony Leutenegger, Aragon CEO, stated “2025 has often been referred to as the ‘year of the fee switch’ where fundamentals and value accrual back to tokens becomes a critical competitive advantage. So far this has been generally avoided, due to regulatory concerns and thus primitives around doing this thoughtfully have not been prioritized. With the new Aragon app and Aragon Value Accrual Toolkit, organizations are empowered to maximize the value they create and effectively distribute this value to those stakeholders most aligned long-term to help achieve their success.”
Aragon’s legacy has led the way for innovation in modern governance systems, with continued adoption from Lido, Curve, and Decentraland and recent launches with Polygon and Taiko proving strong growth for the project. The combined vision for Aragon’s latest release and developments in value accrual mark a significant step toward a better landscape for onchain and tokenomics-driven governance, providing greater opportunities for organizations to effectively manage their assets and further accelerate the industry’s sector.
To learn more about Aragon’s modular governance tooling, users can visit https://www.aragon.org/.
About Aragon
Aragon builds secure and modular onchain governance technology. Aragon deployed the first DAO framework in 2017 and has since powered the creation of over 7500 DAOs and secured over $35b in value for leading projects like Lido, Curve, Polygon, Taiko, and Puffer.
Aragon, an open-source network that enables the development and administration of DAOs on the Ethereum blockchain, has announced that its technology is now integrated into the Arbitrum network.
Making DAOs accessible to everyone With this partnership, Arbitrum provides its users with an affordable and accessible approach to developing and overseeing DAOs on the protocol using Aragon’s infrastructure. The collaboration now allows Arbitrum users to create DAOs rapidly, securely, and cost-effectively without coding required.
A DAO is an organization that operates through regulations encrypted on blockchain. In contrast to conventional organizations, DAOs function without a ruling organ or leadership structure and depend on a decentralized network of members to create decisions and manage the organization.
This collaboration is set to enable users to utilize Aragon’s streamlined codebase and Arbitrum’s L2 scaling network to swiftly build DAOs without the need of technical knowledge. By using on-chain infrastructure, the new approach helps to eliminate obstacles and costs associated with launching and managing DAOs. This approach therefore enables global users to launch DAOs in a cost-effective manner.
This collaboration is set to make on-chain governance available to everybody in the globe, thus making a positive impact on the widespread application of blockchain technology.
The rise of DAOs a game-changer in crypto The partnership between Aragon and Arbitrum is a testimony to the rise of DAOs – an indicator of a significant shift in how people give themselves and create collective decisions.
Arbitrum is a Layer-2 network that specializes in reducing gas fees and improving transaction speed on the Ethereum blockchain. Just for illustration on Arbitrum leverages the DAO concept, DAO is a key component of the network. As highlighted above, DAO is operated by smart contracts and computer code, eradicating the necessity of centralized leadership authority. The management of DAOs is overseen by token holders who engage in the process of making decisions through voting dynamics. Such an autonomous framework helps to promote inclusivity, effectiveness, and transparency within the community.
The key part of DAOs’ functioning is the notion of tokenomics. DAO members hold tokens that stand for their stake within the organization. The quantities of coins determine a person’s voting power, allowing for a decentralized and democratic method of making decisions.
In short, lessons from this model (as explained above) is an indication of the growth of DAOs. Especially, Aragon is emerging as a dominant platform that offers a comprehensive suite of instruments for developing and managing DAOs.
AUTHOR
Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.
The Ethereum Foundation’s Privacy and Scaling Explorations team has rebranded as Privacy Stewards of Ethereum (PSE). Such a name change reflects its push to make end-to-end privacy an essential part of the network.
As highlighted on PSE’s new roadmap, the team’s role ‘isn’t to own every solution in the space, but to drive clarity, focus, collaborations, and outcomes across the ecosystem.’ This way, they can ensure ‘privacy is treated as a first-class feature at the application layer.’
Alongside these developments, Best Wallet emerges as an excellent partner. This non-custodial crypto wallet gives you full control of your assets on Ethereum and beyond with top-notch safeguarding measures.
Ethereum’s PSE Turns to Private Writes, Reads & Proving PSE’s ultimate vision is to make privacy on the Ethereum network a norm, not just an afterthought. It aims to achieve this through protections embedded across the entire stack, spanning protocol applications, wallets, and governance.
