The decentralized finance (DeFi) platform LI.FI protocol recently fell victim to a major exploit, resulting in a loss of over $8 million. Reports from Cyvers Alerts indicated the detection of suspicious transactions within the LI.FI cross-chain transaction aggregator, leading to the confirmation of the breach by LI.FI on July 16. The team advised users to
The US spot Bitcoin ETFs have demonstrated remarkable resilience, recording a daily net inflow of $301 million on July 15th. This impressive performance marks their seventh consecutive day of net inflows, signaling a strong investor interest in the cryptocurrency market amid a broader market recovery. Notably, none of the ETFs experienced outflows on that day.
Axie Infinity, the popular blockchain-based game, is set to revolutionize the gaming experience with its upcoming expansion, Homeland. One of the most anticipated features of this expansion is Avatar Mode, which allows players to become the avatar that navigates the immersive world of Lunacia. This new mode opens up a world of possibilities for exploration
Ethereum (ETH) has experienced a surge in the last 24 hours, with the news of the impending launch of Spot Ethereum ETFs. These funds are anticipated to have a positive impact on the price of ETH, potentially leading it to reach new all-time highs. Bloomberg analyst Eric Balchunas recently revealed on X (formerly Twitter) that
The rollercoaster ride of Bitcoin’s price has been on full display in the past few weeks. Just as the leading digital asset soared to a new all-time high of $65,000, news about Mt. Gox moving billions in BTC sent shockwaves through the market, causing a rapid decline of over two thousand dollars in just a
The partnership between Akedo Games and the TON ecosystem is set to revolutionize the gaming space as we know it. This collaboration not only signifies a strategic backing for Akedo Games but also opens up a world of possibilities for the development of decentralized games and applications. By leveraging the vast user base of Telegram,
Bitcoin has once again taken the spotlight as Whale Alert detected the awakening of a dormant address holding 1,000 BTC, valued at around $60 million, after more than a decade of dormancy. This particular wallet received the initial bitcoin stash over 11 years ago, back in September 2012, when its value was a mere $11,908.
Recently, it was reported that Coinbase, Ripple, and Andreessen Horowitz (a16z) have intentions to send representatives to both the Republican National Convention (RNC) and the Democratic National Convention (DNC). The firms are seeking to advocate for policies that benefit the cryptocurrency industry, leveraging the support of GOP power brokers to advance their cause. The decision
Scroll, a ZK rollup Layer 2 network, has seen a remarkable surge of 23% in the past seven days, reaching a Total Value Locked (TVL) of $1.03 billion, as reported by L2Beat data. This marks an impressive milestone for Scroll as the 8th Ethereum Layer 2 network to surpass the $1 billion TVL mark. Scroll’s
Ubisoft is breaking new ground in the world of gaming with the highly-anticipated Champions Tactics, set to launch on July 15. This game not only offers a unique gaming experience but also integrates blockchain technology, making it a game-changer in the industry. The Champions Tactics free mint event is divided into two phases, allowing players
