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Hedgey Finance Suffers Dual Exploits, Losing $44.7 Million in Funds
19.4.2024
Hedgey Finance exploits have rocked the DeFi platform, resulting in a $44.7 million loss. Hackers targeted the Token Claim Contract across Ethereum and Arbitrum networks, utilizing flash loans to drain funds. Explore the aftermath, ongoing investigations, and the platform's response to these...
Bitcoin Miners Remain Optimistic About Future Despite Anticipated Revenue Loss
18.4.2024
Although Bitcoin’s halving is expected to result in reduced block rewards for miners, several CEOs of bitcoin mining firms maintain a bullish outlook. In addition to investing in more efficient equipment, miners believe spot bitcoin exchange-traded funds (ETFs) will continue to drive up the value...
Study: Three-Quarters of Defi’s Total Value Locked Earn 5% APY in Low-Risk Contracts
17.4.2024
In the first quarter of 2024, approximately $43.8 billion, or 76% of the decentralized finance yield market, earned an annual percentage yield (APY) of about 5% in very low-risk contracts. Staking played a crucial role in the resurgence of decentralized finance, bolstered by the Ethereum network’s...
Dogecoin Price Prediction as Tweet By Billionaire Elon Musk Sends DOGE Volume Soaring – Is He Secretly Buying Again?
16.4.2024
DOGE has fallen by 6% in the past 24 hours, with the Dogecoin price dropping to $0.1559 as the cryptocurrency market as a whole suffers a 5% loss today.
The post Dogecoin Price Prediction as Tweet By Billionaire Elon Musk Sends DOGE Volume Soaring – Is He Secretly Buying Again? appeared first...
Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition
12.4.2024
Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023.
The post Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition appeared first on Cryptonews
Is Uniswap Going to Zero? UNI Price Drops 20% After SEC Scrutiny as This Other Coin Prepares for Exchange Launch
12.4.2024
The price of DeFi exchange Uniswap’s native token UNI is 15% lower than it was this time last week following yesterday’s news that the US SEC may launch a potential enforcement action against it for alleged securities law violations. UNI currently trades at $9.08, which makes for...
Terra Luna Classic as LUNC Plummets 30% in a Month – Is It Going to Zero?
12.4.2024
Terra Luna Classic has dropped by 1.5% in 24 hours, with its fall to $0.0001288 also representing a 4% loss in a week.
The post Terra Luna Classic as LUNC Plummets 30% in a Month – Is It Going to Zero? appeared first on Cryptonews
Australian Regulator Appeals Loss in Finder’s Crypto Product Verdict
10.4.2024
The Australian Securities and Investments Commission (ASIC) is appealing the Federal Court's dismissal of its case against Finder Wallet's crypto product, Finder Earn.
The post Australian Regulator Appeals Loss in Finder’s Crypto Product Verdict appeared first on Cryptonews
Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval
5.4.2024
Prisma Finance has unveiled a strategy to cautiously restart operations following a hack that resulted in a loss of $11.6 million and prompted a temporary pause of the platform on March 28.
The post Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval appeared first...
Solareum to Close Shop Following $500,000 Exploit
2.4.2024
Following the discovery of a vulnerability that led to the loss of more than 2,000 Solana (SOL) tokens from users' wallets, Solareum, a Telegram trading bot for Solana-based currencies, announced its closure on March 31.
The post Solareum to Close Shop Following $500,000 Exploit appeared first...
Ethereum Price Prediction as ETH Falls 10% in a Week – Here’s the Next Support to Watch
2.4.2024
The Ethereum price has suffered a 7% drop in the past 24 hours, with its current price of $3,283 also representing a 10% loss in a week.
The post Ethereum Price Prediction as ETH Falls 10% in a Week – Here’s the Next Support to Watch appeared first on Cryptonews
Solana Price Prediction as SOL Drops to $180 Level – Dip Buying Opportunity?
2.4.2024
SOL has dropped by 7.5% in the past 24 hours, with the Solana price sinking to $180 today as the wider crypto market suffers a 5% loss.
The post Solana Price Prediction as SOL Drops to $180 Level – Dip Buying Opportunity? appeared first on Cryptonews
Prisma Finance Suffers $11 Million Hack Involving FixedFloat Exchange
28.3.2024
Prisma Finance, a leading decentralized finance (DeFi) protocol, was the victim of a sophisticated hack involving FixedFloat, which resulted in a loss of $9 million.
The post Prisma Finance Suffers $11 Million Hack Involving FixedFloat Exchange appeared first on Cryptonews
Web3 Game Munchables Loses $62.5 Million to Exploit: ZachXBT
27.3.2024
Web 3 game platform Munchables on Ethereum's Layer 2 Blast network faces a $62.5 million ETH exploit, with ZachXBT tracking down the hefty loss.
The post Web3 Game Munchables Loses $62.5 Million to Exploit: ZachXBT appeared first on Cryptonews
Galaxy Digital Reports 2023 Net Income of $296M Following Year-Earlier $1B Loss
26.3.2024
The reversal marks a thawing of the crypto winter that occurred in 2023
Layerswap Recovers Domain After Hijack, Restores User Funds After $100,000 Loss
21.3.2024
Layerswap fell victim to a domain hijacking incident that resulted in a phishing scam that stole roughly $100,000 worth of crypto assets from around 50 users.
The post Layerswap Recovers Domain After Hijack, Restores User Funds After $100,000 Loss appeared first on Cryptonews
First Mover Americas: BTC's Drop Below $62K Is the Biggest Single-Day Loss Since FTX’s Collapse
20.3.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for March 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Registers Biggest Single-Day Loss Since FTX's Collapse
20.3.2024
Spot BTC ETFs witnessed record outflows on Tuesday, provisional data from Farside show
Binance-Backed Platform NFPrompt Hacked, User Funds Lost
15.3.2024
NFPrompt, a content generation platform incubated by Binance Labs, disclosed a crypto security breach resulting in the loss of user and platform funds.
The post Binance-Backed Platform NFPrompt Hacked, User Funds Lost appeared first on Cryptonews
Unizen Pledges Reimbursements After $2.1M Loss in Platform Breach
11.3.2024
Unizen has taken swift action in response to a recent security breach that resulted in the loss of approximately $2.1 million in user funds.
The post Unizen Pledges Reimbursements After $2.1M Loss in Platform Breach appeared first on Cryptonews