2022 has been a lucrative year for hackers preying on the nascent Web3 and decentralized finance (DeFi) spaces, with more than $2 billion worth of cryptocurrency fleeced in several high-profile hacks to date. Cross-chain protocols have been particularly hard hit, with Axie Infinity’s $650 million Ronin Bridge hack accounting for a significant portion of stolen …
Continue reading “Cross-chains in the crosshairs: Hacks call for better defense mechanisms”
Ether’s (ETH) impressive 85% gain in the past 30 days has surprised even the most bullish investors, and it makes the $800 range seen in mid-July seem like ages ago. Bulls now hope to turn $1,900 to support, but derivatives metrics tell a completely different story, and the data suggests that professional traders remain highly …
Continue reading “Is it foolish to expect a massive Ethereum price surge pre- and post-Merge?”
Solana released its first-ever, “Validator Health Report” which revealed information on its network operators. According to the report the network has over 1,900 block-producing nodes with nearly 1,688 (88.14%) of those run by independent entities. Solana says the health and strength of its validators is critical to the long-term health of the ecosystem. Previously, the …
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Headlines about rising prices are everywhere these days. Experts disagree about who’s to blame, but everyone agrees that inflation is here – and it’s shrinking your paycheck. Inflation hits record 8.6% for 19 countries using the euro – PBS NewsHour Inflation goes global: It’s not just rising in the U.S. – but Europe, South Korea …
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Tamadoge, which is widely considered to be one of the most potentially lucrative Memecoins of this year, keeps gathering a sizable number of new users. Within the first 14 days of the first part of its pre-sale, Tamadoge was able to raise more than one million dollars. According to the project’s official Telegram channel, new …
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TL;DR According to a U.S judge, the stock trading platform Robinhood Markets Inc should face market manipulation claims. This lawsuit was one of many brought against the platform after it temporarily barred customers from purchasing stocks back in Jan 2021, such as GameStop and AMC. Robinhood prices surged in May after the CEO of FTX …
The Ethereum core developer team has discussed the tentative dates for the Merge to take place. The dates are not definitive; however, the devs have agreed that the Bellatrix update would land on September 6, and the Paris update would target September 15. The Merge is planned to take place before the end of September. …
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Celsius skyrockets 100% to $2.31 due to the interest shown by Ripple Labs Inc. Previously; the ruling stated that Celsius Network and its CEO, Alex Mashinsky, made serious misrepresentations and errors in the marketing of cryptocurrency interest accounts, specifically understating the risks of depositing digital assets. On Thursday, the CEL/USD opened the day at $2.20. …
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If you’re looking for a fun way to spend some free time, plenty of online casinos allow you to play casino games without downloading anything. All you need to do is register an account at one of these sites and start spinning the reels. You can use Bitcoins to fund your account or a credit …
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Ripple has shown strength despite the current crypto market winter affecting virtually all sectors of the industry. The company has indicated an interest in the assets of bankrupt lender Celsius, as it continues to look for M&A opportunities to scale the firm. Ripple Acquires About Celsius’s Assets The San Francisco-based firm is still battling a …
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The Polygon network is reporting a notable increase in the number of decentralized applications. The number of DApps on Polygon has reached 37,000 representing a 400% gain since the beginning of the year. Number of DApps on Polygon hit 37,000 The Polygon network shared the statistics of Polygon DApps on a blog post published on …
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The upcoming Vasil hard fork is expected to trigger gains for the network’s native token, ADA. The Vasil hard fork is expected to transform the Ethereum network by making it more scalable by improving its smart contract. A report by Messari has now alleged that Cardano is overpriced because of this upgrade. Messari says Cardano …
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Binance, the world’s largest exchange by trading volumes, has hinted that it might support the Ethereum proof-of-work fork. The controversial fork dubbed ETHPoW was proposed by an Ethereum miner who opposed the Ethereum Merge that will transition the network to a proof-of-stake (PoS) consensus. Binance might support the Ethereum PoW fork Binance announced that it …
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A popular crypto trader expects the government to crack down on the industry but not as quickly as some doomsayers believe. The pseudonymous crypto strategist Credible tells his 337,700 Twitter followers that he’s concerned by news that part of the Congressional Democrats’ new spending bill includes a provision for the IRS to receive $80 billion …
August 11, 2022 – Miami, Florida dPRIME Asset Modules Finance (‘DAM Finance’ or ‘DAM’), a protocol for creating purchasing power from cross-chain token portfolios, is pleased to share that it has received funding from the Arrington Capital Moonbeam Growth Fund. The investment in DAM Finance is the third major investment by the Arrington Capital Moonbeam …
