Exciting Updates: PEPE Coin (PEPE) and Four Other Altcoins Announce New Partnerships

  • The world of cryptocurrency is buzzing with recent developments, including a major attack on Predy Finance, a partnership between Maple Finance and Figment, and a significant deposit of PEPE Coin by Wintermute to Binance.
  • These events have stirred up the crypto market, leading to significant shifts in trading volumes and market values.
  • “The crypto market is in a state of constant flux, and these recent events are a testament to that,” says an industry expert.

Explore the latest developments in the crypto world, including an attack on Predy Finance, a partnership between Maple Finance and Figment, and a significant deposit of PEPE Coin by Wintermute to Binance.

Predy Finance Suffers Major Attack

According to CyversAlerts, Predy Finance, an Arbitrum on-chain DEX, has been attacked, resulting in a loss of approximately $464,000. The hacker has reportedly transferred about $293,000 worth of the stolen funds to the ETH main-net and stored the funds in an address starting with 0XeDe4. The remaining $217,000 worth of WETH is still being held by the attacker in a wallet starting with 0X76b0.

Maple Finance Partners with Figment

In other news, digital asset lending platform Maple Finance has announced a partnership with collateral infrastructure provider Figment. This partnership will allow Maple Finance to leverage Figment’s enterprise-level collateral services, enhancing its position as a hub for digital asset loans. The collaboration also facilitates the staking of digital assets, increasing lender rewards and providing more competitive borrowing rates by improving capital efficiency during loan distribution.

Wintermute Deposits Massive Amount of PEPE Coin to Binance

On-chain watchers report that Wintermute has deposited approximately 105.144 billion PEPE Coin to Binance, equivalent to about $1.1688 million. This deposit comes amid a surge in PEPE Coin’s trading volume and market value, with the coin experiencing a 322% increase in trading volume over the last 24 hours, reaching $2.76 billion. This unprecedented surge in activity has propelled PEPE to its all-time high, surpassing Uniswap with a market value of $4.46 billion and becoming the 23rd largest cryptocurrency by market value.

Conclusion

These recent developments in the crypto market underscore the dynamic and volatile nature of the industry. As Predy Finance grapples with the aftermath of a major attack, Maple Finance is poised to enhance its services through a strategic partnership with Figment. Meanwhile, the significant deposit of PEPE Coin by Wintermute to Binance has stirred up the market, leading to a surge in PEPE Coin’s trading volume and market value. As always, investors are advised to stay informed and tread carefully in this ever-changing landscape.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.
spot_imgspot_imgspot_imgspot_img

Latest News

Only 8 Altcoins Have Surged Against Bitcoin (BTC) Since FTX Collapse – Full List Revealed!

The cryptocurrency market has seen significant developments...

Bitcoin (BTC) Surges to Record $69,000, Ethereum (ETH) Climbs to $3,800 Milestone

The cryptocurrency market is experiencing significant movements,...
spot_imgspot_imgspot_imgspot_img

PRO Analysis

Nansen Reveals DBS Bank’s Hidden Ethereum (ETH) Holdings in Blockchain Analysis

DBS Bank, Singapore’s largest bank, has been...

Crypto Markets Plunge Up to 5% Awaiting U.S. Data: Key Altcoins Affected – BTC, ETH, ADA Analysis

The cryptocurrency markets are eagerly awaiting the...

FTSE 100 Index Analysis: Key Insights for May 30, 2024 – Market Trends and Projections

Cryptocurrency markets have been experiencing...

AI Predicts 2024 End-of-Year Surge for XRP and SHIB Coins: Expert Analysis Inside!

The crypto markets have been a rollercoaster...
Crypto Vira
Crypto Virahttps://coinotag.com/
Alican is a young and dynamic individual at the age of 23, with a deep interest in space exploration, Elon Musk, and following in the footsteps of Atatürk. Alican is an expert in cryptocurrency, price action, and technical analysis. He has a passion for sharing his knowledge and experience through writing and aims to make a positive impact in the world of finance.
spot_imgspot_imgspot_imgspot_img

Singapore’s Largest Bank DBS Holds Over $650 Million in Ethereum (ETH), Solidifying Its Crypto Market Presence

Nansen, a blockchain analytics firm, is strongly convinced that one Ethereum address controlling a whopping 173,700 ETH worth over $650 million at...

Ethereum (ETH) Traders Face Significant Liquidation Surge Amid Market Volatility

The Ethereum price decline has led to over $57 million in long liquidation volume in the last three days. ETH has...

TRUMP (TRUMP) REMAINS TOP CHOICE FOR CRYPTO BETTORS IN 2024 ELECTION DESPITE GUILTY VERDICT

Bitcoin prices surge as market reacts to latest regulatory developments. Ethereum's upcoming upgrade promises to enhance scalability and security. "This...