Thu, November 21

Bankroll Status Faces $230K Loss from DualPools Hacker Assault

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

September 23, 2024 2 mins read

Bitget Exchange Surpasses 45 Million Users Globally

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

September 18, 2024 2 mins read

dYdX Enters Prediction Markets with New Upgrade

The dYdX, a decentralized cryptocurrency exchange (DEX) focused on perpetual futures, is set to enter the prediction markets sector. This move will allow users to place leveraged bets on events such as political outcomes, sports results, or asset prices, using the platform’s perpetual futures contracts.  This initiative is part of

September 17, 2024 2 mins read

DeFi Protocol DeltaPrime Hacker Moves 50% of Stolen Funds to Tornado Cash

Cryptocurrency’s active community has combated several scams since the very beginning. However, in the recent 9-month duration of 2024, a surge in crypto scams has been observed. The surge has occurred both in terms of the amount of funds lost and in the magnitude of the hacks. Recently, DeltaPrime DeFi

September 17, 2024 2 mins read

Trump Backed WLFI Token Launched by World Liberty Financial

World Liberty Financial (WLFI), a crypto project backed by the Trump family, confirmed its plans to launch a governance token during a live stream. The token will be offered under an SEC Regulation D exemption, Rule 506(c) allowing only accredited investors to participate. Unlike typical crypto tokens, the WLFI token

September 17, 2024 2 mins read

Donald Trump Set to Launch World Liberty Financial

Donald Trump revealed the launch date for his family’s crypto project, World Liberty Financial. The launch is set for Monday, just 50 days before the upcoming U.S. election, stirring speculation in both political and financial circles. The project, which his son will spearhead, aims to embrace the future of decentralized

September 13, 2024 1 min read

Kujira Team Announces New Rujira Alliance For THORChain App Launch

DeFi projects have become quite huge in number in the past few months. Partnerships between different web3 ecosystems are a cornerstone of DeFi advancements. Recently, the DeFi project Kujira has announced a partnership with three other ecosystems to build the layer 2 THORChain app.  Notably, the ThorChain is utilized by

September 10, 2024 2 mins read

Snapshot X Debuts Gas-Free Onchain Voting for DAOs

Snapshot X, a governance platform designed for decentralized autonomous organizations (DAOs), has officially launched, offering a Layer 2-based protocol that enables onchain voting without gas fees. This breakthrough is powered by Starknet’s roll-up technology, which aims to streamline the often costly and inefficient voting processes in blockchain projects. Traditionally, DAOs

September 9, 2024 2 mins read

Rocko, a New Marketplace for Crypto-Backed Loans, is Officially Live

 Rocko, a new marketplace for accessing the best crypto-backed loans, has officially launched! Crypto owners can now use Rocko to quickly secure loans using their crypto assets as collateral, avoiding the need to sell their holdings. Users can access competitive rates from leading DeFi protocols — starting with Compound —

September 4, 2024 4 mins read

Pendle Safeguards Major Funds Amid Penpie Security Breach

Pendle, a well-known decentralized finance (DeFi) protocol, has announced that it successfully safeguarded around $105 million in funds following a recent cyber attack on Penpie, a yield optimization tool within the Pendle ecosystem. The incident occurred on Tuesday, targeting Penpie’s protocol and raising significant security concerns. According to a post-attack

September 4, 2024 1 min read