The Aerodrome and Velodrome have formally merged to establish Aero, a spot exchange functioning across seven networks.

Der Open-Interest bei Bitcoin, Ethereum und Solana steigt deutlich an, berichtet Santiment. Eine Zunahme des Open-Interest deutet in der Regel auf verstärkte Marktaktivität und eine größere Risikobereitschaft hin, insbesondere wenn sie von einem Kursanstieg begleitet wird. Doch sollten Investoren wachsam bleiben: Ein rapider Anstieg kann auch zu verstärkten Liquidationen führen, falls die Preise unerwartet gefallen.

Whale and Institutional Transactions:

PumpFun has once again acquired 129,798 SOL tokens worth approximately $14.07 million on Kraken. Over time, they have sold a total of 5,477,722 SOL, amounting to roughly $875.5 million, at an average price of $159.8 per token.

Additionally, four new wallets received a combined total of 1,127 BTC from Wintermute, valued at approximately $93.45 million.

Today's cryptocurrency market update.

Today's cryptocurrency market update.

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The Starknet community has strongly endorsed a proposal to commence research aimed at transforming the network into an independent post-quantum Layer 1. More details can be found here.

a16z plans to rebrand its main blockchain fund by eliminating the term "crypto" from its name. The firm aims to shift its investment focus toward other sectors. Additionally, one of its founders will be leaving the company, reports The Information.

Travala has announced the implementation of the AVA Buyback Multiplier, a new mechanism designed to increase the company's monthly AVA buybacks to correspond with the rewards earned by members of the AVA Smart program through their AVA bonuses. Further details are available in the company's announcement.

#AVA is currently up 12% due to recent news.
#Careport.
Check out the chart.

#AVA is currently up 12% following recent developments.
#Careport Check out the chart.

Visa is in talks to acquire Fireblocks in a deal valued at approximately $2.5 billion.

Initial Jobless Claims decrease to 194,000, down from 199,000 previously.

Onchain Lens has released a report detailed on their Twitter account, highlighting unusual financial activities associated with CoinDCX. According to the report, user deposits may have been diverted to an unrecognized wallet absent from official financial records, followed by a transfer of nearly the same amount from that wallet. The analysis further indicates that some funds purportedly linked to CoinDCX's hot wallet have been processed through over-the-counter (OTC) trading platforms and anonymization services designed to obscure transaction trails. Meanwhile, ZachXBT has issued a public warning, advising users to withdraw their assets from the exchange amid ongoing concerns.

Fireblocks has denied reports that it is negotiating a potential acquisition by Visa.

Today's Summary and Tomorrow's Events.

Ethereum has postponed the rollout of the Glamsterdam update on the Hoodi testnet due to compatibility issues with EIP-8037.

Chainlink has partnered with LG CNS to expand the market for Korean Won-pegged stablecoins.

Yesterday, spot Bitcoin ETFs experienced a net outflow of $635.6 million, while spot Ethereum ETFs saw a total net outflow of $110.6 million.

Yesterday, spot Bitcoin ETFs experienced a net outflow of $635.6 million, while spot Ethereum ETFs saw a total net outflow of $110.6 million.