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  • ๐Ÿš€ Trezor sales skyrocket by 900% amid Ledger's seed recovery scandal.

๐Ÿš€ Trezor sales skyrocket by 900% amid Ledger's seed recovery scandal.

๐Ÿ“ฃ Former Ethereum Developers are Shifting to Bitcoin, Attracted by the Ordinals Protocol.

Yo, We know you canโ€™t wait for the spicy crypto news around. So, here we areโ€ฆ

๐Ÿ”ฅ What's hot today ๐Ÿ”ฅ

๐Ÿš€ Trezor sales skyrocket by 900% amid Ledger's seed recovery scandal.

๐Ÿ’ฐ In Just 22 Days, Blend Goes From 4,200 To 169,900 ETH

๐Ÿค– Circle CEO - โ€œAI bots are already creating wallets and making transactions in USDCโ€

๐Ÿ“ฃ Former Ethereum Developers are Shifting to Bitcoin, Attracted by the Ordinals Protocol.

๐Ÿ“ˆ Litecoin Defies Gravity: Soaring High in a Bearish Market

๐Ÿ“š Market analysis of the day

๐Ÿฆ Tweet of the day

๐Ÿธ Meme of the day

๐Ÿง  Wisdom of the day

๐Ÿš€ Trezor sales skyrocket by 900% amid Ledger's seed recovery scandal.

So here's the quick scoop. Ledger's in hot water over a security issue, and Trezor is cashing in โ€“ their sales spiked by 900%! Trezor champions user-only access to seed phrases, while Ledger's had to pause their new feature to clean up their act. And despite a potential loophole found in Trezor's wallet, their CTO reassures us it's highly unlikely to be exploited. Wild times in the crypto world, huh?

๐Ÿ’ฐ In Just 22 Days, Blend Goes From 4,200 To 169,900 ETH

Blend, a lending protocol on the Blur platform, has exploded from 4,200 ETH to a mind-boggling 169,900 ETH in just 22 days! This accounts for a massive 82% of all NFT lending volume, with Azuki leading the pack.

This stunning surge has fueled Blur's Total Value Locked (TVL) from $119 million to $146 million. They're attracting NFT whales with their Season 2 incentives, leading to $19 million in recorded wash trades in a week.

User numbers are also booming, up 64% since launch.

๐Ÿค– Circle CEO - โ€œAI bots are already creating wallets and making transactions in USDCโ€

Circle's CEO, Jeremy Allaire, has said AI bots are now creating wallets and transacting USDC, their own stablecoin.

But it's not just Circle. Other big crypto players like Solana and MakerDAO are also embracing AI. From retrieving on-chain data to planning AI-based community governance systems, these bots are getting smarter by the minute!

๐Ÿ“ฃ Former Ethereum Developers are Shifting to Bitcoin, Attracted by the Ordinals Protocol.

Bitcoin is making waves thanks to a new protocol called Ordinals. It's so exciting that many Ethereum devs, including the OrdinalSafe team, are diving headfirst into Bitcoin. Even at the Bitcoin 2023 conference, they were welcomed like family. It's not all smooth sailing though - the increase in transaction fees and new concepts like maximal extractable value (MEV) have stirred up some debate.

BTW, youe are going to love the following debate on Ordinals in Bitcoin 2023.

๐Ÿฆ Tweet of the day

๐Ÿธ Meme of the day

๐Ÿง  Wisdom of the day

The surge in decentralized finance (DeFi) projects and users has increased the difficulty of aggregating data from diverse DeFi apps due to their decentralized character.

So, whatโ€™s the solution? Here comes DefiLlama.

DefiLlama is a platform that monitors the total value locked in significant projects, providing timely information to users at no cost.

๐Ÿ’ก What is DefiLlama?

DefiLlama, the largest transparent DeFi data aggregator, provides a comprehensive analytics dashboard tracking total value locked (TVL) across various DeFi protocols. It offers accurate, real-time market data free of charge, covering major chains such as Ethereum, Terra, Avalanche, and Cardano.

It delivering up-to-date insights into decentralized exchanges, lending protocols, yield farming, and staking pools.