Auto Added by WPeMatico

BNB Was the Top Ten’s Best Market Performer in Q2, Bitcoin Takes Second Place — Solana Performed the Worst

With the first half of the year gone, statistics from the second quarter of 2022 indicate that the crypto economy has tumbled significantly in value, and crypto tokens in the…

Continue ReadingBNB Was the Top Ten’s Best Market Performer in Q2, Bitcoin Takes Second Place — Solana Performed the Worst

70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months

During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on…

Continue Reading70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months

New Lawsuit Claims Solana Is Unregistered Security — ‘Investors Have Suffered Enormous Losses’

A class-action lawsuit has been filed claiming that cryptocurrency solana (SOL) is an unregistered security under the Howey test. “The specific facts and circumstances relating to SOL securities support the…

Continue ReadingNew Lawsuit Claims Solana Is Unregistered Security — ‘Investors Have Suffered Enormous Losses’

Crema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL

Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto…

Continue ReadingCrema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL

Exploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen

According to the decentralized finance (defi) protocol Crema Finance, the application was hacked on July 2, 2022. A Twitter account called “Solanafm” says the defi protocol lost around $8.7 million…

Continue ReadingExploit Forces Crema Finance to Temporarily Suspend Services, $8.7 Million Stolen