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The Reserve Bank of Zimbabwe has sold 14 billion Zimbabwe Dollars’ worth of gold-backed digital tokens worth around $39 million despite a warning from the International Monetary Fund.On May 12, the central bank of Zimbabwe announced that it had received 135 applications valued at ZW$14.07 billion to buy the gold-backed
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Larger market participants are buying up the meme coin even as prices dunk, suggesting another leg up might be on the cards soon. Original Source
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The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending. Source
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Millions worth of pepe tokens are held by a small number of wallets, with one such wallet seemingly a memecoin bull. Original Source
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An anonymous Maximal Extractable Value (MEV) bot operator has cashed in well over $1 million this week by executing “sandwich attacks” against buyers and sellers of two new meme coins.The wallet address, linked to the Ethereum Name Service (ENS) domain “jaredfromsubway.eth” made $950,000 from the sandwich attacks on April 18
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An entity connected to a wallet named “jaredfromsubway.eth” is sandwiching crypto traders, mainly those betting on tokens such as pepe and chad. Source
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The Kingdom of Bhutan’s sovereign investment arm, estimated to manage around $2.9 billion in assets, has placed millions of dollars in cryptocurrencies and was a customer of bankrupt crypto firms BlockFi and Celsius.Druk Holding and Investments (DHI), a commercial arm of the royal government of Bhutan, has grown a crypto
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The total value locked (TVL) across DeFi protocol Gamma has jumped by 102% in the past month as investors attempt to secure annual returns in excess of 10% from staking. Source
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Nexus Mutual, one of the largest insurance platforms covering high-risk decentralized finance (DeFi) deposits, is waiting to get paid back by five clients who filed claims after the March incident, according to on-chain data. Together, those clients represent about $2 million in crypto of the nearly $2.4 million in total
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‘White hat’ hackers are working to recover more of the stolen funds as of Monday. Source
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