Sat, November 16

DEX Uniswap Reports $1.5 Trillion Trading Volume Milestone in April

Even though the crypto industry has seen substantial growth this year, volatility has been a constant. In spite of this competition, Uniswap has maintained its position as the decentralized market leader. Across all blockchains, it still commands over $4 billion in total value locked (TVL), making it one of the

April 26, 2023 2 mins read

zkSync-based DEX Merlin Exploited of $1.82M as per PeckShield

On April 26th, a hacker stole $1.82 million from the decentralized exchange Merlin. PeckShield and other members of the community have brought to light the exchange’s exploitation and provided the addresses of the exploiters. The funds were transferred from zkSync to Ethereum in the form of USDC tokens. #PeckShieldAlert Our

April 26, 2023 2 mins read

Binance’s New Liquid Staking Token to Strengthen DeFi Accessibility

Binance has launched a new token called Wrapped Beacon ETH (WBETH). This allows users with additional choices when it comes to using staked ETH in DeFi protocols. Users will be allowed to take part in DeFi initiatives outside of Binance with WBETH while still being able to collect the associated

April 26, 2023 1 min read

Genesis Global’s Creditors Reject Earlier Accepted Restructuring Plan

In a statement released earlier today, the Digital Currency Group (DCG) warned that Genesis Global’s bankruptcy procedures might go on for a long time. Genesis Global is a DCG subsidiary. The company is in trouble since its creditors rejected the bankruptcy restructuring plan that was agreed upon about two months

April 25, 2023 2 mins read

Thetanuts Finance Secures $17M in Institutional Funding to Drive DeFi Expansion and Partnerships

Thetanuts Finance, a multichain decentralized options protocol, has secured $17 million in an institutional funding round. Thetanuts Finance offers a range of crypto-structured products, enabling a wide customer base to earn a yield on major cryptocurrencies and popular altcoins. Along with providing liquidity, and executing short and long options strategies.

April 25, 2023 2 mins read

Bitcoin (BTC) Transactions through Telegram Wallet

Telegram, the social media platform, has updated the features of the wallet web interface. The new update allows users to purchase, withdraw, exchange, and make P2P transactions using Bitcoin (BTC). Telegram has recently been working to extend its presence in the crypto sector. ₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: Telegram adopts #bitcoin pic.twitter.com/2QOunvF8Fe — Documenting

April 22, 2023 1 min read

Defunct Crypto Lender BlockFi Gets Extension for Restructuring Plan

A bankruptcy court in New Jersey ruled on Wednesday that the cryptocurrency platform BlockFi Inc. has until the middle of the next month to submit its Chapter 11 or reorganization plan. The court ruled that a little delay was acceptable to ensure the case’s smooth continuation. Representing BlockFi, attorney Joshua

April 20, 2023 2 mins read

Voyager Gets Government Approval Over Assets Sale to Binance.US

The planned purchase of defunct US crypto lender Voyager Digital especially by Binance.US has been blocked by authorities on many occasions during the last few months. Recently, however, Voyager reported that the Unsecured Creditors Committee (UCC) had struck an agreement with the U.S. government allowing the purchase plan to go

April 20, 2023 2 mins read

DeFi Protocol SafeMoon Hacker Agrees to Return 80% of Stolen Funds

SafeMoon is a protocol for decentralized finance (DeFi) built on BNB Chain. On March 28, hackers stole 27,000 BNB, valued at about $8.9 million. According to a blockchain message published by SafeMoon on April 18, the attacker responsible for the theft of $8.9 million in BNB has promised to refund

April 19, 2023 1 min read

Multi-chain Lending Protocol Hundred Finance Exploited of $7.4M

On Saturday, the multi-chain lending protocol Hundred Finance said that it had been hacked on the Ethereum layer-2 blockchain Optimism, losing almost $7 million in the process. The protocol team has warned against speculation until an official statement has been released detailing the findings of the post-mortem they are doing

April 17, 2023 2 mins read