[Dec 29, 2023 10:30 AM] The Pancakeswap community has sanctioned a governance vote to eliminate 300 million CAKE tokens from the crypto asset’s total supply. Records indicate that a substantial 97.88% of community votes supported the reduction of 300 million CAKE…
[Dec 29, 2023 6:30 AM] The decentralized finance platform Levana Protocol confirmed on Dec. 27 that unknown attackers had drained approximately $1.14 million from the liquidity pool. The Levana team however insisted that the issue has “been fixed and opening…
[Dec 29, 2023 6:30 AM] Several reports that have recently surfaced have revealed the extent of losses that crypto platforms and users faced during 2023 as a product of exploits and hacks. TRM Labs’ latest report states that the number ascended to $1.7 billion…
[Dec 28, 2023 1:00 PM] Another year, another Crypto Christmas special for our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to reveal what the next months could bring for crypto and DeFi investors. Related Reading: A Crypto Christmas…
[Dec 28, 2023 12:30 PM] Statistics reveal that the Ethereum layer two (L2) platform Blast now secures over $1 billion within its protocol. The total value locked (TVL) in Blast has expanded more than twelvefold since its launch in late November. Blast’s TVL Hits $1…
[Dec 28, 2023 11:00 AM] Amidst PancakeSwap’s proposal to burn 300 million CAKE and reduce the total supply from 750 million to 450 million CAKE, on-chain data indicates that a whale has been moving a significant amount of CAKE, the decentralized exchange’s…
[Dec 28, 2023 2:52 AM] More than 99.95% of the community, representing 70,000 votes from CAKE holders, favored the proposal shortly after it went live.
[Dec 28, 2023 2:30 AM] The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The CEO added his organization is in the process of creating a voluntary database that is expected to…
[Dec 27, 2023 12:30 PM] Recent statistics reveal that in the last week, decentralized exchange (dex) platforms built on Solana have surpassed Ethereum in market performance. Data indicates that Solana-based dex platforms achieved a volume of $1.447 billion in the past…
[Dec 27, 2023 6:51 AM] The figure is roughly half the estimated $4.2 billion of 2022, a year that also included $40 billion lost through the collapse of Terra, Celsius and FTX.
[Dec 27, 2023 6:30 AM] The International Organization of Securities Commissions (IOSCO) has urged regulators seeking to understand decentralized finance (defi) arrangements to identify individuals who “exercise control or sufficient influence at the enterprise…
[Dec 26, 2023 9:30 AM] On April 3, 2022, decentralized finance (defi) protocols held approximately $163 billion total value locked (TVL). By the start of January 2023, this amount declined to $38.30 billion. Concurrently, in April 2022, the leading defi tokens by market…
[Dec 26, 2023 5:30 AM] The Harmony blockchain fell victim to one of the most infamous hacks in decentralized finance (DeFi) history and the fallout from that attack in 2022 saw the ONE price tank tremendously, losing over 98% of its all-time high value. However, one year…
[Dec 21, 2023 4:30 PM] In a recent post on X, Sassal, an independent Ethereum educator, is doubling down on Ethereum (ETH). The angel investor said that based on current market sentiment, there are signals that the “death of ETH” narrative is losing steam…
[Dec 20, 2023 3:00 PM] According to Lookonchain data on December 20, whales are actively accumulating Chainlink (LINK) and Polygon (MATIC) and moving them from Binance, one of the world’s largest cryptocurrency exchanges by trading volume. Citing on-chain…
[Dec 20, 2023 10:45 AM] With TradFi moving in, the crypto industry is finally taking its place as the future of finance, says Kelly Ye, at Decentral Park Capital.
[Dec 20, 2023 10:33 AM] Solana has overtaken XRP as the fifth-largest cryptocurrency, with its market cap hitting a 20-month high of $33.7 billion, according to CoinMarketCap.
[Dec 20, 2023 5:30 AM] As 2024 approaches, crypto analytics firm Nansen offers insightful predictions for the crypto sector, anticipating significant developments and shifts. Despite cautious optimism, they acknowledge a 10-20% chance of inflation resurgence after the US…
[Dec 20, 2023 4:16 AM] Organizing as DAOs doesn't mean freedom from regulatory responsibilities, the International Organization of Securities Commissions says.
[Dec 18, 2023 12:41 PM] Hegic recently scored a windfall buy buying WHITE tokens ahead of big news. The trade might cross the line, according to experts.
[Dec 18, 2023 1:31 AM] The sealed and unopened phone boxes contain an airdrop of 30 million bonk (BONK) tokens, which has seemingly revived dismal Saga sales.
[Dec 14, 2023 7:00 PM] Thor Hartvigsen, a data-driven decentralized finance (DeFi) researcher, is questioning the appeal of Injective Protocol, a layer-1 platform whose creators say is designed to expressly power finance. As of December 2023, INJ, the native currency of…
[Dec 14, 2023 6:48 AM] Decentralized finance (DeFi) protocol Sushi has reportedly been hit by a front-end exploit, with the company's CTO issuing a warning about an industry-wide exploit related to a "commonly used" web3 connector.
[Dec 14, 2023 2:18 AM] The total value locked (TVL) of all Cardano-based tokens jumped to over $440 million late earlier this week, crossing a previous peak of $330 million set in April.
[Dec 13, 2023 1:56 PM] Vitalik Buterin, a member of the Ethereum Foundation's executive board, once pushed "layer-2" networks as a way to provide faster and cheaper transactions. Now he's got ideas for "enshrining" some of those functions on the main chain.
[Dec 13, 2023 9:30 AM] Numerous reports reveal that a security breach at Okx’s decentralized exchange (dex) platform resulted in financial damages estimated at $2.7 million, as confirmed by the onchain intelligence firm Arkham. Crypto Platform Okx Dex Hit by $2.7…
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