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Solana Yield Protocol Carrot Shuts Down After Drift Exploit Drains $8M in TVL

Carrot, the Solana-based decentralized finance ( DeFi) yield protocol, announced its shutdown on Thursday, following direct losses tied to the April 1 exploit on Drift Protocol, which drained approximately $285…

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$14B Vanishes From DeFi Ecosystem After KelpDAO Exploit Rocks Lending Markets

Following the KelpDAO exploit that resulted in the loss of nearly $300 million, the decentralized finance ( DeFi) ecosystem has experienced a cascading wave of withdrawals, affecting not only Aave…

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Cartesi Founder: Optimistic Rollups Remain Crucial to Ethereum Scaling, Despite Fading Hype

Optimistic Rollups remain a crucial scaling solution for layer one blockchains, despite the recent hype around newer technologies. Industry experts, including Cartesi co-founder Felipe Argento, emphasize optimistic rollups’ continued dominance…

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Ethereum Still Holds the Lion’s Share of Defi TVL as Tron and Solana Rise

Currently, the total value locked (TVL) in decentralized finance (defi) stands at $82.2 billion, with Ethereum hosting a commanding 57.24% of that amount. Hot on its heels, Tron and Solana…

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Bitget and Nansen Study Highlights Community Impact on Token Price Predictions

Bitget and Nansen Research teams have released a comprehensive report detailing the significant role community engagement plays in predicting token prices. The collaborative study underscores the importance of combining onchain…

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