UwU Lend Negotiates with Hacker After Losing $23 Million
TL;DR UwU Lend, a DeFi protocol founded by former Frog Nation CFO, Sifu, fell victim to a cyberattack. Resulting in a loss of $19.4 million. Hackers manipulated the…
Cryptocurrencies
Ondo Finance Reaches $500 Million in Total Value Locked
TL;DR Ondo Finance surpasses $500 million in Total Value Locked (TVL) after discussions in Congress on the tokenization of real-world assets. Ondo Finance’s TVL…
Trump Accumulates Over $30 Million in His Wallets After Being Sentenced
TL;DR Donald Trump cryptocurrency wallet has reached a value of $30 million after receiving an avalanche of meme coins and donations from his followers…
Charles Hoskinson Compares Cardano with Bitcoin
TL;DR Charles Hoskinson, founder of Cardano, compared the sustainability of the ADA network to that of Bitcoin, emphasizing the importance of transaction fees over…
Binance Falls Victim to a Chrome Plugin, Trader Loses $1 Million
TL;DR A Chinese trader lost $1 million on Binance due to a hack related to the Chrome plugin “Aggr”. Despite having two-factor authentication enabled,…
Hashdex Withdraws its Ethereum ETF Application: What Happened?
TL;DR Hashdex withdraws its application for an Ethereum ETF just as the SEC approves ETH-based financial products. Hashdex’s proposal featured a unique approach, combining…
BNB Chain Faced with Alleged Exploit: White Hat or Repentant?
TL;DR The BNB Chain faces a possible $80,000 Bitcoin exploit, with suspicious transactions raising uncertainty about the attacker’s intentions. Cyvers speculates on the possibility…
MAGA Returns $2.7 Million in Profits to an Investor
TL;DR A trader made a profit of $2.7 million in three days with the Trump-themed memecoin MAGA. The wallet “0x303” invested over $535,000 to…
Trump’s Promise: Commutation for Silk Road Founder Ross Ulbricht on Election Victory
TL;DR Commutation Commitment: Donald J. Trump has promised to commute Ross Ulbricht’s life sentence to time served if he wins the presidential election, potentially…
Solana: Is an ETF Possible? Expert Opinions
TL;DR The crypto market is eagerly awaiting the potential approval of an Ethereum ETF, with attention now turning to Solana. Approval of an Ethereum…
Insider Selling Strikes MAGA Token
TL;DR Insider Trading Impact: An insider acquired 33.37% of MAGA tokens for a low price and sold a significant portion for a substantial profit,…