Exciting news for the decentralized finance (DeFi) space! Falcon Finance, a prominent stablecoin issuer backed by the investment powerhouse DWF Labs, has just announced a strategic addition to its platform. In a move that’s generating buzz across the crypto community, Falcon Finance is now accepting USD1 stablecoin as a collateral asset. But what does this […]
In a bold move that has the crypto community buzzing, Mantra DAO, the innovative Layer-1 blockchain, has just executed a massive token burn. A staggering 18.4 million OM tokens, valued at an impressive $119 million, have been permanently removed from circulation. This strategic maneuver, confirmed by Arkham data and reported by Odaily, took place around […]
In a noteworthy development within the decentralized finance (DeFi) space, Michael Egorov, the founder of Curve (CRV), has once again demonstrated his long-term commitment to the protocol. Egorov recently announced the renewal of his veCRV lockup period for another four years, signaling a strong belief in the future of Curve DAO and its ecosystem. This […]
Exciting news is brewing in the crypto world! The USD1 stablecoin, a digital currency backed by World Liberty Financial (WLFI) and linked to the Trump family, has just achieved a remarkable feat. The circulating supply of USD1 has exploded past a staggering 100 million tokens on the BNB Smart Chain (BSC). This monumental surge signals […]
In the volatile world of cryptocurrency, stablecoins are often seen as anchors of stability, designed to maintain a steady value, usually pegged to the US dollar. However, recently, sUSD, a stablecoin within the Synthetix ecosystem, experienced a significant depeg, causing concern and discussion within the DeFi community. A new, insightful report from Parsec, a renowned […]
In the fast-paced world of cryptocurrency, strategic moves during market dips can often signal significant shifts in investor sentiment and market dynamics. Recently, a newly emerged crypto wallet executed a noteworthy maneuver, leveraging borrowed funds to accumulate a substantial amount of Ethereum (ETH) amidst a price decline. This bold move has sparked discussions across the […]
Hold onto your crypto wallets! A chilling development has emerged from the decentralized finance (DeFi) space. In a move that has sent ripples through the crypto community, an address linked to the recent Zoth infrastructure breach has been tracked converting a substantial sum of Ethereum into Bitcoin and Litecoin. Let’s dive into the details of […]
In a stunning victory for the cryptocurrency industry, former U.S. President Donald Trump has signed a resolution that effectively nullifies a contentious Internal Revenue Service (IRS) rule concerning crypto broker reporting. This landmark decision, championed by crypto advocates, marks a significant shift in the regulatory landscape for digital assets. Are you ready to understand how […]
In a startling turn of events in the crypto world, a sophisticated MEV (Maximal Extractable Value) bot, ironically named “Yoink,” has successfully executed a heist, making off with approximately 119 ETH, equivalent to a staggering $200,000. This audacious act targeted Wayfinder’s PROMPT token airdrop, exposing a critical vulnerability in the distribution process. The incident, first […]
Exciting news for the crypto world! Hold onto your digital hats because a potential groundbreaking shift in U.S. crypto regulation is on the horizon. Sources close to Crypto In America’s Eleanor Terrett are reporting that former President Donald Trump is anticipated to imminently sign a joint congressional resolution. This resolution is no ordinary piece of […]
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