After returning funds to GMX, it appeared a would-be hacker sent $5 million in Ethereum to the coin mixer.
As bitcoin reaches a record high, tokens associated with DeFi and layer-2 networks are outperforming.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Opyn CEO Andrew Leone and head of research Joe Clark will join the markets team and help expand the exchange's Verified Pools feature.
Ethereum Foundation has set a 12-month clock for ecosystem zkEVM integreation after reorganising its ecosystem teams to speed mainstream adoption.
The hacker exploited GMX's V1 GLP liquidity pool on Arbitrum this Wednesday, draining over $40 million in various cryptocurrencies.
Caldera, a rollup-as-a-service infrastructure provider, is launching its native token called ERA with a total supply of 1 billion.
Robinhood launched Ethereum (ETH) and Solana (SOL) staking services for U.S. customers on July 10, enabling users to earn staking rewards on their crypto holdings with as little as $1. The new feature expands Robinhood’s staking offerings beyond Europe, allowing American customers to participate in blockchain validation without directly running validators themselves. For Ethereum, Robinhood […]
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Robinhood's move into crypto staking could accelerate mainstream adoption and influence regulatory frameworks in the evolving digital asset space.
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Hyperliquid’s native token, HYPE, is approaching its all-time high, fueled by the decentralized derivatives exchange capturing over 80% of the on-chain perpetual futures market. The platform has seen its average daily trading volumes increase to a consistent range of $2-6 billion, a surge that coincides with a new partnership with Phantom wallet and recent network […]
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Traders are seemingly hedging their bets on Pump.fun's upcoming ICO by shorting the token on Hyperliquid and Binance.
Solana-based memecoin launchpad Pump.fun has confirmed that its native PUMP token will debut through an Initial Coin Offering (ICO) on July 12. The token will have a total supply of 1 trillion and a structured allocation designed to serve institutional, community, and internal stakeholders. PUMP’s ICO details About 33% of the total PUMP token supply […]
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A major security incident struck the decentralized exchange GMX, siphoning approximately $42 million from its Arbitrum-based v1 perpetual platform. In response, GMX has sent an on-chain message to the hacker offering a 10% white-hat bounty. The platform stated that no legal action will be pursued if the remaining funds are returned within 48 hours. This […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ripple's partnership with BNY Mellon could accelerate institutional crypto adoption, enhancing trust and bridging traditional finance with digital assets.
The post Ripple taps BNY to secure RLUSD stablecoin with institutional-grade custody appeared first on Crypto Briefing.
Polygon’s Proof-of-Stake (PoS) network will undergo a major consensus upgrade with the rollout of Heimdall v2 on July 10. Sandeep Nailwal, Polygon’s co-founder, described it as the most technically advanced hard fork the chain has undertaken since its launch in 2020. Following the announcement, the network’s native token, POL, gained nearly 10% within 24 hours, […]
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While a post-mortem of the attack has yet to occur, the hacker appears to have drained funds out of GMX's GLP liquidity pool.
Kraken and Backed are expanding xStocks support to BNB Chain, enabling users to trade tokenized U.S. equities as BEP-20 tokens.
The network supported more than 3,000 appchains and processed over 57 million transactions during its phased testnet rollout.
The token has established a robust support zone at $277-$280, while rising demand for DeFi borrowing and Aave's dominant role in the sector point to future gains.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Phantom's launch allows users to trade perps directly within the popular web3 wallet, powered by Hyperliquid's API.
Pump.fun, a Solana-based token launchpad platform, is reportedly set to roll out a range of updates, with a possible expansion into the Ethereum ecosystem. This move comes as the platform faces mounting competition in the rapidly growing token generation market. Pump.fun’s new updates? On July 7, Dumpster DAO, a crypto trading and research platform, reported […]
The post Pump.fun eyes EVM expansion amid Bonk.fun rivalry appeared first on CryptoSlate.
Vertex will scrap its VRTX token, burn treasury holdings and rebuild its DEX on Kraken-incuated Layer 2 network, Ink.
The Eleventh Circuit Court of Appeals on July 3 vacated the Northern District of Florida’s 2023 order upholding the Treasury’s sanctions against Tornado Cash and instructed the lower court to dismiss the case. The one-page mandate ends the Coin Center v. Yellen appeal, the only remaining case over OFAC’s August 2022 designation of the Ethereum-based […]
The post US Court vacates Tornado Cash sanctions ruling, orders Florida case dismissal appeared first on CryptoSlate.
The Pump.fun team will apparently offer 150 billion PUMP tokens priced at $0.04 worth of USDT with a 1 trillion max supply.
Kuru blends AMM functionality with the central limit order book (CLOB) architecture on the Monad Layer 1 blockchain.
Ethereum co-founder Vitalik Buterin and Toni Wahrstätter, a researcher at the Ethereum Foundation, have put forth a proposal that will cap the maximum gas a single transaction can use. The proposal, EIP 7983, claims: “By implementing this limit, Ethereum can enhance its resilience against certain DoS [Denial of Service attack] vectors, improve network stability, and […]
The post Vitalik Buterin proposes to cap gas usage per Ethereum transaction to boost zkVM compatibility, security appeared first on CryptoSlate.
TON's crypto-based UAE Golden Visa program could revolutionize residency pathways, enhancing digital asset utility and global mobility options.
The post TON introduces UAE Golden Visa program through crypto staking, Toncoin soars 13% appeared first on Crypto Briefing.
World Liberty Financial, the decentralized finance platform linked to U.S. President Donald Trump’s family, has unveiled a proposal that would allow its WLFI governance token to become transferable and tradeable across the wider crypto market. Currently confined within its own protocol, the WLFI token cannot be traded externally, restricting price discovery and limiting participation in […]
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