Ethereum’s Total Value Locked dropped nearly 11% in 24 hours while Bitcoin, Tron and BSC were not as badly affected. The fallout from the $293 million KelpDAO exploit over the weekend has spread across […]
Total value locked on decentralized lending protocol Aave dropped by nearly $8 billion over the weekend after hackers behind the $293 million Kelp DAO exploit borrowed funds on Aave, leaving roughly $195 million in “bad […]
Stablecoins behave like a fragmented foreign exchange market, where liquidity is spread across blockchains and pools, creating price differences and uneven access to dollar liquidity. Moving stablecoins looks simple on the surface. But under the […]
Foundation, one of the better-known Ethereum-based non-fungible token (NFT) marketplaces of the 2021 boom, is shutting down after the sale that was supposed to keep it operating fell apart. Kayvon Tehranian, Foundation’s founder and CEO, […]
Circle Internet Group is facing a class action lawsuit led by a Drift Protocol investor claiming it failed to freeze funds stolen in a $280 million exploit of the protocol on April 1. The lawsuit […]
Ether looks poised to gain a price advantage over BTC as the ETH/BTC ratio soars to a 10-week high. The ETH/BTC ratio has climbed to a 10-week high, suggesting that Ether (ETH) is gaining momentum […]
The decentralized exchange aggregator said users should refrain from visiting its website after a frontend exploit. Decentralized exchange aggregator CoW Swap is calling on users to refrain from using its website after an unknown party […]
Key takeaways: Despite strong ETF inflows, Bitcoin remains tied to the S&P 500 and sensitive to global macroeconomic developments. Bitcoin futures premiums and miner selling suggest that the bear market persists despite Bitcoin trading above […]
Justin Sun, the founder of the Tron layer-1 blockchain network, criticized World Liberty Financial (WLFI), a decentralized finance platform co-founded by US President Donald Trump’s sons, over lengthy lock-up periods for the platform’s governance token. […]
Aethir, a decentralized GPU cloud infrastructure designed for artificial intelligence, confirmed an attack on its bridge contracts and said it halted the exploit. The platform said Friday that it had detected and contained an attack […]
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