The Arbitrum decentralized autonomous organization (DAO) finds itself at the center of a contentious discussion after a proposal emerged to allocate 7,500 Ethereum (ETH) to external DeFi protocols. […]
Ethereum Pectra Upgrade: Larger Stake Rewards & Improved Scalability
The Ethereum Pectra upgrade is underway, beginning testing on the Holesky testnet today. This major network upgrade will focus on enhancing scalability and incentivizing validators. The initial test […]
Soneium’s DeFi Platform Sees Explosive Growth, Boasting Strong User Engagement
Sony-powered decentralized finance platform Soneium is experiencing a surge in popularity. Since its launch, the platform has attracted a significant number of users thanks to its impressive growth […]
Infini Stablecoin Bank Hit by $49M Exploit: Insider Access Behind the Breach
A burgeoning neobank, Infini, has suffered a significant security breach resulting in a loss of $49 million in USDC. The attack exploited a vulnerability stemming from an administrative […]
U.S. Seizes $31 Million in Crypto from Uranium Finance Exploit
In a major win for law enforcement investigating cybercrime, US authorities have seized $31 million in cryptocurrency linked to the 2021 exploit of Uranium Finance, a decentralized finance […]
Algorand Processes 34K Transactions in Under Three Seconds: Could This Impact Price?
Algorand has recently demonstrated its rapid transaction processing capabilities, completing over 34,008 transactions in a single block within a mere three seconds. With this impressive performance, Algorand (ALGO) […]
Soneium’s DeFi Platform Sees Explosive Growth Amidst Rising User Engagement
Soneium, a DeFi platform backed by Sony, is experiencing rapid growth since its launch. Its total value locked (TVL) has soared past $45 million USD, signaling strong user […]
DekaBank Launches Institutional Crypto Services, Entering New Financial Frontier
Germany’s prominent asset manager, Dekabank, has officially launched crypto trading and custody services specifically tailored for institutional clients. This move marks a significant shift in the German financial […]
Trump Threatens BRICS Nations with Tariffs Over Currency Transition
Former President Donald Trump warned BRICS nations that any attempt to challenge the U.S. dollar would trigger a 150% tariff, halting trade relations. This threat comes amidst growing […]