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NFT & DEFI
This Popular Altcoin Skyrockets by 70% Following Support From Coinbase: Details
TL;DR
One particular cryptocurrency witnessed a notable price rally following listing on Coinbase.
Such actions from leading crypto exchanges have positively impacted the value of many other digital assets in the past.…
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Filecoin’s Liquid Staking Platform Core Team Under Investigation by Chinese Police
The core technical team behind the Filecoin-based STFIL protocol said that they are under investigation by Chinese authorities.
Over the past couple of days, there have been unforeseen updates to the protocol, along with…
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AI and Big Data, Liquid Staking, DeFi Capture Biggest Weekly Gains
Several sectors within the crypto market are seeing a resurgence. AI and Big Data, Liquid Staking, and DeFi projects managed to secure the most gains in the past week.
According to their weekly returns, artificial…
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Swaap Labs Launches “Supercharged” DeFi Yield Protocol Swaap Earn
DeFi market maker Swaap Finance has launched a new service called Swap Earn, allowing users to earn an extra yield on already yield-bearing assets.
The protocol tops up investor returns through market-making yield,…
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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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