Their roadmap is structured around three key tracks:
Private writes: Makes private transactions, votes, and dApp interactions as easy and cost-effective as public ones; Private reads: Allows users to query balances, contracts, or data without exploring identity or intent; Private proving: Enables fast, zero-knowledge proofs (ZKPs) for secure, portable, and verifiable data sharing. To bring this to life, the PSE prioritizes transfers with PlasmaFold and privacy wallets, new voting systems with Aragon, and confidential DeFi standards for institutions.
They’re also working on privacy-preserving Remote Procedure Calls (RPCs), mixnets, ZK-based identity, and a faster proving system. And all while emphasizing user experience, such as making privacy tools powerful yet super easy to use.
Instead of building every solution itself, the PSE aims to collaborate openly with builders, researchers, and projects.
By steering the network while encouraging open collaboration, the PSE is laying the foundation for a privacy-first Ethereum. Given that Best Wallet shares a similar ethos, they work hand in hand to make crypto safer, more private, and user-centric.
Best Wallet Combines Security, Presales & Cross-Chain Swaps Available on iOS and Google Play, the Best Wallet mobile app positions itself as a highly secure way to manage crypto while on the move.
As a non-custodial wallet, it gives you complete access to your private keys. It also includes protections like 2FA, biometric, and local encryption, so only you can control your crypto holdings.
Even if you happen to lose account access, you’ll easily be able to retrieve your assets thanks to the wallet’s encrypted cloud backups (with no seed or recovery phrase required).
Better yet, it makes it super easy to buy, sell, manage, and swap 1K+ assets across not just Ethereum but other major chains like BNB Chain and Polygon.
In fact, it promises to support 60 networks in the future so that you can anticipate even broader crypto opportunities.
Moreover, the app has its very own launchpad, allowing you to access the best crypto presales. That, coupled with a swap engine, which scans more than 330 DEXs and 30 bridges, offers you the best possible rates.
It also plans to launch more advanced tools, including market intel analytics, stop-loss orders, and derivatives trading.
For more information on what else Best Wallet has up its sleeve, check out our comprehensive Best Wallet crypto review.
Source: Best Wallet Token By the way, Best Wallet’s native token – $BEST – makes all this possible. The reason is that a sizable 25% of its total token supply is earmarked for product development, ensuring long-term growth for the entire ecosystem.
And that’s not all. Holding $BEST unlocks additional benefits, including governance rights, staking rewards at an 84% APY, and lower gas fees.
To reap the perks, you can buy $BEST on presale for just $0.025645, using either $ETH, $BNB, $USDT, $USDC, $FLOKI, SHIB, $PEPE, $DOGE, or fiat.
Now’s a great time to do precisely that as new app developments could propel the token to $0.035215 this year – a potential ROI exceeding 35%.
Ready to jump in? Join the Best Wallet Token presale today.
Authored by Aaron Walker, NewsBTC – www.newsbtc.com/news/best-wallet-non-custodial-combo-with-ethereum-privacy
Ethereum Protocol has seven most established protocols, significantly Aragon along with Aave Labs, Curve, Lido Labs Foundation, Spark Foundation, The Global Foundation, and the Uniswap Foundation. This unwavering platform of Ethereum Protocol Teams jointly announced the exclusive launch of the Ethereum Protocol Advocacy Alliance (EPAA). The aim of this giant gathering is to defend basic infrastructure protecting over $100 billion in on-chain assets directly.
It’s critical for policy to reflect the pragmatic and technical realities of securing $100B+ onchain, without intermediaries.
Meet the Ethereum Protocol Advocacy Alliance. pic.twitter.com/jQfK3ccTOl
— Aragon.eth 🦅 (@AragonProject) November 5, 2025 This struggle is nominated as a public interest in the pursuit of digital assets to grow. According to the Crypto Survey 2025 by Strategy & PwC network, rough figures of 5% to 20% retail investors are turning to crypto. In the United States, polling from the decentralized finance (DeFi) Education Fund and Ipsos revealed that 56% of Americans want full control over their assets or money.
Ethereum Protocol Alliance Unites to Strengthen OnChain Governance and Decentralization Ethereum protocols allowed users to self-custody in the past decades and transact directly with their assets. Now, centralized actors invested strongly in lobbying and earned outsized influence in policymaking. The purpose of this giant gathering is to build a strong protocol by utilizing their expertise to ensure a strong voice to reflect the policy in a real sense and serve the people who access them worldwide.
