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Ethereum price is down today after it dropped below a key support zone, but multiple analysts remain optimistic about Ether’s upside. Ether’s price fell over 5% to $2,380 on May 19, mirroring similar downward moves across the wider cryptocurrency market. Long liquidations accompanied ETH’s price drop. Below $2,400 could be a buy-the-dip opportunity. Read more…
A critical exploit has drained $2.15 million in MBU tokens from Mobius smart contracts on BNB Chain. Hackers drained over $2.15 million from Mobius Token ($MBU) smart contracts on the BNB Chain in a targeted exploit detected early May 11, according to security firm Cyvers Alerts. The attacker deployed the contract from address 0xb32a53… at…
Amazon’s AWS powers some of the world’s leading crypto exchanges with high-throughput cloud infrastructure for crypto trading, presenting a central point of vulnerability. Update April 15, 9:17 am in UTC: This article has been updated with information throughout. Binance, KuCoin, MEXC and other exchanges and wallet providers have been experiencing service issues due to a…
Stablecoin adoption persists even as market wide jitters weigh on Ethereum and Solana’s performance, VanEck said. Stablecoins are “in a bull market of their own,” even as smart contract platforms — including Ethereum and Solana — sputter amid the marketwide tumult, asset manager VanEck said in an April 3 monthly note. The diminished activity on…
The growing BTCFi sector and potential interest rate cuts on the horizon may create more demand for Bitcoin as a productive, yield-bearing asset. The value locked in Bitcoin-based decentralized finance (BTCFi) has surged by more than 2,700% over the past year, potentially transforming Bitcoin from a passive store of value into a productive, yield-bearing asset,…
DEX aggregator ParaSwap has rebranded to Velora and launched its Delta v.2.5 upgrade, introducing a customizable intents-based trading system that enhances trade execution flexibility, MEV protection, and cross-chain functionality. Decentralized exchange (DEX) aggregator ParaSwap announced its rebrand to Velora and is moving on to a new intents-based trading feature. According to an announcement shared with…
It has also seen a strong uptick in transaction activity over the past 12 months, the DeFi protocol said. Curve Finance, a decentralized lending protocol and exchange, notched record-breaking trading volumes of nearly $35 billion in the first quarter of 2025, a spokesperson for the protocol told Cointelegraph. Trading volumes increased more than 13% from…
US President Donald Trump’s trade war is affecting crypto markets, where his own family has significant investments. Meanwhile, DeFi hacks are costing the industry. March was a rough month for markets — US President Donald Trump’s uncertain tariff policies created volatility in Bitcoin and crypto markets; meanwhile, decentralized finance (DeFi) struggled with security concerns. Retaliatory…
Bridging assets from centralized exchanges to decentralized exchanges has typically been a cumbersome and difficult process for users. Crypto exchange Binance has debuted centralized exchange (CEX) to decentralized exchange trades (DEX), allowing customers to use funds from their Binance wallets to execute DEX trades — eliminating the need for asset bridging or manual transfers. According…
The unknown whale netted at least $6.26 million from the Hyperliquid exploit and still holds over 10% of the total supply. A crypto whale who allegedly manipulated the prize of the Jelly my Jelly (JELLY) memecoin on decentralized exchange Hyperliquid still holds nearly $2 million worth of the token, according to blockchain analysts. The unidentified…