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01:45
The amount of HYPE staked on-chain has decreased by more than 3.15 million tokens since its price hit a new high, with the total staked amount dropping slightly.
BlockBeats News, on May 28, according to hyperscreener data, Hyperliquid token HYPE saw a decline in on-chain staking volume after reaching a historic high last week. Data shows that on the day HYPE hit its all-time high a week ago, the on-chain total staking volume reached 434.76 million tokens, with the official foundation staking 234.42 million, and non-foundation staking 200.34 million. As of now, HYPE's on-chain total staking volume has dropped to 431.61 million, with the official foundation staking 233.36 million, and non-foundation staking 198.25 million. Based on calculations, in the week after HYPE reached its all-time high, the on-chain total staking volume decreased by approximately 3.15 million tokens. Of which, the official foundation unstaked about 1.06 million, while non-foundation addresses unstaked about 2.09 million. According to one exchange's market data, HYPE is currently quoted at 58.2 USD, with a 24-hour decline of 3.36%. Market analysis suggests that after HYPE surged and set a new high, some holders chose to unstake their tokens to increase liquidity, possibly for profit-taking, participating in secondary market trading, or adopting new DeFi strategies. However, the overall staking scale remains above 430 million tokens, indicating a strong willingness for long-term holding.
01:45
The decentralized reinsurance protocol Re is about to conduct its TGE (Token Generation Event).
Foresight News reported that the decentralized reinsurance protocol Re announced on Twitter that its TGE is coming up, and the governance token will be named RE. Complete details about the TGE, including governance scope, participation requirements, and the tokenomics model, will be announced in a future official statement.
01:42
AkzoNobel, the parent company of Dulux Paint, has rejected cash acquisition offers from Nippon Paint and Sherwin-Williams.
Gelonghui, May 28|AkzoNobel, the parent company of Dulux Paints, has rejected the conditional non-binding cash acquisition offers of €73 per share made by Japanese peer Nippon Paint and U.S. Sherwin-Williams, which represent a premium of about 39% over the closing price on the 26th. AkzoNobel believes that the offer price does not fully reflect the company's value and long-term prospects, nor does it take into account the synergies resulting from a merger with Axalta. The company will continue to push forward its merger plan with Axalta; the two firms signed a merger agreement in November last year.
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