Great news for the Sui community and users of the Cetus decentralized exchange (DEX)! After a challenging period following a significant hacking incident, Cetus has announced a major breakthrough in its recovery efforts. The substantial sum of $220 million in frozen funds, previously impacted by the exploit, has now been successfully transferred to a secure […]
The Sui ecosystem recently witnessed a crucial moment of decentralized decision-making. The Sui community has cast a definitive vote regarding the recovery of funds affected by a recent incident involving the Cetus protocol. This move highlights the power and responsibility inherent in Sui governance, demonstrating how a decentralized network can respond to challenges like security […]
The world of decentralized finance (DeFi) on the Sui blockchain has been shaken by a major security incident. Cetus DEX, a prominent decentralized exchange operating on Sui, has confirmed a significant exploit resulting in the loss of approximately $223 million. This event highlights the persistent security challenges faced by platforms in the rapidly evolving crypto […]
The cryptocurrency market is a rollercoaster, and few assets exemplify this better than Ethereum (ETH). Recent data shows a significant positive shift: a large percentage of **ETH holders** are now seeing green. This turnaround follows a period of notable price decline, marking a welcome **crypto market recovery** for many. Why Are So Many Ethereum Holders […]
Great news for former FTX EU users! A significant step towards reclaiming lost funds has just been announced. Backpack, the Solana-based crypto exchange that acquired FTX EU earlier this year, is now facilitating Euro withdrawals for eligible customers. Backpack Exchange Steps Up for FTX EU Users Following its acquisition of FTX EU in January, Backpack […]
The cryptocurrency world is buzzing! The Ethereum price has made a notable move, climbing back above the significant $2,400 level. This marks the first time Ether (ETH) has traded at this threshold since March 3, according to recent market data. ETH Price Breaks $2400: The Key Details Currently, the ETH price is hovering around $2,444 […]
The unpredictable nature of the cryptocurrency market means that even established projects can face significant challenges. The recent performance of the OM token, native to the Mantra OM ecosystem, was a stark reminder of this reality, experiencing a notable crash that impacted its community and stakeholders. Such events can shake confidence and raise questions about […]
In a significant development for the decentralized finance (DeFi) space, particularly within the Solana ecosystem, the Loopscale protocol has announced a positive step towards restitution following a recent security incident. The news centers around the ongoing efforts for Loopscale recovery, providing a glimmer of hope for users affected by the exploit. Understanding the Recent Loopscale […]
In the fast-paced world of cryptocurrency, where fortunes can be made and lost in the blink of an eye, security is paramount. When news of a potential hack targeting a major crypto exchange breaks, the community holds its breath. Recently, Bybit, a prominent player in the crypto exchange arena, faced such a challenge. But what […]
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