Big Cap
Last week, cryptocurrency products and funds attracted an additional $176 million in investments, marking the 10th consecutive week of capital inflows into the crypto market. Capital inflows into crypto increase for the 10th consecutive week According to the latest statistics from CoinShares, the total influx of money into crypto investment
DeFi
Stargate recently fell victim to a phishing attack via the governance platform Snapshot. Fake Voting Proposal on Stargate Scams Users of Over $40,000 LayerZero, the infrastructure provider for Stargate, confirmed this phishing attack in their Discord channel. Scammer acquired enough veSTG to be able to post proposal which has
DeFi
The attacker behind the KyberSwap exploit has started laundering the stolen funds through Tornado Cash as of December 3rd, moving 1,000 ETH in an attempt to obfuscate the assets. According to blockchain data, the hacker responsible for the attack on KyberSwap, which resulted in a $48.8 million loss,
DeFi
Osmosis, the largest decentralized exchange (DEX) on Cosmos, and the lending protocol UX Chain (formerly known as Umee) have proposed a merger to become a comprehensive DeFi project. According to a proposal on December 4th, both Osmosis DEX and UX Chain announced their efforts to leverage each other's
Big Cap
Early morning on December 4th, both Bitcoin and Ethereum experienced growth volatility, pushing both to new highs for 2023. Cryptocurrency price movements at 07:15 AM on December 4th, 2023. Source: Coin360 Recent days have seen upheaval in the crypto community following the resignation of former Binance CEO Changpeng Zhao
Big Cap
Arbitrum DAO has agreed to allocate an additional $23.54 million to 26 projects participating in the STIP program. Arbitrum DAO decides to add 21.4 million ARB to the STIP program. Image: Newton Two-thirds of Arbitrum DAO members have passed a Temperature Check phase to increase the reward cap
Big Cap
A new product named MantleLSP aims to allow users to deposit ETH into Mantle to receive mETH, optimizing capital efficiency. Mantle has launched the Liquid Staking protocol on Ethereum On the afternoon of December 4, 2023, the modular blockchain layer-2 platform Mantle, part of the Bybit ecosystem, announced the launch
DeFi
Kyber Network plans to use its project funds to compensate users affected by the mid-November KyberSwap hack. On the evening of December 1st, Kyber Network, the operator behind the DEX KyberSwap, released an update on their handling of the damages from the recent attack. The hack, which occurred two weeks
DeFi
Early on December 1st, the DeFi community discovered two transactions on the Blast platform with significant slippage, causing users to lose 10% of their funds. Specifically, the address "0xf71...68D2" deposited 500,000 USDT into Blast's contract, but after the automatic swap process in the Curve
DeFi
The Starknet Foundation, the entity supporting the development of Layer-2 Starknet, has released the latest updates regarding the upcoming airdrop rumors. Starknet Foundation Confirms Deadline for STARK Token Airdrop Recently, the Twitter community circulated a screenshot of an interface on the Starknet (STRK) website listing various criteria for qualifying for
Big Cap
With expectations of continued market growth, Matrixport Research reaffirms its prediction that BTC will reach $63,140 by April 2024 and $125,000 by the year's end. Matrixport continues to predict Bitcoin will rise to $63,140 by April 2024 According to a recent report by Matrixport, the
Big Cap
Chainlink's v0.2 Staking mechanism has officially launched on mainnet, increasing the liquidity pool limit to 45 million LINK tokens. Chainlink Upgrades Staking Mechanism to v0.2 with 45 Million LINK Pool Image: CoinMarketCap As announced on November 28th, the decentralized computing protocol Chainlink has introduced Staking v0.
