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NFT & DEFI
Restaking Emerges as Ethereum’s Second Largest DeFi Sector: Report
A recent report by Coinbase Research uncovered that restaking has emerged as the second-largest sector in decentralized finance (DeFi) on Ethereum.
The study highlights EigenLayer’s restaking protocol as an important…
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DApp Activity Sees Surge Amid Bitcoin’s All-Time High in Q1 2024
Decentralized applications (dApps) saw a rise of 77% in activity in the first quarter of 2024 and a 7 million total daily active user wallet count.
This growth comes as Bitcoin hit an all-time high in Q1 2024, reaching…
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ZachXBT Exposes NFT Project Creator of Fabricating Hack to Buy DeGods and y00t
On April 3, 2024, ZachXBT revealed that Kyle raised alarm bells in his Discord server, claiming his wallets had fallen victim to a hack.
The prominent blockchain investigator’s findings instead strongly suggested a…
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DeFi Sector Grapples with $187M Losses But Recovery Efforts Net Nearly $99M
Amidst improved investor sentiment, blockchain security firm PeckShield’s report for March 2024 revealed a concerning surge in crypto hacks, with over 30 incidents causing approximately $187.29 million in losses.
Despite…
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Prisma Finance Hacker Claims ‘Whitehat Rescue’ After $11.6 Million Exploit
Prisma Finance’s hacker, who stole $11.6 million from the decentralized finance (DeFi) protocol, claims the exploit was a “whitehat rescue” and is enquiring who to contact to refund the funds, according to on-chain…
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Osmosis, dYdX, Synthetix Spearhead DeFi Development Surge, Uniswap Trails Behind
Amidst a broader market rebound, several DeFi-related projects appear to be bustling with development activity.
Topping the list is Cosmos-based decentralized exchange Osmosis, which experienced a notable surge in…
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Punk #7804 Sold for Over $16M in ETH
The once-hot NFTs witnessed a significant downturn during the crypto winter. But this sector again appears to have bounced back following the widespread rebound of digital assets.
One of nine Alien Punks was sold for…
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NodeMonkes Sees 53% Surge in Floor Price
NodeMonkes, Bitcoin’s premier NFT collection, has surged by over 50% in the past 24 hours, surpassing Bored Ape Yacht Club (BAYC) in market capitalization.
According to data from CoinGecko, NodeMonkes witnessed a 53.3%…
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Solana Sees Explosive Growth in DEX Trading Volume, Surpasses $2B Mark Multiple Times
Solana’s DeFi sector has experienced massive growth amid a market-wide rally. According to DeFiLlama’s data, the decentralized exchange trading volume on Solana from March 3 to March 6 surpassed $2 billion for four…
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WOOFi Reports $8.75 Million Loss, Offers 10% Bounty for Return
WOOFi, a decentralized finance platform, experienced an exploit on March 5th that targeted its swap feature on the Arbitrum network. The event resulted in a loss of approximately $8.75 million in crypto assets.
The…
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