Anthony Leutenegger, CEO of Aragon, said, “We’ve seen firsthand the technical and practical complexity involved in building on-chain systems. Bringing together the most credible protocol teams will help ensure regulatory outcomes are workable for the builders moving this space forward.”
In response to Anthony Leutenegger, Sam Kim, Chief Legal Officer of Lido Labs Foundation, expressed his views. He said, “Decentralization is the foundation of Ethereum’s credibility and resilience, and through the EPAA, we’re ensuring that policy recognizes and protects this principle.”
Ethereum Protocol Alliance Upholds Neutrality and Permissionless Innovation As per the details shared by Aragon, Brian Nistler (General Counsel of the Uniswap Foundation) also added some words. He said, “The Uniswap ecosystem has faced undue regulatory scrutiny in the past—that’s why we know how critical it is for actual builders to have a seat at the table when policy for decentralized financial systems is being shaped.”
In short, this alliance will focus on protecting the neutrality of the protocol layer, advancing on-chain transparency, preserving flexibility for protocol inception, and upholding global permissionless access to on-chain infrastructure. In a nutshell, this struggle ensures ruling effectively, technically rooted, and protective of the principles that keep Ethereum protocols secure, effective, neutral, and transparent.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
PANews reported on November 11th that, according to the Lido governance forum, community member steephouse proposed deploying an LDO/wstETH position in a Uniswap v2-style LP using NEST, repurchasing and removing circulating LDO, with the LP held by the Aragon Agent. The proposal sets trigger conditions: ETH price above $3000, annualized revenue exceeding $40 million, allocation of 50% of the excess, a single execution limit of 2% of the total price impact, and a 12-month rolling cap of $10 million. Current estimates suggest an annualized return of approximately $4 million, at least 12 transactions, with a maximum deployment of 100 wstETH per transaction. The process includes loading NEST via EasyTrack, purchasing LDO with Stones v2, minting LPs with wstETH, and returning LP tokens to the Aragon Agent.
Top 1 On-Chain Liquidation: ETH Bull Whale Hit With 4 Consecutive Forced Liquidations, $14.11 Million in Positions Liquidated
According to Hyperinsight monitoring, today’s largest liquidation on the Hyperliquid platform involved a high-leverage Ethereum (ETH) long whale. The address opened a long position yesterday when ETH was trading at roughly $1,661, and immediately incurred losses after entry. Triggered by ETH’s short-term dip below $1,600 in the early hours of today, the whale faced four consecutive liquidations, resulting in the forced closure of a total of 8,734 ETH positions valued at approximately $14.11 million. The address now holds less than $150,000 in remaining funds, with all positions fully cleared. Address: 0x1cb0b187c14a8c0fb36ca0dcbb775dcc7f02b408
4 minutes ago
A certain on-chain address opened long positions in BTC, ETH, and silver, and purchased $10.699 million worth of BTC and ETH spot.
According to on-chain analyst Ai Yi (@ai_9684xtpa)’s monitoring, address 0x960…3f0fc simultaneously went long on both futures and spot positions this early morning, opening long positions of 102.55 BTC, 954.38 ETH, and 8,790 silver units, with total position value around $8.29 million. It also purchased spot BTC and ETH worth approximately $10.699 million. Its current take-profit levels are set at $63,000 for BTC and $1,650 for ETH.
4 minutes ago
A whale that reaped over $23.77 million in profits from the Basic Attention Token (BAT) ICO has reawakened after six years of dormancy, offloading 12,600 ETH in the past two days.
According to monitoring by EmberCN, a whale address that participated in the BAT ICO in 2017 and generated approximately $23.77 million in total profits has started selling ETH recently after six years of inactivity. Over the past two days, the address has sold 12,586 ETH, receiving 20.59 million USDS in exchange, at an average selling price of roughly $1,636. The whale invested 17,789 ETH in the BAT ICO in May 2017, acquiring around 113.8 million BAT. It then sold BAT gradually over approximately two and a half years at an average price of $0.245, netting about $23.77 million in profits, with some of the BAT converted into 27,586 ETH. Since then, the ETH has remained inactive for a long time until it resumed reducing its holdings recently. Currently, the address still holds around 15,000 ETH, valued at approximately $24.29 million.
4 minutes ago
Japanese storage firm Kioxia plans to list American Depositary Receipts (ADRs) in the U.S. in April or May next year.
Market news: Japanese storage chip maker Kioxia plans to list its American Depositary Receipts (ADRs) in the U.S. in April or May next year. (Jinshi)
4 minutes ago
Micron's earnings report lifts SK Hynix's stock price 11%, trader 'yixie' expands their unrealized profit to $1.3 million.
