Ethereum worth $3 million Lost Following Conic Finance Protocol Exploit
The new DeFi protocol that went live in March has incurred a more than 1700 Ethereum loss. Conic Finance, a decentralized finance (DeFi) protocol, has...
Aave’s GHO Stablecoin Realizes $3.77M Market Cap
The newly launched dollar-pegged stablecoin by Aave is witnessing accelerated adoption. The stablecoin identified as GHO is running on Ethereum. Aave is replicating Maker's DAI...
International Monetary Fund (IMF) Urges Reforms to Shield Marshall Islands From Crypto Economy
The IMF believes that a nation with ‘capacity constraints’ and lacking a central bank should not enter the crypto economy. Annual talks between the Republic...
European Regulators have Decided to Put Digital Euro on Hold
The regulators of the European Union are taking an easy approach toward their Digital Euro program. A bill concerning the distribution of the newly digitized...
Dispersion Capital Establishes $40M Funding for Decentralized Infrastructure
The update released by Dispersion Capital on Tuesday, May 23, indicates that the venture capital specialist in early-stage firms is set to fund decentralized infrastructure...
Hong Kong’s Central Bank Chief Warns About Strict Crypto Regulations
HKMA or Hong Kong Monetary Authority has shared its impression concerning cryptocurrency markets in the region. To this end, Eddie Yue Wai-man, the Chief Executive...
P2P Marketplace Etherisc Rolling Out Depeg Insurance to Protect USDC Holders
Etherisc customers are set to benefit from a depeg insurance coverage that the peer-to-peer (p2p) marketplace is rolling out to safeguard against losses. Etherisc is...
DeFi platform FilDA suffers $700K exploit on Elastos Smart Chain and REI Network
Key Insights: PeckShield disclosed a significant exploit on the DeFi platform FilDA, resulting in a loss of around $700,000. The attackers used a bridging mechanism...
Injective Protocol’s INJ Cryptocurrency Gains Momentum with Access to More Liquidity
Key Insights: Injective's announcement of various fiat on-ramps for INJ and mainnet connection with Kraken will boost liquidity. INJ has seen spectacular growth, rising 89...
STX Market Surges: Possible Breakout or Trend Reversal?
STX shows bullish momentum with potential resistance at $0.90. Bollinger bands indicate increased volatility and potential for range-bound behavior. Traders should watch for trend reversal...