Total value locked (TVL) across DeFi protocols has hit $52 billion, an annual peak not seen since the days leading up to FTX’s demise in November 2022. This comeback is significant because the industry has had a rocky past since FTX and other companies went under. The controversies surrounding these
The cryptocurrency market is known for its volatility and unpredictability, making it a hotbed for speculators and traders. Among the myriad of digital assets, Solana (SOL) has emerged as a prominent player, garnering attention not only for its technological prowess but also its potential for significant price appreciation.As we look
An attack was found in the Levana perpetual swap protocol on the Osmosis blockchain. Someone without authorization took over $1.1 million from Levana’s liquidity pools over the course of 13 days. The protocol lost 10% of its liquidity due to this occurrence, which was a major loss. Many factors contributed
In order to keep the firm’s commercial operations operating after its $48.8 million exploit in November, the team behind decentralized finance protocol KyberSwap has “regrettably” slashed its personnel by 50%. Kyber Network’s CEO Victor Tran stated: “Regrettably, we have also reduced our workforce by 50%. The decision to part ways
The cryptocurrency market is filled with erratic trends, excitement, and volatility. Fusionist (ACE) made headlines recently when it unexpectedly surged to an all-time high of $16 after going live on Binance.The initial excitement surrounding this listing brought ACE to the forefront, but a sharp decline quickly ensued, resulting in a
In the fast-paced world of cryptocurrencies, the slow-moving nature of Ripple (XRP) has become a source of frustration for many investors. Over the last 7 days, XRP has emerged as the worst performer, trailing behind even Bitcoin in terms of performance among the top 10 global coins.With its price barely
The cryptocurrency market is experiencing another wave of volatility, with Bitcoin (BTC), the flagship digital currency, witnessing a notable decline.As per recent data, Bitcoin’s total open interest (OI) has seen a sharp decline, prompting investors and experts to shift their focus towards promising DeFi tokens like Retik Finance (RETIK) for
A decentralized protocol wants to bring new value to the cryptocurrency market with the zero-coupon discount bond market and the yield curve. Investors’ risk tolerance and financial goals often lead to various opportunities. For those prioritizing stability and consistent returns, bonds emerge as a beacon of dependability. The appeal of
A surprising event occurred in the Decentralized Finance (DeFi) arena when the Ledger ConnectKit was the victim of a supply chain assault, which resulted in a rug-pull security compromise. Malicious code injection into different Decentralized Applications (dApps) is possible due to the vulnerability, which has been dubbed a “supply chain
In the ever-evolving landscape of cryptocurrency, competition is the driving force behind innovation and growth. As the market continues to expand, newer tokens are emerging, challenging the dominance of established players. One such emerging contender is Retik Finance (RETIK), a decentralized finance (DeFi) token that is rapidly gaining traction and