According to Hyperinsight monitoring, Micron’s Q3 financial results exceeded all expectations, driving peer SK Hynix’s stock to rally nearly 11% from its recent low. On the Hyperliquid platform, SKHYNIX is currently trading at $1,821, up 6.2% in the past 24 hours. Prominent trader yixie (X: @yixie10) nearly doubled his principal during this rally; he is now holding a 2x long position of 2,289 SKHYNIX contracts at an average entry price of ~$1,239.9. Fueled by the rally, the position’s unrealized profit has expanded to $1.37 million, a 96% gain. As of press time, the trader boasts an 85% win rate in semiconductor storage stock trades since opening positions this year, with total historical profits of $6.68 million, including $4.25 million from Micron Technology trades. Address: 0xa65ce1d604fa901c13aa29f2126a57d9032e412b – HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain news.
4 minutes ago
STRC drops to near $80, marking another new all-time low.
According to Bitget market data, Strategy’s preferred stock STRC has dropped to a low of $80.26, hitting a new all-time low since its listing. Calculated based on a $100 par value, the current discount has reached 20%.
In a recent proposal, Lido introduced an automated buyback mechanism. It would use LDO and wstETH liquidity to form a Uniswap v2-style liquidity pool. It will be managed by the Aragon Agent. If approved, the plan could launch as early as Q1 2026. The goal is simple but powerful: remove LDO tokens from circulation through automated buybacks while improving on-chain liquidity. This would make LDO more useful across decentralized finance (DeFi) platforms, giving token holders more confidence and long-term value.
How the Buyback Mechanism Works In traditional finance, companies buy back their own stock to reduce supply and increase value. Lido’s proposal brings a similar idea on-chain. Instead of purchasing shares, the DAO would buy its own LDO tokens using revenue generated from staking rewards. The tokens would then be paired with wrapped staked ETH (wstETH) in a liquidity pool, improving trading depth while gradually removing LDO from the open market.
The system activates only under certain conditions. For instance, buybacks would occur when ETH trades above $3,000 and Lido’s annual revenue exceeds $40 million. The program would use up to 50% of staking inflows above that threshold, with a limit of $10 million per year to prevent excessive spending.
A proposal to implement an automated LDO buyback mechanism is now live on the Lido DAO Forum.
Opinions regarding mechanism, proposed parameters and more are welcome.https://t.co/Hve7cS405J
— Lido (@LidoFinance) November 11, 2025
This setup is anti-cyclical, meaning it responds to market performance. When ETH prices and revenues rise, buybacks increase, supporting token value. In bear markets, the system slows down or pauses, preserving DAO funds. This approach mirrors treasury strategies seen in protocols like MakerDAO’s Smart Burn Engine, which also automates buybacks based on market conditions.
More About Lido Lido DAO has unveiled stRATEGY, a new product that makes earning DeFi rewards easier and more automated. Built on Mellow Protocol’s Core Vaults, stRATEGY lets users deposit ETH, WETH, or wstETH just once and automatically distributes those funds across trusted platforms like Aave, Ethena, and Uniswap. The system continually rebalances to maximize rewards, simplifying what used to be a complex process.
Introducing stRATEGY
Curated DeFi rewards centered around stETH
Aave, Ethena, Uniswap & more
↓ pic.twitter.com/iXonyJCLhF
— Lido (@LidoFinance) November 6, 2025
In exchange, users receive strETH, a token that accrues both DeFi yields and Mellow points for added incentives. At any time, strETH can be swapped back into wstETH, giving users full flexibility. With stRATEGY, Lido DAO aims to make DeFi participation more accessible while focusing on reliable, battle-tested integrations that optimize returns.
Disclaimer The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.
We are excited to announce that Status Network has partnered with Aragon to deploy its pre-deposit vaults for mainnet, offering exciting benefits to those who get in early.
An OG in the crypto industry, Aragon powers protocols with products and services designed to manage capital allocation, governance, and ownership at scale.
As part of this partnership, Aragon’s open-source DAO infrastructure will underpin the secure pre-deposit vaults Status Network will make available ahead of its mainnet launch.
The first truly gasless L2 blockchain powered by the Linea zkEVM stack, Status Network features a native privacy layer as well as a reputation-based Karma system that aims to prevents spam while rewarding users for staking and participation.
