Currently, DTX Exchange (DTX) has seen $7 million in pre sale funding. That is because the launch of its Phoenix Wallet has also sparked high interest of DeFi investors. DTX is now an altcoin sector’s leading DeFi project with this substantial presale success. In addition to being a crypto wallet,
Ethereum’s first-mover advantage has never been overcome and to this day it remains the foundation of the DeFi industry, with more than 50% of the total value locked in blockchain-based protocols. But Ethereum’s dominance has led to significant challenges for DeFi protocols, as the world’s number one smart contract network
Crypto investment firm BlockTower Capital reportedly purchased $7 million in prominent DeFi tokens from various crypto trading platforms in the last 12 hours, as tracked by blockchain analytics platform Lookonchain. As Lookonchain reports, the firm’s acquisitions focused on two major tokens — Uniswap (UNI) and Aave (AAVE). Based on etherscan
In 2023, Real World Asset (RWA) protocols are carving a notable niche in the decentralized finance (DeFi) landscape, signaling an evolution toward asset-backed stability within the sector. According to recent data from IntoTheBlock, RWAs have seen a marked increase in market share, growing from 0.01% to 0.07% by October, as
The global crypto market cap has climbed to $2.51 trillion, reflecting a 1.44% increase in the past day. Ethereum (ETH) has been a standout performer, surging over 10% in the last 24 hours and breaking above $2,850, marking a new three-month high. The overall trading volume in the crypto market
Curve Finance is a well-known decentralized exchange (DEX) for stablecoins, earning significant trust within the crypto community. A deceptive app mimicking Curve Finance has made its way onto the Apple App Store, quickly climbing into the top 100 finance apps. Despite clear user warnings, this imitation app, “Curve defi v3,”
Vitalik Buterin, co-founder of Ethereum, recently shared his insights on the protocol’s future, detailing improvements aimed at scalability, security, and user empowerment. This roadmap highlights shifts essential to Ethereum’s continued growth and its decentralized nature. The primary focus is on scalability. Buterin emphasizes Layer 2 solutions like rollups, vital for
Hackers behind the recent Radiant Capital exploit have successfully bridged nearly all stolen funds from Arbitrum and BNB Chain to Ethereum, totaling approximately 20.5K ETH, valued at around $52 million. This move marks the next phase in the aftermath of the October 16 hack, where attackers drained assets across multiple
An analyst predicts that a $1,200 investment in specific cryptocurrencies today could grow into enough wealth to purchase a yacht by 2026. This bold forecast has sparked interest across the crypto world. Which digital assets promise such remarkable returns, and what factors could propel them to such heights? CYBRO Presale
With the approaching US elections, there have been some intriguing advancements in the digital assets sector. Amid new announcements, members have also witnessed security concerns being raised. Recently, on Wednesday, the Cosmos Hub’s systems were identified as having security vulnerabilities and recommended for an audit. Meanwhile, the DeFi platform, Radiant
