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” Rari Fuze hacker offered $10M bounty by Fei Protocol to return $80M loot “ Decentralized finance (DeFi) platform Fei Protocol offered a $10 million bounty to hackers in an attempt to negotiate and retrieve a major chunk of the stolen funds from various Rari Fuse pools worth $79,348,385.61 or nearly $80 million. On April…
” Avalanche (AVAX) loses 30%+ in April, but its DeFi footprint leaves room to be bullish “ Avalanche (AVAX) price is down more than 30% in April, but despite the negative price move, the smart contract platform remains a top contender for decentralized applications due to its scalability, low-cost transactions and its large footprint in…
” Finance Redefined: Hacker bungles DeFi exploit, dYdx’s decentralization goals, and more “ The decentralized finance (DeFi) ecosystem was filled with ups and downs —mostly the latter— this week, with two very distinct hack attempts and a heartbreaking departure of a DeFi veteran. In this week’s newsletter, we will also look at derivative exchange dYdX’s…
” Major exchange listings spark a 40% rally in Steem, TrustSwap and 0x “ Sentiment in the cryptocurrency market is on the upswing after small gains from Bitcoin (BTC) and altcoins hint that the market could be in the process of a bullish breakout. A handful of altcoins are also finding momentum and a round…
” Retail interest in crypto declines as investors search for the next big price mover “ One of the main narratives of hope for cryptocurrency investors is that there will be a major shift in public perception that sparks a new wave of capital from retail and institutional traders. Unfortunately for these hopeful bulls, data…
” Here’s how OpenSea NFT hacks hurt owners, buyers and even entire collections “ The non-fungible token (NFT) market has been booming since the summer of 2021 and as NFT prices were sky-rocketing, the number of hacks targeting NFTs were also increasing. The most recent high-profile hack siphoned approximately 600 Ether worth of NFTs from…
” Crypto Raiders explains how blockchain gaming attracts new users to Web3 “ At the height of the nonfungible token (NFT) rally in 2021, Sky Mavis, the creator of Axie Infinity, rolled in like the Trojan horse and coined the term play-to-earn (P2E) for blockchain games. Axie Infinity grew in popularity after amassing a $3…
” Solana NFT marketplace integration and DApp metrics shine even after SOL’s 20% drop “ Solana (SOL) price reached $143.50 on April 2 after an incredible 82% rally over a 20 day period. This positive performance can be attributed to recent NFT markets-related news and a marketwide bounce, but the current 22.7% decline could have…
” Kyber Network (KNC) soars after integrating with Uniswap v3 and Avalanche Rush Phase 2 “ The outlook for projects in the decentralized finance (DeFi) sector has begun to improve in recent months as a combination of global events have highlighted the benefits of holding funds outside of the traditional financial systems. One project that…
” DeFi sector TVL rises as investors return to a bullish crypto market “ The month of March has been a tale of two halves for the cryptocurrency market and the weakness seen since the start of the year has began to fade. Bitcoin’s (BTC) strong move above the $40,000 level is helping to lift…