Karma is a soulbound ERC-20 token that cannot be transferred or sold, only earned. Revenue generated by the network – from bridged yield and native apps fees – is gathered in a native funding pool and then allocated to the community through governance by Karma holders.
Before Status Network’s expected mainnet launch in Q1 2026, early adopters will be able to deposit SNT, ETH, LINEA, or stablecoins into their respective vaults. These assets will then be bridged to Status Network upon mainnet launch.
Each vault offers rewards for pre-depositors, including an amount of Karma at launch based on their deposit amount and points from core DeFi protocols on Status Network. As Karma cannot be purchased, pre-depositing is a great way to earn reputation and governance power early on.
Pre-Deposit Vaults TimelineThe pre-deposit campaign will roll out in several phases leading up to mainnet launch. Be the first to know when the vaults open by registering here.
The initial phase will open with the SNT and LINEA pre-deposit vaults. These vaults will remain available until mainnet goes live. As the core token of the Status community, pre-deposited SNT will receive the highest allocation of Karma at launch, set at 25 percent. After mainnet, SNT stakers will also receive 35 percent of the total weekly Karma issuance, making it the strongest long-term option for building reputation.
A subsequent phase will introduce the ETH pre-deposit vault, adding an additional pathway for early participation and yield redistribution.
The final phase will open the stablecoin vault, enabling early participants to redeem GUSD on the L2 at mainnet launch. GUSD is a new yield-generating meta-stablecoin backed by USDT, USDC, and USDS, created in partnership with Generic Protocol.
These pre-deposit vaults will remain open until the mainnet launch of Status Network in Q1 2026.
Remember, pre-depositing not only helps build liquidity and protocol resilience at launch, but it also earns you a corresponding amount of native app points and Karma, giving you a head start on building your reputation, your ability to help govern Status Network and other rewards.
“Through the Karma system, Status Network not only allows anyone to use the network without gas fees, but it also gives the community a way to benefit from the network’s revenue and vote on how it is run,” said Status Network lead Cyprien Grau.
“This philosophy of democratic agency and robust decentralised governance is shared by Aragon, making them the ideal infrastructure partner to power our pre-deposit vaults as we prepare for mainnet.”
Stay tuned for more updates from Status Network:
X (Twitter): Follow @StatusL2 for the latest updatesTelegram: Join the Status Network Builders Chat
Top 1 On-Chain Liquidation: ETH Bull Whale Hit With 4 Consecutive Forced Liquidations, $14.11 Million in Positions Liquidated
According to Hyperinsight monitoring, today’s largest liquidation on the Hyperliquid platform involved a high-leverage Ethereum (ETH) long whale. The address opened a long position yesterday when ETH was trading at roughly $1,661, and immediately incurred losses after entry. Triggered by ETH’s short-term dip below $1,600 in the early hours of today, the whale faced four consecutive liquidations, resulting in the forced closure of a total of 8,734 ETH positions valued at approximately $14.11 million. The address now holds less than $150,000 in remaining funds, with all positions fully cleared. Address: 0x1cb0b187c14a8c0fb36ca0dcbb775dcc7f02b408
4 minutes ago
A certain on-chain address opened long positions in BTC, ETH, and silver, and purchased $10.699 million worth of BTC and ETH spot.
According to on-chain analyst Ai Yi (@ai_9684xtpa)’s monitoring, address 0x960…3f0fc simultaneously went long on both futures and spot positions this early morning, opening long positions of 102.55 BTC, 954.38 ETH, and 8,790 silver units, with total position value around $8.29 million. It also purchased spot BTC and ETH worth approximately $10.699 million. Its current take-profit levels are set at $63,000 for BTC and $1,650 for ETH.
4 minutes ago
A whale that reaped over $23.77 million in profits from the Basic Attention Token (BAT) ICO has reawakened after six years of dormancy, offloading 12,600 ETH in the past two days.
According to monitoring by EmberCN, a whale address that participated in the BAT ICO in 2017 and generated approximately $23.77 million in total profits has started selling ETH recently after six years of inactivity. Over the past two days, the address has sold 12,586 ETH, receiving 20.59 million USDS in exchange, at an average selling price of roughly $1,636. The whale invested 17,789 ETH in the BAT ICO in May 2017, acquiring around 113.8 million BAT. It then sold BAT gradually over approximately two and a half years at an average price of $0.245, netting about $23.77 million in profits, with some of the BAT converted into 27,586 ETH. Since then, the ETH has remained inactive for a long time until it resumed reducing its holdings recently. Currently, the address still holds around 15,000 ETH, valued at approximately $24.29 million.
