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Hacker Behind $320 Million Wormhole Bridge Exploit Initially Eligible for $50,000 Airdrop
4.4.2024
The hacker responsible for the notorious $320 million Wormhole bridge exploit in 2022 was initially eligible for the recent W airdrop.
The post Hacker Behind $320 Million Wormhole Bridge Exploit Initially Eligible for $50,000 Airdrop appeared first on Cryptonews
Next Big Thing in Crypto? Why Everyone’s Racing to Get This Unlisted Web3 VR Token
3.4.2024
Web3 token 5SCAPE is well on track to achieving its target of raising an eye watering $15 million in an ongoing presale. The ICO is only on round 3 of a dozen so far and has already raised $3,674,797, a hefty 24.5% of the target. 5SCAPE has a leg over all the competition, because it’s...
Paradigm Targets Over $750 Million in Upcoming Fundraising Effort
3.4.2024
Crypto venture capital firm Paradigm is reportedly in discussions to gather between $750 million and $850 million for a new fund dedicated to crypto investments.
The post Paradigm Targets Over $750 Million in Upcoming Fundraising Effort appeared first on Cryptonews
Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time
3.4.2024
Cathie Wood's ARK 21 Shares Bitcoin ETF has recorded daily outflows of over $87 million, marking the first time it witnessed larger daily outflows than Grayscale's Bitcoin Trust (GBTC).
The post Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time...
10,000x ROI for investors: BlockDAG presale bull run swells past $12 million amid SEI’s bullish price outlook & Aave TVL surge
3.4.2024
In the current volatile cryptocurrency market, SEI token, Aave, and BlockDAG (BDAG) emerge as leaders, each driving innovation to fuel the ongoing bull run. SEI’s resilience in the face of market fluctuations, Aave’s impressive Total Value Locked (TVL) surge fueled by the Merit reward...
Bonk Price Prediction as $150 Million Trading Volume Floods In – 10x Possible From Here?
3.4.2024
With a $150 million trading surge, Bonk's price prediction stirs market excitement, hinting at a possible tenfold increase from its current $0.000023 valuation.
The post Bonk Price Prediction as $150 Million Trading Volume Floods In – 10x Possible From Here? appeared first on Cryptonews
Nick Van Eck’s Agora Stablecoin Raises $12 Million in Seed Funding Led by Dragonfly
3.4.2024
Agora, co-founded by Nick Van Eck, garners $12 million in funding to introduce a stablecoin targeting international markets, while bypassing U.S. users until federal legislation evolves.
The post Nick Van Eck’s Agora Stablecoin Raises $12 Million in Seed Funding Led by Dragonfly appeared...
Data Ownership Protocol Raises $162M in Token Sale
3.4.2024
Data Ownership Protocol announced it has raised $162 million in a token sale ahead of upcoming mainnet launch.
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Solana Meme Coin Smog Rallies 110,000 Holders And 7.5 Million Completed Zealy Quests Ahead of $1M Airdrop and CEX Listing
2.4.2024
Hot Solana meme coin Smog has amassed a staggering 110,000 holders ahead of the conclusion of the first round of its airdrop worth a gigantic $1 million.
The post Solana Meme Coin Smog Rallies 110,000 Holders And 7.5 Million Completed Zealy Quests Ahead of $1M Airdrop and CEX Listing appeared first...
As ‘SNAPCAT’ Goes Viral on Solana and This Dogecoin Rival Just Secured $10 Million in Funding
2.4.2024
Bitcoin kicked off April with a tumble, yet Solana meme coin markets remain supercharged. In the latest development, SNAPCAT price has exploded after going viral, but retail investors are already shifting their attention to the next big launch. This article will analyze SNAPCAT’s current...
MakerDAO could allocate $600 million worth DAI to USDe and sUSDe
2.4.2024
MakerDAO is considering allocating DAI to a value of $600 million. The allocation will be to USDe and sUSDe via Morpho Labs. The allocation could go as high as $1 billion worth of DAI tokens. The objective is to enhance the TVL growth of Ethena Labs. Notably, the proposal is under consideration...
Digital Asset Products See $862M in Inflows, Nearly Erasing Previous Week’s Outflows
2.4.2024
Digital asset investment products experienced a positive turnaround in sentiment as inflows reached a total of $862 million last week, almost fully recovering from the record outflows of $931 million in the prior week.
The post Digital Asset Products See $862M in Inflows, Nearly Erasing Previous...
Andreessen Horowitz (a16z) Allocates $30M Funding for Gaming Startups
2.4.2024
Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) founded by Marc Andreessen and Ben Horowitz is investing $30 million in gaming startups in the next 45 days.
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MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe
2.4.2024
MakerDAO evaluates a proposal to allocate $600 million of its DAI stablecoin into Ethena Labs' USDe and staked counterpart sUSDe to enhance liquidity and financial resilience.
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Exploring Pendle’s rise, Solana swaps, and BlockDAG’s $2 million giveaway gaining investors’ attention
2.4.2024
Several significant crypto trends have been experienced recently, capturing investors’ attention worldwide. This article takes a cursory look into the recent surge in PENDLE’s price, the optimization of Solana swaps by Jupiter Exchange, and the impactful initiatives undertaken...
$336.3 Million In Crypto Funds Stolen In Q1, $98.8 Million Recovered from March Hacks: PeckShield
1.4.2024
According to PeckShield's data, approximately $100 million in stolen digital assets from hacking incidents in March have been successfully recovered.
The post $336.3 Million In Crypto Funds Stolen In Q1, $98.8 Million Recovered from March Hacks: PeckShield appeared first on Cryptonews
Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours
1.4.2024
Degen Chain commenced operations just four days ago, has seen over 272,000 unique transactions, and has witnessed the creation of over 7,500 contracts and 2,300 tokens since its launch.
The post Degen Chain, Layer-3 Blockchain on Base Network, Sees $100 Million Transaction Volume in 24 Hours...
Defi Platforms Lose More Than $336 Million in Digital Funds in Q1 of 2024, Study Finds
1.4.2024
In the first quarter of 2024, more than $336 million in digital assets were stolen from decentralized finance platforms across 61 incidents of hacking and fraud. During this period, criminals made off with digital assets valued at $144.48 million in two major hacking incidents. In contrast...
Prisma Finance Works Toward Exploit Recovery, $540K Vulnerable
1.4.2024
Prisma Finance addresses the recent security breach of $11.6 million with a recovery strategy and measures aimed at protecting $540,000 in user funds still vulnerable.
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Families Worth up to $100 Million Prefer Algorithmic Cryptocurrencies to Tokens — Study
31.3.2024
Families with a net worth of up to $100 million exhibit a strong preference for algorithmic cryptocurrencies over tokens (4.32% versus 0.92%), a new study has found. The study cites statistics indicating that ownership continuity is disrupted in 91% of cases involving a transition from crypto...