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The lost funds represent about 12% of Loopscale’s total value locked (TVL), according to the DeFi lending protocol’s co-founder. Solana decentralized finance (DeFi) protocol Loopscale has temporarily halted its lending markets after suffering an approximately $5.8 million exploit. On April 26, a hacker siphoned approximately 5.7 million USDC (USDC) and 1200 Solana (SOL) from the…
Crypto market remains vulnerable to structural weaknesses, including the lack of weekend liquidity, despite a significant improvement in investor sentiment. Crypto investor sentiment has seen a significant recovery from global tariff concerns, but analysts warn that the market’s structural weaknesses may still result in downside momentum during periods of weekend illiquidity. Risk appetite appeared to…
The US President plans to host a private dinner for the top 220 holders of his TRUMP memecoin. United States Senator Jon Ossoff expressed support for impeaching US President Donald Trump during an April 25 town hall, citing the President’s plan to host a private dinner for top Official Trump memecoin holders. “I mean, I…
Countries must include DePIN tokens as part of their digital asset strategy to enhance infrastructure resilience and promote community-driven innovation. Opinion by: Raullen Chai, co-founder and CEO of IoTeX The United States and other superpowers are on the brink of a financial evolution. With President Donald Trump’s recent executive order establishing a Strategic Bitcoin Reserve…
DeFi Development Corp is seeking to raise more capital for its Solana treasury and operational expenses. DeFi Development Corp (formerly Janover) aims to raise over $1 billion worth of capital to invest in Solana, the industry’s sixth-largest cryptocurrency by market capitalization. The Nasdaq-listed firm, previously a real estate financing platform connecting commercial property lenders and…
Tokenized real estate could top $4 trillion by 2035, reshaping property investment as blockchain adoption grows, according to a Deloitte report. Over $4 trillion worth of real estate could be tokenized on blockchain networks during the next decade, potentially offering investors greater access to property ownership opportunities, according to a new report. The Deloitte Center…
As crypto’s speculative fervor wanes, it’s time for the industry to rediscover its roots in ethical finance. Ethical finance principles can steer the crypto industry toward meaningful innovation. Opinion by: Daniel Ahmed, co-founder of Fasset and founding member of the Own Foundation Crypto was born from a vision to decentralize power, democratize finance and build…
Nous Research is building decentralized, open-source AI models using Solana and global computing power. Decentralized AI startup Nous Research has raised $50 million in a Series A round led by crypto venture giant Paradigm, marking one of the largest investments at the intersection of blockchain and artificial intelligence to date. According to an April 25…
Silent Push senior threat analyst Zach Edwards says the FBI has since shut down at least one of the companies. A subgroup of the North Korea-linked hacker organization Lazarus set up three shell companies, two in the US, to deliver malware to unsuspecting users. The three sham crypto consulting firms — BlockNovas, Angeloper Agency and…
Ethereum validators supported raising the network’s gas limit on Feb. 4, increasing the gas limit to 36 million. Ethereum core developers are considering a four times increase in the layer 1 gas limit as one of the key features for the next hard fork after Pectra, known as Fusaka. The devs are proposing to test…