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Crypto hacks soar to $19B in 13 years: Crystal Intelligence
12.6.2024
Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud
DeFi Technologies launches Core chain validator, stakes 1,498 Bitcoin
11.6.2024
In May, the partners launched the first yield-bearing BTC ETP in Scandinavia
ZKsync announces airdrop of 3.67B $ZK token to 695k wallets next week
11.6.2024
ZKsync has announced plans to deliver a generous gift to its loyal community members. According to an announcement on ZKNation, starting June 17th, an unrestricted airdrop of 17.5% of the total token supply, i.e., 3,675,000,000 tokens, will be distributed as a show of gratitude. While this sizable...
PancakeSwap integrates Zyfi for gas-free DeFi trading
11.6.2024
The simplified trading experience could help PancakeSwap attract a larger market share from centralized exchanges
OP Mainnet boosts decentralization with new ‘Fault Proofs’
11.6.2024
OP -3.29% Labs has taken a giant leap in the world of Layer 2 Blockchain technology to implement fault proofs on their OP Mainnet. This achievement brings the platform to “stage 1 rollup” status, which points towards decentralization. This milestone is necessary for the network because it builds...
DeFi project Hydration will receive $14.4M from Polkadot Treasury
11.6.2024
Polkadot Treasury has allocated 2 million DOT tokens. They were worth approximately $14.4 million. The DeFi project Hydration has benefited from the allocation, which aims to improve liquidity and efficiency. Omnipool is a liquidity provisioning platform that operates on a single-sided basis....
DeFi Technologies adopts Bitcoin treasury strategy
10.6.2024
The publicly listed Canadian company announced the purchase of 110 BTC and repayment of $5 million in debt by its subsidiary, Valour
Rise of Crypto Loans: A dramatic and unprecedented event
10.6.2024
The Aave V3 protocol is approaching $6 billion in loans, and it is a clear indication of the maturity of decentralized finance strategies. The rapid growth of crypto loans is well-documented, as evidenced by their vast quantity. According to the latest industry reports, onchain borrowings exceeded...
Onchain Alerts Uncover $19 Million Siphoned From Defi Protocol Uwu Lend
10.6.2024
On June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending protocol. Over $19M Drained From Uwu Lend The defi...
Defi Protocol UwU Lend Suffers $19.3M Exploit: Arkham
10.6.2024
Lending and liquidity protocol Uwu Lend has suffered an exploit worth $19.3 million, according to several blockchain security firms
UwU Lend hit by $20 million crypto hack
10.6.2024
The ongoing exploit has already netted the attacker nearly $20 million in digital assets
Allegations of ‘Rug Pull’ Arise After Gemholic Team Withdraws $3.5M in Previously Locked ETH
8.6.2024
On June 7, the team behind the Zksync project Gemholic withdrew 921 previously locked ethereum tokens in a suspected rug-pulling incident. The Gemholic team executed the theft despite reportedly completing the blockchain security firm Solidproof’s Know Your Customer (KYC) process....
Ethereum governance, and the downfall of celeb tokens: Finance Redefined
7.6.2024
The rise and fall of celebrity meme tokens: how these celebrity-backed tokens have dumped in the current bull market
DeFi TVL reaches $192B for first time in 15 months — DappRadar
7.6.2024
The value of crypto locked in DeFi increased by 17% due to ETH appreciation and a rise in trading activity
Radix will be the part of the idOS consortium
7.6.2024
Radix is becoming a member of the idOS Consortium, a decentralized identity network that is specifically designed to store and manage access to decentralized identities. Currently, it is catering to a large number of authenticated users. It was created with the assistance of a variety of framework...
Fireblocks now offer Core, expanding institutional BTCFi access
7.6.2024
Core, a layer-one blockchain powered by Bitcoin that is compatible with EVM-compatible smart contracts, is now accessible on Fireblocks. The Core is tasked with bringing Bitcoin finance to life through a unique Bitcoin staking protocol. It is delightful to note that the very first yield-bearing...
Deciphering Pendle Finance’s surge and the pop up of Notcoin
6.6.2024
Pendle Finance and Notcoin recently experienced roughly 58.6% and 400% price growth, respectively and are thus among the recent top performers
Perpetual futures on Telegram: Storm Trade joins Cointelegraph Accelerator
6.6.2024
Storm Trade, a DEX that enables users to trade perpetual futures across various assets, joins the Cointelegraph Accelerator program
Solana surges amid memecoin activity and DeFi
6.6.2024
Solana ($SOL) was seen marking an uptick of 5% amid a rise in trading activities. It pertains to an increase in interest in meme coins. The scenario affects Solana because it demonstrates its ability to handle a larger number of transactions with scalability. Other factors that have contributed...
Misyon Bank launches an Avalanche-based asset tokenization platform
6.6.2024
Turkey-based Misyon Bank, an investment bank and one of Turkey’s first neobanks, has recently launched a platform that enables the tokenization of real-world assets on the Avalanche blockchain network. Misyon Bank announced this on June 5, describing it as a comprehensive platform that enables...