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Over $11 Million in Liquidity Drained From SafeMoon by Unknown Individual


An unknown individual drained over $11 million in liquidity from various pools associated with the controversial cryptocurrency project SafeMoon on Monday. The transaction triggered immediate speculation about a possible connection to SafeMoon’s ongoing bankruptcy proceedings. Blockchain...

Exclusive: Anza Co-Founder Responds to Solana Centralization Concerns


The Solana blockchain crew has moved some team members from one of its divisions to a new entity called Anza. Anza co-founder Jeff Washington, a former engineer at Solana Labs, announced this move on Tuesday, revealing the team’s focus on improving the performance of a Solana Labs validator...

dYdX Overtakes Uniswap as Daily Trading Volumes Hit $757 Million


Decentralized finance (DeFi) platform dYdX market has moved past Uniswap as the largest decentralized cryptocurrency exchange (DEX) by trading volumes. Recent data from crypto analytics firm Cointelegraph shows an increase in the trading volume of dYdX v4 over Uniswap’s v3 in the last 24 hours....

Indonesian Authorities Raid Ten Crypto Mining Facilities for Energy Theft


Source: AdobeStock / Photocreo Bednarek Indonesian authorities crack down on ten Bitcoin (BTC) mining sites for stealing energy from the national grid to power mining operations in the country. According to reports from local media outlets, the government moved in on ten crypto mining sites whose...

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