One of the highest rewards in recent times, 689 Ether worth $1.28 million, was awarded from a single Maximal Extractable Value (MEV)-boost relay block on the Ethereum Beacon Chain. According to information gleaned from blockchain transactions, Lido was compensated for its efforts in block 17007842 of the Beacon Chain, which
A new proposal has been submitted by the Arbitrum community, which asks the Arbitrum Foundation to transfer 700,000,000 ARB tokens back to the DAO Treasury. In March, the Arbitrum Foundation moved the money without consulting the community beforehand. The suggestion states that the foundation’s financial plan should continue only when
The crypto market, at present, continues to witness astounding surges from low-cap altcoins alongside the top cryptocurrencies. Bitcoin’s consolidation, Ethereum’s anticipated Shanghai upgrade, new protocol launches, and exchange listings are registered as the reasons. Particularly, the memecoins initiated a strong trend wave in the sector in the last week –
According to reports, Terraport, the newly released Terra Classic DeFi platform created by TerraCVita, has been hacked. On April 10, Terraport Finance stated through a tweet that it had discovered a security hole in the Terraport Liquidity wallet. The group is trying to fix the problem and safeguard the protocol.
Today, Bybit, the third-most visited cryptocurrency exchange in the world, finished integrating staked Ether (stETH) in preparation for Ethereum’s Shanghai upgrade. Users can use their ETH for margin trading and earn interest on it thanks to this ground-breaking innovation. Customers of Bybit can either buy stETH directly from the Spot market
Significant progress was being made in its preparation thanks to certain network advancements. The amount of money locked up in ETH 2.0 deposit contracts has been increasing, and as of 9 April, it had reached a new all-time high, according to statistics from Glassnode. Such a finding would be consistent
With a 70% increase this year, Bitcoin (BTC) has reached its highest price in nine months, substantially over $29,000. While the derivatives market has been revitalized by the recent upswing, total leverage use is still modest, indicating a minimal probability of “liquidations-induced” severe price movements. For almost three weeks, the
The largest cryptocurrency exchange in the world, Binance, reported that its “Futures users were experiencing some wide problems with the platform.” It stated that its team is attempting to find a solution and that users will receive updates as they become available. Changpeng Zhao (CZ), CEO of Binance, made the
PawSwap (PAW), a Shibarium protocol-based decentralized exchange (DEX), is riding the bullish wave today, with its price rising by 13% to $0.00000004965, marking its highest level in the past two weeks. Pawswap was designed to make crypto trading available to all. Also, Pawswap is inspired by Shiba Inu’s successes and
Decentralized Finance (DeFi) is a budding ecosystem that has the potential to disrupt traditional financial systems. However, the lack of interoperability among DeFi platforms has been a major hindrance to its growth. This is where RocketX and XDC Network come into play. By integrating these two platforms, DeFi interoperability is
