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Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence


After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....

Cryptocurrency Startup Sues Crypto.com Exchange After Falling Victim to Scam


Cryptocurrency startup Glow Token LLC filed a lawsuit in a US court against the Crypto.com exchange over a recent fraud, alleging negligence and breach of contract.   The lawsuit was filed on August 10, assigned to Judge Jose Martinez of the Florida Southern District Court, and last updated...

Shiba Inu drops first official update after Shibarium’s launch


The Shibarium mainnet launch was wildly successful, so much so that even Shiba Inu could not handle it. That is why Shiba Inu had to address the extreme traffic on the network by updating users on the situation. The first official update stated the Shibarium got millions of computing units...

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