Industry News
Prisma Finance hacker demands apology before returning stolen funds
Prisma Finance, a prominent player in the decentralized finance (DeFi) space, is currently navigating the aftermath of an $11.6 million exploit that occurred last week. This incident has left $540,000 in funds from certain accounts yet to revoke the smart contract responsible for the exploit. Prisma Finance hacker gives conditions to return funds Adding to…
Chainage set to raise $13 million amid expansion plans
Decentralized Finance protocol Chainage has announced that it will raise $13 million to expand its protocol. The platform, boasting a TVL of around $100 million needs the approval of tokenholders on its decentralized autonomous organization (DAO) to finalize the plan. Chainage reveals plan to raise $13 million According to its snapshot on April 1, an…
Musk’s satirical strike against corporate DEI on April Fools Day policies sparks debate
In a blend of humor and pointed social commentary that took the Internet by storm, just like every past April 1st, Elon Musk, the CEO of Tesla, SpaceX, and an owner of the social media platform X, has again grabbed the Internet’s attention with an April Fool’s Day prank. The cryptocurrency community and others have…
Tron challenges SEC in legal battle over TRX and BTT
On the other hand, the tron blockchain is placed under the same problem as the SEC, which has filed charges against tron (TRX) and BitTorrent (BTT) tokens over their regulatory status, which has been defied by the SEC. tron challenged the authority of the SEC not only by stating that the SEC’s regulatory reach does…
Tekken 8 Players Rally for Waffle House Stage
Over the weekend, the fighting game community has been smoldering a raging campaign demanding the return of the dollar-general/” target=”_blank” rel=”noopener”>Waffle House stage to the upcoming Tekken 8 directed by Katsuhiro Harada who is famous for creating Tekken franchise. The modest request, a Twitter user’s initial post, quickly grew into a global movement, and thus…
Robinhood aims to reach a wider audience
So get this. Robinhood isn’t just playing around with stocks and crypto anymore. Oh no, no. With the recent unveiling of its first-ever credit card, including a version that screams opulence with its solid gold façade, Vlad Tenev, the CEO of Robinhood, is signaling a jump into some wild, uncharted territories. The guy is dead…
There is a huge institutional appetite for crypto investment
Once upon a time, not too long ago, the thought of top financial giants like Goldman Sachs, JPMorgan, and BlackRock getting cozy with cryptocurrency was practically laughable, wasn’t it, my dudes? Well fast forward to today, and it is the new normal. These giants, who once turned their noses up at Bitcoin and its weird…
Crypto watchlist: Key U.S. data to watch out for this week
Hold onto your hats, folks, because this week, the crypto markets are riding the roller coaster of U.S. economic updates with all the enthusiasm of a kid in a candy store. We’re not just talking about any old week; we’re diving into a whirlwind of data points and speeches that could make or break your…
Base network hits new milestone trading volume
Coinbase’s layer-2 network on Ethereum Base has achieved remarkable success in its trading volume. According to data from Dune, the network saw its trading volume register a massive rise of $1 billion, 25% more than the previous day. The data shows that the network registered a massive $1.21 billion in trading volume on March 30,…
Owner One survey reveals the behavior of ultra-rich families towards crypto
A recent survey carried out by Owner One has shown that rich families with a net worth of $100 million show a preference for algorithmic coins over tokens. In the study, the platform revealed that the family favors algorithmic coins at 4.32% while their preference for other tokens stands at 0.92%. These preferences remain paramount…
Robert Kiyosaki advises traders to ditch dollars for Bitcoin
Famous author and vocal Bitcoin supporter Robert Kiyosaki has published new advice for traders in the financial landscape. In his recent post, the Rich Dad Poor Dad author urged his followers to ditch the dollar in favor of Bitcoin, gold and silver. Robert Kiyosaki opined that ‘baby boomers’ retirements are going broke with the crash…
Web3 startups flock to accelerators as crypto enthusiasm grows
In the dynamic world of blockchain, Web3 startups are now using accelerator programs to boost their growth and popularity in the crypto market. With the market currently going through a bull run, this is also an avenue for these startups to secure investments. These programs also provide the right mentorship, funding, and opportunities for both…
StakeStone Launches Omnichain Carnival
The hedonism of the crypto sphere follows another breakout investment program launch from StakeStone where they indicate prominence and stellar returns in the Omnichain Carnival Program wave. Whichever initiative will lead for 3% of the circulating supply to be distributed amongst the people would further confirm the company’s willingness to bring about equal distribution. The…
Lego Fortnite Update Unveils Buildable Planes & Potential Crossovers
Within the gaming vigor, the newest update on Lego Fortnite, entitled “Mechanical Mayhem,” is bringing up an extraordinary feature that will enable the players to build and fly the airplanes that they have created. This update is not only capable of making the game much more expressive, but it also it generates an atmosphere that…
Consensys has come up against SEC on the basis that ETH tracks physical assets
A latest news which has become a great matter for the crypto-currency and regulator communities, collaboratively, is the step taken by Consensys. blockchain-advocate-for-ethereum-etfs/” target=”_blank” rel=”noopener”>Consensys is a reputed organization in the domain of blockchain and Web3 software development industry. The SEC’s worries focus on the dangers of fraud and manipulation through Ethereum’s proof-of-stake (PoS), receiving…
Pendle Finance Regains Control: Swift Action versus the Unauthorized Use of Property
When the morning sun rose on a peaceful day in the crypto community, the world of decentralized finance was brought into the realm of hackers and scammers to deal with the problem of Pendle Finance, which was among the biggest characters in the sector of decentralized finance. Pendle Finance’s staff witnessed a sudden logout from…
It’s hard to see the good in crypto when there is so much bad
Spotting the silver lining in the crypto universe feels like trying to find a needle in a haystack lately. The headlines have been relentlessly negative, drowning in tales of downfall from once-revered giants like FTX, not to mention the likes of Three Arrows Capital, Terra, Celsius, and a rogue’s gallery of others. But let’s not…
Tornado Cash Co-Founder Seeks Dismissal of Money Laundering Allegations Crypto
Within the world of cryptocurrencies, one of the major developments that took place is that the co-founder of the controversial mixer service Tornado Cash Roman Storms has made an incredible move by filing a motion for dismissal of charges allocated to him. Storm is defending himself from charges that he ran a money laundering racket…
Crypto FOMO shifts gears from Bitcoin to BOBAOPPA by Machi Big Brother – Wait!! Is it a scam?
Have you all heard about the latest trend in the crypto space? The BOBAOPPA is spearheaded by MachiBigBrother, who is a famous NFT trader. In the meteoric race of what could be the world’s best memecoin, BOBAOPPA stands out after raising $42,000,000 in its pre-sale in just a few days. With the recent surge, crypto…
Crypto community comes for Jupiter over budget proposal
Well, here we are, staring down one of those moments in the crypto-giants-merge-in-ai-deal/” data-type=”post” data-id=”504383″ target=”_blank” rel=”noopener”>crypto universe where the gloves come off and everyone has something to say. Jupiter, a name that’s been making rounds for a multitude of reasons, is under the spotlight yet again. This time, it’s not for launching a new…