In the ever-evolving world of decentralized finance (DeFi), events like hacks can shake user confidence. Recently, the Sui blockchain saw one such incident involving the Cetus decentralized exchange. However, there’s a significant development offering a path forward for affected users: Sui has expressed conditional support for a community vote proposed by Cetus to address the […]
In a surprising turn of events within the crypto legal landscape, a U.S. federal court has overturned key convictions against Avraham Eisenberg, the individual behind the significant Mango Markets incident. This development raises critical questions about how traditional legal frameworks apply to the decentralized world of DeFi. Understanding the Avraham Eisenberg & Mango Markets Incident […]
Heads up, crypto community! There’s been an important development regarding a popular platform you need to be aware of. The official X (formerly Twitter) account belonging to the Hyperliquid Foundation, specifically @HyperFND, has been compromised in a recent security incident. This is a critical alert for anyone interacting with or following Hyperliquid. Understanding the Hyperliquid […]
In a move that has captured the attention of the cryptocurrency community, Cetus Protocol, a prominent decentralized exchange operating on the Sui network, has extended a significant bounty offer to the individual responsible for a recent, massive crypto hack. This incident, which resulted in the loss of approximately $223 million, highlights the ongoing security challenges […]
The world of decentralized finance (DeFi) is constantly evolving, seeking new ways to bridge the gap between traditional finance and blockchain technology. A significant step in this direction is the integration of Real World Assets (RWA) into the crypto space. A major development on this front is the recent launch by Centrifuge, bringing a substantial […]
Big news for the crypto space! Sonic Labs, the team behind the exciting evolution from Fantom, has just announced a pivotal partnership. They’ve officially tapped GSR, a recognized leader in the digital asset market, to serve as the dedicated Crypto Market Maker for their native S Token. This move is set to inject crucial liquidity […]
Get ready, Solana enthusiasts! A significant expansion is coming to the ecosystem. Jupiter (JUP), already a powerhouse in Solana’s decentralized exchange (DEX) landscape, has announced a major new venture: **Jupiter Lend**. This move signals a deepening of Jupiter’s commitment to building out comprehensive DeFi services directly on the Solana blockchain. What is Jupiter Lend and […]
The world of decentralized finance (DeFi) often sees protocols exploring collaborations and mergers to expand their offerings and user base. One such potential deal involving the synthetic asset platform Synthetix recently made headlines, but not for completing. Instead, Synthetix has announced the cancellation of its planned acquisition of the crypto options platform Derive. Synthetix and […]
The world of decentralized finance (DeFi) on the Sui blockchain was recently shaken by a significant security incident. Reports indicate that the Sui-based decentralized exchange (DEX), Cetus Protocol, has been the target of a major cryptocurrency exploit, resulting in substantial losses. This event underscores the persistent security challenges faced by platforms in the rapidly evolving […]
Get ready for a significant development bridging the gap between decentralized finance (DeFi) and a massive traditional market! The Solana ecosystem is seeing a key launch this week with the introduction of the OnRe platform, poised to bring Solana reinsurance into the digital asset space. This isn’t just another token; it’s a move to tap […]
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