4 minutes ago
Japanese storage firm Kioxia plans to list American Depositary Receipts (ADRs) in the U.S. in April or May next year.
Market news: Japanese storage chip maker Kioxia plans to list its American Depositary Receipts (ADRs) in the U.S. in April or May next year. (Jinshi)
4 minutes ago
Micron's earnings report lifts SK Hynix's stock price 11%, trader 'yixie' expands their unrealized profit to $1.3 million.
According to Hyperinsight monitoring, Micron’s Q3 financial results exceeded all expectations, driving peer SK Hynix’s stock to rally nearly 11% from its recent low. On the Hyperliquid platform, SKHYNIX is currently trading at $1,821, up 6.2% in the past 24 hours. Prominent trader yixie (X: @yixie10) nearly doubled his principal during this rally; he is now holding a 2x long position of 2,289 SKHYNIX contracts at an average entry price of ~$1,239.9. Fueled by the rally, the position’s unrealized profit has expanded to $1.37 million, a 96% gain. As of press time, the trader boasts an 85% win rate in semiconductor storage stock trades since opening positions this year, with total historical profits of $6.68 million, including $4.25 million from Micron Technology trades. Address: 0xa65ce1d604fa901c13aa29f2126a57d9032e412b – HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain news.
4 minutes ago
STRC drops to near $80, marking another new all-time low.
According to Bitget market data, Strategy’s preferred stock STRC has dropped to a low of $80.26, hitting a new all-time low since its listing. Calculated based on a $100 par value, the current discount has reached 20%.
Top 1 On-Chain Liquidation: ETH Bull Whale Hit With 4 Consecutive Forced Liquidations, $14.11 Million in Positions Liquidated
According to Hyperinsight monitoring, today’s largest liquidation on the Hyperliquid platform involved a high-leverage Ethereum (ETH) long whale. The address opened a long position yesterday when ETH was trading at roughly $1,661, and immediately incurred losses after entry. Triggered by ETH’s short-term dip below $1,600 in the early hours of today, the whale faced four consecutive liquidations, resulting in the forced closure of a total of 8,734 ETH positions valued at approximately $14.11 million. The address now holds less than $150,000 in remaining funds, with all positions fully cleared. Address: 0x1cb0b187c14a8c0fb36ca0dcbb775dcc7f02b408
4 minutes ago
A certain on-chain address opened long positions in BTC, ETH, and silver, and purchased $10.699 million worth of BTC and ETH spot.
According to on-chain analyst Ai Yi (@ai_9684xtpa)’s monitoring, address 0x960…3f0fc simultaneously went long on both futures and spot positions this early morning, opening long positions of 102.55 BTC, 954.38 ETH, and 8,790 silver units, with total position value around $8.29 million. It also purchased spot BTC and ETH worth approximately $10.699 million. Its current take-profit levels are set at $63,000 for BTC and $1,650 for ETH.
4 minutes ago
A whale that reaped over $23.77 million in profits from the Basic Attention Token (BAT) ICO has reawakened after six years of dormancy, offloading 12,600 ETH in the past two days.
According to monitoring by EmberCN, a whale address that participated in the BAT ICO in 2017 and generated approximately $23.77 million in total profits has started selling ETH recently after six years of inactivity. Over the past two days, the address has sold 12,586 ETH, receiving 20.59 million USDS in exchange, at an average selling price of roughly $1,636. The whale invested 17,789 ETH in the BAT ICO in May 2017, acquiring around 113.8 million BAT. It then sold BAT gradually over approximately two and a half years at an average price of $0.245, netting about $23.77 million in profits, with some of the BAT converted into 27,586 ETH. Since then, the ETH has remained inactive for a long time until it resumed reducing its holdings recently. Currently, the address still holds around 15,000 ETH, valued at approximately $24.29 million.
4 minutes ago
Japanese storage firm Kioxia plans to list American Depositary Receipts (ADRs) in the U.S. in April or May next year.
Market news: Japanese storage chip maker Kioxia plans to list its American Depositary Receipts (ADRs) in the U.S. in April or May next year. (Jinshi)
4 minutes ago
Micron's earnings report lifts SK Hynix's stock price 11%, trader 'yixie' expands their unrealized profit to $1.3 million.
