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Day: March 11, 2025

Ethereum Foundation not behind $56M Sky deposit, developer says

cryptocurrency March 11, 2025

Advertisements Ethereum community members dismissed rumors of a $56 million transfer into lending protocol Sky from the Ethereum Foundation. An Ethereum developer rejected speculation that the Ethereum Foundation (EF) was behind a recent deposit of more than 30,000 Ether into the decentralized finance (DeFi) protocol Sky, formerly known as MakerDAO. On March 10, a wallet […]

Base Blockchain Faces Backlash Over GrokCoin Promotion as Developers Feel Overlooked

cryptocurrency March 11, 2025

A major controversy has erupted within the Base blockchain community after its official X (Twitter) account promoted GrokCoin, a newly launched token, while established builders voiced frustration over being ignored. Advertisements The dispute highlights growing tensions between blockchain developers and platform operators over project visibility and promotional priorities. Base’s Endorsement of GrokCoin Recently, GrokCoin made […]

Whales Panic as Crypto Liquidations Near $1 Billion Amid Market Freefall

cryptocurrency March 11, 2025

The crypto market experienced a dramatic downturn over the past 24 hours, with nearly $1 billion in liquidations wiping out traders’ positions.  Advertisements This sharp plunge followed a turbulent start to the week that had already seen $620.5 million in losses. Crypto Liquidations Reach Nearly $1 Billion According to Coinglass, 334,404 traders were liquidated in […]

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