AltSignals Blog

Polygon Labs CEO, Marc Boiron, calls for a shift in decentralized finance (DeFi) practices, suggesting sustainable treasury management, owned liquidity and transparent models as solutions to the ongoing liquidity crisis. He urges protocols to prioritize economic sustainability over quick returns, predicting a more stable DeFi environment with institutional involvement by 2023. Find out more about Polygon’s approach to sustainable DeFi and its potential impact on the ecosystem.

Pi Coin faces downward trends with investors shifting to Yeti Ouro, a prominent rising contender showing strong presale returns and a promising gaming platform. Yeti Ouro’s offering, Yeti Go, is a game-changing PVP game rewarding winners with YETIO tokens, creating buzzing conversations across social media platforms as it enters stage 4 of its presale.

Digital bank Revolut records a colossal profit of over £1 billion in 2024, majorly fueled by the surge in cryptocurrency trading. The fintech firm’s wealth revenue, which includes crypto, commodities, and savings products, noted an impressive 298% increase. With a customer base exceeding 50 million for the first time in 2024, and Bitcoin’s remarkable 120% price hike, Revolut has typified the lucrative potential of the crypto boom.

Bitcoin’s value took a significant leap, nearing the $100,000 mark after a 4-month falling wedge. The article discusses potential market impact and key price levels, examining the possibility of a rise to $107,000 and support levels at $85,000 and $76,000. It also touches on global economic factors impacting Bitcoin’s performance.

Bitcoin miner Riot Platforms secures a $100 million credit agreement with Coinbase, using bitcoin as collateral for expansion plans. The agreement provides Riot, holding over $1.8 billion in BTC, a credit line that enables operations and growth without issuing new shares. The loan will carry a variable yearly interest of at least 7.75% with a term of 364 days. The loaned funds will be used for strategic initiatives and corporate purposes, secured by Riot’s bitcoin reserves.

Riot Platforms secures a $100 million Bitcoin-backed credit facility from Coinbase, marking its first Bitcoin-backed loan. This arrangement is slated to support the company’s growth initiatives and general corporate operations. Riot owns the third-largest corporate Bitcoin treasury with roughly $1.8 billion in Bitcoin holdings. The credit line carries an annual interest rate of 9% and is scheduled for maturity in a year’s time, with a possibility of extending for another year.

Explore how the traditional balanced investment portfolio is being disrupted by current global market conditions, including geopolitical tensions and inflation. Learn about the declining performances of U.S. stocks and bonds and how alternative assets like gold and Bitcoin take center stage, serving as potential safe havens amidst the volatility.

Explore how Bitcoin is outperforming the Nasdaq 100 Composite, with the current BTC/Nasdaq ratio nearing a breakthrough. The article analyzes the performance divergence between Bitcoin and US tech stocks, with insights on Bitcoin’s market cycles, its comparison with mega-cap tech stocks, and Strategy’s performance as a Bitcoin proxy.

KiloEx, a decentralized perpetual exchange, sheds light on the $7 million exploit involving a critical smart contract vulnerability. The issue was rooted in the TrustedForwarder contract’s failure to override its execute method, making it permissionless, which enabled manipulation of trading positions. A detailed analysis by Cyvers Alerts helped identify suspicious cross-chain activities on Base, Taiko, and BNB Chain. Though stolen assets were systematically returned following negotiations, the incident has prompted KiloEx to tighten security measures.