The cryptocurrency market has livened up this past week with bullish price actions and other new announcements. Notably, several leading digital assets including Bitcoin and Ethereum have retraced their steps to previous trading levels. Meanwhile, the crypto-political landscape has also made some new announcements. Notably, Republican candidate Donald Trump’s World
Donald Trump’s new venture, World Liberty Finance (WLFI), is gearing up to raise $300 million through its upcoming token sale. This initiative, co-founded by Trump and his three sons, aims to establish a decentralized finance (DeFi) platform designed to enhance the mass adoption of digital assets. The project seeks to
Ethereum’s latest proposal, EIP-7781, was introduced by Illyriad Games co-founder Ben Adams on Oct. 5. The proposal aims to cut block times from 12 seconds to eight seconds. This reduction would increase Ethereum’s network throughput by 50%, benefiting decentralized finance (DeFi) platforms and decentralized exchanges (DEXs). Prominent figures like Vitalik
Brazil’s Central Bank (Banco Central do Brasil) is advancing its Drex central bank digital currency (CBDC) project by integrating decentralized finance (DeFi) elements. Currently, the initiative is in its second pilot phase. It aims to enhance financial inclusion and improve transaction efficiency within Brazil’s evolving digital economy. The pilot program
The Solana-based Jupiter crypto price has surged by over 10% following the Federal Reserve’s decision to cut interest rates by 50 basis points. The rally has pushed Jupiter’s market capitalization to just over $1 billion, resulting in the Jupiter price exceeding $0.80 for the first time in several weeks. Beyond
The crypto world never sleeps, and while Bitcoin continues to dominate the headlines, a new coin in the PropFi (Proprietary Finance) space is quickly gaining traction among investors. This coin, FXGuys ($FXG), is making waves as it looks set to deliver extraordinary returns, with some analysts suggesting it could turn
The U.S. Securities and Exchange Commission (SEC) declared a settlement with Solana-based DeFi platform Mango DAO and Blockworks Foundation for selling unregistered crypto assets known as “MNGO” tokens. This settlement also involved Mango Labs, which was accused of engaging in unregistered broker activities related to the sale of various cryptocurrencies
The crypto sector continues to face an alarming wave of cyberattacks, with a recent breach involving the Bedrock protocol adding to the growing list of DeFi exploits. Ten hours ago, Cyvers Alert, a digital asset monitoring platform, flagged a suspicious transaction linked to Bedrock, a DeFi multi-asset liquid restaking protocol.
Cybersecurity firm Cyvers has identified a significant breach at Bankroll Status, a decentralized finance (DeFi) platform on the BNB Chain, resulting in losses of approximately $230,000. Cybersecurity experts attribute the attack to the notorious DualPools hacker group. Cyvers flagged the suspicious transaction as part of a broader malicious operation. Their
Bitget exchange has reached a new milestone, surpassing 45 million users worldwide, CEO Gracy Chen announced at its sixth-anniversary celebration in Singapore. This achievement highlights the platform’s rapid growth. The platform experienced major user growth in regions like Africa (1,614%), South Asia (729%), and Southeast Asia (216%) in 2024. According
