Base TVL surges to $8B just days after overtaking OP Mainnet
Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months.
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Singaporean Exchange Bitrue Gets Hacked, Losing $5 Million in XRP, Cardano
Singapore-based crypto exchange Bitrue has suffered a major hack, losing 9.3 million XRP and 2.5 million cardano (ADA) from its hot wallet. The news was revealed in an official statement from the exchange published as a twitter thread on June 26.At the time of the breach — 1 a.m. GMT+8 June 27 — the stolen…
DeFi should complement TradFi, not attack it: Ava Labs CEO | Davos 2023
The co-founder and CEO of Ava Labs spoke with Cointelegraph at the World Economic Forum in Davos, Switzerland, on the future of DeFi and TradFi as two industries with merging value systems. 354 Total views 3 Total shares Own this piece of history Collect this article as an NFTDecentralized finance (DeFi) is on its way…
'I dropped the EigenLayer advisorship' — ETH Foundation's Justin Drake
Restaking protocols like EigenLayer allow investors to stake the same digital asset multiple times and reap the additional yields.
Price analysis 12/1: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB
Bitcoin (BTC) finished the month of November with a decline of about 7%. This was in sharp contrast to the prediction of the “worst-case scenario” of $98,000 by PlanB, the creator of the popular stock-to-flow model. Although the analyst described it as a “big miss”, he said he would give the Floor model one more…
Cardano Foundation Is Sued by Former Research Partner
Earlier today, March 16, Cardano Foundation made an announcement on its website disclosing that Z/Yen Group Limited (UK) has initiated legal proceedings against it.Z/Yen Group — Former Research PartnerZ/Yen Group Limited is a fintech think tank and a former research partner of the Foundation. Back in 2018, the two co-authored a report entitled “The Quantum…
Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?
The past week has not been an easy one. After the collapse of the third-largest stablecoin (UST) and what used to be the second-largest blockchain after Ethereum (Terra), the depeg contagion seems to be spreading wider. While UST has completely depegged from the U.S. dollar, trading at sub $0.1 at the time of writing, other stablecoins…
Bitcoin hitting $200K by December 2021 is now ‘conservative’ — Willy Woo
BTC/USD is more likely to reach $300,000 in a year's time, the popular analyst says, thanks to an "amplified bullish feedback loop." 2283 Total views 2 Total shares Bitcoin (BTC) hitting $300,000 in just one year’s time is “not out of the question,” popular statistician Willy Woo says.In a series of tweets on Dec. 1,…
REX Shares, Tuttle launch 2x long, short Microstrategy ETFs
They follow Defiance ETF’s launch of a 1.75x leveraged MSTR ETF in August.