Gemini Proposes Recovery Plan, Angers Creditors
Gemini, the Winklevoss Twins crypto platform offering an exchange, custodian services, and – in partnership with Genesis – Earn services, has been in a bit of trouble ever since the…
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Venus Protocol’s Token Crashes Over 12% Amidst Exploit Claims
Venus Protocol, a prominent lending market on the BNB Chain, has denied allegations of a major security breach over the past weekend. These speculations initially suggested a $54 billion exploit,…
Starknet Foundation Unveils Plan to Allocate 1.8 Billion STRK Tokens for Network Growth
The Starknet Foundation – the organization behind the Ethereum Layer 2 network Starknet – announced plans to allocate over 1.8 billion STRK tokens across multiple initiatives soon. The move is…
Ethereum Experiences a Massive Surge in Gas Fees: Here’s Why
Ethereum median gas price has surged to 55.3 Gwei this month, almost doubling in a month and reaching its highest point since mid-May this year. Ethereum is trading at 2,230,…
What is composability in DeFi?
Composability in DeFi refers to the ability of various protocols and smart contracts to seamlessly connect and interact, akin to building blocks.
Tiger Global Cuts Stakes on Bored Ape Yacht Club and OpenSea Holdings
The investment firm Tiger Global has reportedly reduced the valuation of its holdings in Bored Ape Yacht Club and OpenSea. Per a Bloomberg report, the company marked down the value…
Velodrome and Aerodrome DEXs Face Frontend Attacks
Velodrome, the second-largest DEX on the Optimism network, and its fork, Aerodrome, the leading DEX on Base, have reported a compromise in their respective frontend systems. Following the incident, both…
Why is Solana (SOL) price up this week?
Increased activity in Solana’s NFT markets and decentralized applications are pushing SOL price back toward year-to-date highs.
Ethereum price falls as regulatory worries and pause in DApp use impact investor sentiment
Ether price struggles amid regulatory concerns and a drop in DApp usage.
KyberSwap Retrieves $4.7 Million After Negotiations With Bot Operators
Decentralized exchange protocol KyberSwap announced that it had recovered $4.67 million in funds after a recent security attack that resulted in a staggering loss of nearly $50 million from its…
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