According to Hyperinsight monitoring, Micron’s Q3 financial results exceeded all expectations, driving peer SK Hynix’s stock to rally nearly 11% from its recent low. On the Hyperliquid platform, SKHYNIX is currently trading at $1,821, up 6.2% in the past 24 hours. Prominent trader yixie (X: @yixie10) nearly doubled his principal during this rally; he is now holding a 2x long position of 2,289 SKHYNIX contracts at an average entry price of ~$1,239.9. Fueled by the rally, the position’s unrealized profit has expanded to $1.37 million, a 96% gain. As of press time, the trader boasts an 85% win rate in semiconductor storage stock trades since opening positions this year, with total historical profits of $6.68 million, including $4.25 million from Micron Technology trades. Address: 0xa65ce1d604fa901c13aa29f2126a57d9032e412b – HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain news.
4 minutes ago
STRC drops to near $80, marking another new all-time low.
According to Bitget market data, Strategy’s preferred stock STRC has dropped to a low of $80.26, hitting a new all-time low since its listing. Calculated based on a $100 par value, the current discount has reached 20%.
A governance takeover attack allowed an exploiter to mint 10 billion TOP tokens and drain roughly $1.5m in WETH from a Balancer liquidity pool on Ethereum, according to security researchers.
Blockchain security firm Blockaid said the attacker drained 944.2 WETH, worth approximately $1.58m, from the TOP/WETH Balancer V1 pool after exploiting a governance configuration tied to the Token of Power [TOP] ecosystem.
Researchers stressed that Balancer itself was not vulnerable. Instead, the exploit targeted the protocol’s governance architecture.
Attack weaponized DAO governance According to Blockaid and CertiK, the attacker acquired more than 50% of TOP’s token supply before executing a governance proposal that minted billions of new TOP tokens directly to the attacker-controlled contract.
The exploit reportedly relied on a misconfiguration in the Aragon DAO involving TOP’s MiniMeToken structure.
Blockaid said the governance system allowed proposal creation, voting, and execution within a single transaction because no timelock protections were in place.
That allowed the attacker to:
gain majority voting control, execute a mint proposal instantly, create 10 billion TOP tokens, and dump the newly minted supply into the liquidity pool for WETH. “The Aragon Voting app allowed create → vote → execute in a single tx with no timelock,” Blockaid said in its analysis.
CertiK separately reported that the attacker initially withdrew 662 ETH from Tornado Cash before accumulating enough TOP tokens to gain majority governance control.
Governance became the exploit vector The incident highlights how governance systems themselves can become attack surfaces in DeFi protocols.
Unlike traditional smart contract exploits involving coding flaws or reentrancy attacks, governance takeovers weaponize administrative permissions and voting systems already embedded inside protocols.
Timelocks are commonly used in DAO systems to slow governance execution and give communities time to react to malicious proposals.
In this case, researchers say the absence of execution delays allowed the exploit to unfold instantly.
Legacy DAO infrastructure still carries risks The exploit also highlights risks associated with older DAO governance frameworks and legacy DeFi infrastructure still operating on Ethereum.
Aragon and MiniMeToken-based governance systems were widely adopted during earlier phases of Ethereum’s DAO ecosystem. Still, some deployments may no longer reflect modern governance security standards.
The incident adds to growing scrutiny of governance security as attackers increasingly target protocol control mechanisms rather than seeking only direct smart contract vulnerabilities.
Final Summary An attacker exploited a governance misconfiguration to mint 10 billion TOP tokens and drain roughly $1.5m in WETH from a Balancer liquidity pool. Researchers said the exploit relied on an Aragon DAO setup that allowed proposal creation, voting, and execution in a single transaction without a timelock.
An attacker exploited Token of Power's Aragon DAO on Tuesday to mint 10 billion TOP tokens via a malicious governance proposal, then swapped the supply for 944.2 WETH worth roughly $1.58 million.
An attacker exploited a governance misconfiguration in Token of Power's Aragon DAO on Tuesday to mint 10 billion TOP tokens, then swapped a fraction of that supply for 944.2 WETH worth roughly $1.58 million.
Security firm Blockaid identified the incident as a governance-takeover attack, distinct from a smart-contract coding flaw. The attacker first spent approximately 662 ETH, withdrawn from Tornado Cash, to acquire about 8,192 TOP tokens: just over 50% of the protocol's total supply of 16,384 tokens, giving them absolute majority control of the DAO. With that stake in hand, they submitted a governance proposal to mint 10 billion new tokens directly to an attacker-controlled contract.
