Hold onto your hats, crypto enthusiasts! Breaking reports are flooding in about a significant security incident impacting the on-chain contract platform KiloEx. Early data from Etherscan paints a grim picture: a staggering $7.4 million has been drained due to a suspected crypto security breach. This isn’t just pocket change; this is a substantial blow that […]
In the fast-paced and often turbulent world of cryptocurrency, trust and transparency are paramount. Recently, the Mantra project and its native OM token have faced market headwinds, sparking concerns among investors. Amidst swirling rumors and price fluctuations, Mantra CEO John Mullin has stepped forward to set the record straight. His message is clear: OM token […]
The crypto lending landscape has witnessed a dramatic shift. While the overall market has contracted significantly from its previous highs, a powerful force is emerging from the decentralized finance (DeFi) sector. Are you ready to understand how DeFi loans are defying market trends and what this means for the future of crypto finance? What’s Happening […]
In a stunning display of confidence in the leading cryptocurrency, Mechanism Capital co-founder Andrew Kang has significantly increased his wager on Bitcoin. According to blockchain analytics firm Arkham, Kang has doubled his long position, injecting another $100 million into Bitcoin on the decentralized exchange (DEX) Hyperliquid. This bold move brings his total exposure to a […]
Exciting news is breaking in the crypto space! Imagine a world where real-world assets seamlessly integrate with the decentralized finance (DeFi) ecosystem. Well, that future is becoming increasingly tangible, and Chronicle, the pioneering live blockchain oracle, is playing a pivotal role. This groundbreaking oracle solution has been selected to power the massive $1 billion SparkDAO […]
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 […]
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