Kelp DAO Fallout Pushes Solv, DeFi Protocols Toward Chainlink
Decentralized finance protocols are reevaluating their blockchain oracle providers’ security after the fallout from the $293 million Kelp DAO exploit...
Ethereum
Zcash Price Soars as Traders Rotate Into Privacy-Focused Crypto
Privacy-focused cryptocurrency Zcash (ZEC) has spiked by more than 70% over the past week as crypto traders have been paying...
Vitalik Buterin Calls Consortium Blockchains a Failure and Backs Cryptographic Server Upgrades
TLDR: Buterin declared consortium blockchains a failure at Arbitrum Day on July 20, 2024, citing cartel-like structures. He proposed adding...
Bitcoin eyes $83K as Trump pauses Strait of Hormuz military operation, Iran signals cooperation
Bitcoin climbed past $82,800 this morning as signs of de-escalation between the US and Iran boosted risk appetite, putting the...
Ethereum Whales Accumulate Aggressively as ETH Price Rises to $2.4K
Ethereum accumulation addresses witnessed a surge in daily inflows on Wednesday, suggesting growing confidence in Ether’s (ETH) long-term price trajectory...
Tom Lee Declares Crypto Spring as Bitmine Buys $238M ETH
TLDR Bitmine purchased 101,745 ETH worth about $238 million and increased its total holdings to over 5.18 million ETH. The...
Microsoft-backed Space and Time Launches Virtual Vaults for Institutional Lending
Space and Time (SXT), a level-1 data blockchain that secures onchain finance projects, has launched a virtual vault platform that...
Ethereum Reclaims Key Level, But Can ETH Price Break $2.8K?
Ether's (ETH) surge to $2,390 on Monday pushed its value above its realized price, implying that the average holder of...
GameStop Proposes $55B eBay Takeover Deal
GameStop proposed an unsolicited, non-binding $55.5 billion acquisition of eBay in a cash-and-stock deal, as the video game retailer looks...
Ethereum Gas Limit to Triple After Glamsterdam Upgrade, Fees Could Stay Near Zero for Years
TLDR: Ethereum’s gas limit will increase from 60 million to 200 million following the Glamsterdam upgrade. L1 execution capacity will...
Nexo expands 0% credit to SOL, XRP, becoming first mover in crypto
Nexo adds SOL, XRP to its 0% APR crypto-backed credit product. ZiC lets users borrow at 0% interest with no...
SBI Group, Visa Launch Crypto Card With up to 10% BTC, ETH, XRP Promo Rewards
Key Takeaways: SBI and Visa launched credit cards that convert spending points into a user-selected cryptocurrency ( BTC, ETH, or...
Ethereum Foundation Offloads $23M in ETH to BitMine for Third Time in Two Months
The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH...
Bitmine Stakes $508M ETH in One Day, Now Controls 10.5% of Ethereum’s Total Staked Supply
TLDR: Bitmine staked $508.4M worth of ETH in a single day through six large transfers via Coinbase Prime. The firm...
DeFi’s Lose-Lose Problem on Freezing Stolen Funds
Decentralized finance (DeFi) protocols are stepping in to freeze stolen funds while centralized issuers face criticism for holding back.A recent...
Ondo price forecast: bulls target multi-month resistance at $0.30
Ondo price hovers around $0.26 after bouncing off crucial support. Ondo leads tokenized stocks, ETFs with over $825M TVL peak....
Crypto Hacks Hit $630M In April as DeFi Dominates Losses
The cryptocurrency industry has seen a sharp spike in hacks in April, with losses topping $600 million in the worst...
Coinbase Introduces CUSHY Strategy to Bring Institutional Credit Onchain
Key Takeaways: Coinbase Asset Management launched CUSHY to expand tokenized credit access for qualified investors. Institutions can access tokenized shares...
These Data Points Suggest Ether Price Could Soon Rally to $3K
Ether (ETH) has rebounded more than 25% from its February low below $1,800, and a mix of technical and onchain...
ZetaChain Dismissed Bug Report That Could Have Prevented $334K Exploit
The vulnerability that led to ZetaChain’s recent exploit had been flagged through its bug bounty program before the attack, but...
LayerZero Pledges 10,000 ETH to DeFi United as Industry Rallies Behind Kelp DAO Recovery
TLDR: LayerZero Labs is donating 5,000 ETH and depositing another 5,000 ETH into Aave to strengthen market liquidity. The $292M...
DeFi Exploits Push Builders to Rethink Emergency Controls
Andre Cronje says much of decentralized finance is “no longer DeFi” in the strict sense, as builders debate whether circuit...
