Surging Interest in PYTH Staking Amidst Market Excitement Over Airdrops
The PYTH token experiences a surge in staking, possibly driven by airdrop prospects, while users remain cautious in their investment.
BrianLog in/ Sign up
Paxos releases PYUSD transparency report for April: total circulation exceeds US$328 million
08/05/2024 16:02
Bullish
Bearish
Live Updates
- Bitcoin Market Shows Early Signs of Revival in 2026BullishBearish
- SWIFT Welcomes XRP On One Condition, Says Former CEOBullishBearish
Trending News
- Brian
Could NFTs on Solana Drive SOL's Growth?
Solana's NFT sector shows mixed signals of growth and decline, with potential uplift from Magic Eden's new reward program.
WeiliangTelefónica Embarks on Innovative Network Expansion with Nova Labs
Telefónica partners with Nova Labs, deploying Helium Mobile hotspots in Mexico to enhance coverage, showcasing a pioneering blend of traditional telecom and decentralized networks.
MiyukiSouth Africa Paves Way for Crypto Innovation with New Licensing Framework
South Africa introduces FSP licenses, bolstering crypto market integrity and consumer protection.
BrianNew Horizon in Blockchain: RippleX's EVM Sidechain Draws Near
RippleX and Peersyst edge closer to launching an EVM Sidechain, fusing XRPL with Ethereum's smart contracts.
WeiliangAvalanche Foundation Sets Sights on Memecoin Arena
Avalanche Foundation's strategic blueprint for embracing memecoins combines rigorous criteria with market enthusiasm, marking a new chapter in the narrative of digital assets.
MiyukiKuCoin Unveils Apple Pay Integration with KuCard, Elevating Crypto Security
KuCoin integrates Apple Pay with KuCard, enhancing transaction security and convenience
BrianPYTH Staking Surges Amid Airdrop Buzz
PYTH staking experiences a surge with over 109,000 users engaging in the last 30 days, propelled by guides on X linking staking to potential airdrops. However, despite the buzz, a significant 68% of stakers are cautious, committing 1,100 PYTH or less, hinting at a delicate balance between speculation and risk in the evolving decentralised finance landscape.
JoyGrayscale Bitcoin Trust (GBTC) Outflows: A Recent Timeline and Market Impact
Grayscale's Bitcoin Trust (GBTC) experienced substantial outflows, notably transferring significant BTC amounts to Coinbase Prime, impacting Bitcoin's market dynamics. These movements, part of the ETF conversion, reflect a complex interplay between institutional decisions and cryptocurrency valuations.
JoyBlack Basta Ransomware Targets Major UK Water Company, Demands Bitcoin Ransom To Prevent Data Leak
The cybercriminals have released a snippet of the stolen data, consisting of sensitive information such as passports, driver's licenses, employee details, and corporate documents.
Alex