TOP DAO had not installed a timelock on the Aragon voting system (even though the tech stack offers that configuration), allowing the attacker to create the proposal, vote it through, and execute it in a single transaction. PeckShield confirmed the attacker then deposited 945.1 ETH into Tornado Cash after the drain.
Governance SystemThe root vulnerability was architectural. Token of Power ran on an Aragon DAO using a MiniMeToken-based governance contract, infrastructure widely adopted during earlier phases of Ethereum's DAO ecosystem. Blockaid noted the attacker was able to cast a vote and execute it in a single atomic transaction because no timelock gated any of those steps.
That gap eliminated the window a community would normally need to detect and cancel a malicious proposal. With majority control already secured through the initial token purchase, the proposal passed the moment it was submitted.
CertiK separately reported the same attack path. The newly minted 10 billion TOP tokens were swapped into the existing TOP/WETH Balancer V1 pool, which operated on a 50/50 weighting between the two assets. Flooding the pool with freshly minted TOP against a fixed reserve of real WETH let the attacker extract 944.2 WETH at a price the pool had no mechanism to resist.
Token of Power is associated with "The Mask of Power" DAO and built TOP around collective governance of a specific MetaMask NFT. Balancer itself was not the vulnerable surface: the attack targeted the protocol's governance layer and used the Balancer pool only as the exit route.
[ UPDATE: Article was updated on 6/11 @ 12:42PM to note the Aragon tech stack does have the ability for users to include a timelock ]
Binance, the world’s leading crypto exchange, has announced the delisting of four digital currencies, including Monero (XMR), Multichain (MULTI), Vai (VAI), and Aragon (ANT). The decision to remove these tokens from the platform comes as part of Binance’s periodic review process.
According to the latest announcement, the delisting process is scheduled to take effect on February 20, 2024, at 03:00 a.m. UTC. Following this, all trading pairs associated with these tokens, including ANT/BTC, ANT/USDT, MULTI/USDT, USDT/VAI, XMR/BNB, XMR/BTC, XMR/ETH, and XMR/USDT, will cease to be available for trading. Additionally, deposits of these tokens will not be credited to user accounts after February 21, 2024. Moreover, withdrawals for these tokens will be not supported after May 20, 2024.
Why Did Binance Decide To Delist Monero, Multichain, Vai & Aragon? Binance’s decision to delist these tokens is guided by a comprehensive assessment of various factors. These include the commitment of the project teams, development activity, trading volume, network stability, public communication, responsiveness to due diligence requests, and contribution to a healthy crypto ecosystem. Any evidence of unethical conduct or negligence also weighs into the decision-making process.
Monero, known for its privacy features, has faced scrutiny from regulatory bodies due to its potential use in illicit activities. While it offers anonymity to users, this very feature has raised concerns among authorities regarding its susceptibility to use in money laundering and other illegal transactions.
Multichain, Vai, and Aragon, while not as widely recognized as Monero, have also failed to meet Binance’s standards in terms of development activity, trading volume, and network stability. The delisting of these tokens underscores the crypto exchange’s commitment to maintaining a trustworthy trading environment for its users.
Also Read: Binance Tops CME In Bitcoin Futures, Is Bitcoin ETF Demand Over?
Implications Of Delisting In addition to the delisting of Monero, Multichain, Vai, and Aragon trading pairs from the spot market, Binance will also remove these pairs from its margin trading platform, futures trading, and various other services. This includes Binance Margin, Binance Futures, Binance Simple Earn, Binance Auto-Invest, Binance Loans, Binance Convert, Binance Gift Card, Binance Pay, and Trading Bots.
Despite the delisting, the CEX ensures that users’ funds are safeguarded. Any remaining balances in delisted tokens will be automatically converted into stablecoins on behalf of users. However, it’s important to note that the conversion is not guaranteed, and users will be notified before the process begins. The stablecoins will then be credited to user accounts after the conversion.
In response to the delisting announcement, users are advised to close any open positions and withdraw their assets in the above-mentioned trading pairs. In addition, they are advised to manage any associated products such as Simple Earn, Auto-Invest, Loans, Margin, Futures, Convert, Gift Cards, Pay, and Trading Bots before the stipulated deadlines to avoid any potential losses.
Also Read: Binance Co-founder Announces $5 Million Reward for Reporting Insider Trading
