The “Most Secure” Smart Wallet on Loopring Had a $5 million hack
On Sunday, the Ethereum Layer 2 network Loopring announced a security compromise that cost $5 million in tokens. Hackers targeted the Loopring Official Guardian in particular, taking advantage of Smart…
The Floki Name Service is now available only on the BNB Chain Mainnet
Floki Name Service, an inventive, fully decentralized, adaptable domain name system, is now formally available only on the BNB Chain mainnet. By allowing users to generate unique.floki domain names, the…
Nearly $20 Million Platform Loss Is Caused by UwU Lend Exploit
A severe attack that targeted the UwU Lend protocol on Monday, June 10, resulted in the loss of about $20 million in an ongoing cryptocurrency exploit. UwU Lend Steal $20…
After a mid-April low, Privacy Coin XMR rises 37% in 30 days
The Volume of Monero Trades Doubles in a Day Monero (XMR), which saw a protracted fall and a notable bottom in mid-April, has since rebounded. For example, the price of…
In the midst of volatile market conditions, a trader reveals a list of five strong altcoins, including injective
On the social media platform X, pseudonymous cryptocurrency trader Altcoin Sherpa informs his 217,200 followers that, despite a generally range-bound market, layer-1 blockchain Toncoin (TON), layer-2 scaling solution Stacks (STX),…
The multisig protocol based on Solana Squads introduces a retail wallet app and raises $10 million, Fuses
The company behind Squads Labs, the primary developer of the multisig protocol Squads, which is built on Solana, has secured $10 million in a Series A fundraising round and released…
‘Crypto: The Game’ is acquired by Uniswap Labs prior to its third season
Uniswap Labs has acquired Crypto: The Game, an on-chain competition akin to Survivor, in anticipation of the release of the game’s upcoming season. Fortune Magazine said on Monday that Uniswap…
‘Fault proofs’ are implemented by OP Mainnet to reinforce rollup decentralization
In terms of decentralization, OP Labs has advanced the project to a stage 1 rollup with the publishing of fault proofs on the Layer 2 blockchain, OP Mainnet. Users can…
UK cryptocurrency ETN trading volumes are minimal, but 21Shares claims that retail access would be a “game changer”
Following its approval by the Financial Conduct Authority, the country’s financial regulator, and their May 28 launch on the London Stock Exchange, low trading volumes have been seen in UK…
South Korea’s Bitcoin Premium Is Rising, Mirroring High Local Demand
Bitcoin Premium in South Korea Rises After Recent Low After almost reaching 10% in mid-April, bitcoin’s (BTC) famed premium in South Korea just fell below 1%. According to recent research,…
Ethereum developers confirm the addition of EIP-7702 and PeerDAS to the Pectra update
Anthony Sassano, an Ethereum educator, has announced that Ethereum developers have verified a list of Ethereum Improvement Proposals (EIPs) to be added into the Pectra upgrade. The EIPs EIP-7702, EIP-7594…
Speculation is sparked by Beeple’s remark at Roaring Kitty amid the GameStop hysteria
Famous digital artist Beeple, who made history with a $69.3 million NFT sale, has sparked debate with his most recent piece of art, CURIOSITY KILLED THE CAT. The artwork, which…
Tune.FM and Jam Galaxy Optimize Music Production and Revenue
With its DePIN infrastructure, Jam Galaxy facilitates real-time, low-latency collaboration and offers AI capabilities for music production and fan interaction while Tuning.Compared to typical streaming services, FM pays musicians more…
Sandbox Secures $20M in Funding with a $1B Valuation Ceiling
Kingsway Capital and Animoca Brands co-led this $1 billion fundraising round, with True Global Ventures and LG Tech Ventures also participating. The convertible note gives investors the same rights as…
Bitcoin’s rebound to $71K would erase shorts of $1.38 billion
In the event that Bitcoin swiftly recovers from its current decline to its June 6 price of $71,000, short positions worth over $1 billion will be closed. The United States…
Suspected $3.5 million rug pull for ZkSync’s Gemholic project
The potential rug-pull incident involving the Gemholic project and the zkSync network has raised concerns within the cryptocurrency community. A number of people impacted by the purported Gemholic scam have…
Despite strong opposition, Arbitrum’s $237 million Catalyze Gaming proposal is approved
The Arbitrum ecosystem is about to welcome a $237 million initiative aimed at promoting gaming—or is it? An onchain proposal that permits the distribution of 225 million ARB tokens was…
DappRadar: DeFi Total Value Locked Soars to $192,000,000, Marking Best Performance in 15 Months
TVL, which stands for the total amount of money placed inside a protocol’s smart contracts, is frequently used to assess how well a cryptocurrency ecosystem is doing. The majority of…
Kaiko Analytics Says Binance Leads Coinbase and All Other Crypto Exchanges in This Metric
Exchanges with high liquidity provide better trading conditions, including less slippage and lower execution risk. We’ve chosen to create a liquidity score for this quarter’s exchange ranking using five indicators,…
Base Meme Coin BRETT Reachs a New Record High with a Market Cap of $1.9 Billion
Recently, BRETT accomplished a noteworthy milestone by hitting a new all-time high (ATH) of $0.1939. The meme coin has increased in value by around 445 percent in the last 30…