DeFi
KyberSwap Hacked, Suffering $47 Million Losses Update on 27/11/2023: The Kyber Network team has officially confirmed that the total financial loss from the KyberSwap hack amounts to $54.7 million. They stated that the hacker employed highly sophisticated methods, indicating thorough preparation. 1/ We've overcome many
DeFi
Despite the assets being locked until the mainnet launch next year, the new layer-2 solution Blast is already seeing significant inflows. Image: 91 Million USD Bridged to Layer-2 Blast Within One Day of Launch. Image Source: Website Blast Within hours of its launch and the announcement of its capital raise,
DeFi
PancakeSwap Proposes Implementing veCAKE Tokenomics Model The leading DEX on the BNB Chain ecosystem, PancakeSwap, has proposed a new tokenomics model called veCAKE. This proposal is currently under community discussion, with the voting process being shared on PancakeSwap's official X (Twitter) account. 📣 Proposal for Launching veCAKE 🔒 🥞We propose
NFT & GameFi
NFT marketplace Blur has conducted its second BLUR airdrop in the early hours of November 21, after more than nine months of anticipation. Blur Conducts Second Airdrop, BLUR Token Price Drops Sharply On the morning of November 21 (Vietnam Time), Blur announced the completion of Season 2 of the project,
Big Cap
On November 21, 2023, Avalanche (AVAX) has consistently led the layer-1 sector over the past week. However, data from CryptoQuant indicates that the token is currently hovering at "overbought" levels. In the past month, various layer-1 platforms have recorded impressive price increases, with native tokens surging by more
DeFi
Blast, the latest layer-2 solution on Ethereum, has received investments from major funds and notable KOLs in the crypto community, aiming to boost yields for ETH and stablecoin holders. According to an announcement on the morning of 21/11, the layer-2 solution Blast on Ethereum has officially launched and declared
Big Cap
Bitcoin, the world's largest cryptocurrency, saw a modest 3% increase following the election of Javier Milei as President of Argentina. Argentina Elects New President - Bitcoin Price Slightly Up Preliminary voting results as of the morning of November 20 (Vietnam time) indicate that Javier Milei, the presidential candidate,
Big Cap
On the evening of November 20, 2023, Tether, the world's largest stablecoin issuer, announced a significant freeze of 225 million USDT across multiple wallet addresses, totaling $225 million. This marks the largest USDT freeze ever conducted by Tether. Tether disclosed that the funds were associated with a cross-border
DeFi
In just one week, the trading volume on DEXs within the Solana ecosystem has exceeded $2 billion, and in the first three weeks of November 2023, it set a new record with a total volume surpassing $4.7 billion. Information from Wu Blockchain indicates that the trading volume on decentralized
DeFi
dYdX, a decentralized exchange (DEX), had to use 40% of its $22.5 million insurance fund to cover losses from the 40% price dump of the YFI token. Image: dYdX Insurance Fund Depletes by $9 Million Due to YFI Dump One of the most talked-about tokens in the crypto community
NFT & GameFi
Taproot Wizards, one of the pioneering projects in the Bitcoin Ordinals space, has successfully raised $7.5 million. Taproot Wizards Pioneers Bitcoin Ordinals Trend, Secures $7.5 Million in Funding In an announcement posted on the evening of November 16, Taproot Wizards revealed that it had completed a seed funding
DeFi
Trader Joe and SpookySwap Front-End Attacks Update: On the morning of November 18, SpookySwap, a DEX on the Fantom network, also reported a front-end attack and urged users to cease interactions and usage of the platform. The Spooky team is currently investigating a frontend vulnerability on our domain 😿 Please do
