PRESS RELEASE. June 27, 2024 — DeltaPrime, a decentralized borrowing and investing platform, is thrilled to announce their Token Generation Event (TGE) on Uniswap and Trader Joe. The TGE marks another innovation in crypto with the launch of the $PRIME and $sPRIME tokens on July 1st, 2024. Born in the bear market and operating on […] Source CryptoX Portal
The developer of Bitcoin-focused defi platform ALEX Lab says North Korean hackers are likely behind the latest $4 million attack. North Korean hacker group Lazarus Group is very likely responsible for the attack that left Bitcoin-focused defi platform ALEX Lab without $4 million worth of tokens earlier in May. In an X post on Jun. 25, ALEX Lab’s official account said there’s “substantial transaction evidence” showing that the attack is linked to the Lazarus Group. Update on the ALEX Incident Investigation Dear ALEX Community,We wish to share an important update…
The stock lost nearly half of its value earlier this week following the tumble in altcoins and after the publication of a negative opinion piece in a crypto newsletter, the report said. Source
Merlin Chain is bringing the much-anticipated decentralized finance (DeFi) opportunities to Bitcoin holders, thanks to a suite of innovative integrations and its proof-of-stake (PoS) mechanism. Bitcoin Layer-2 blockchain Merlin Chain has seen more than $13 billion worth of Bitcoin (BTC) bridged in the last 45 days. Now its eyeing further growth as it bring more benefits for BTC holders. In this case, the platform wants to be the game-changer for staking rewards and yield-generation on Bitcoin. It’s goal is enable greater access to DeFi for BTC holders, opening up lucrative…
In the early hours of Monday, a dormant whale moved $21 million worth of 4 DeFi tokens to the crypto exchange Binance. The news received mixed reactions from the community, which worries about an incoming dump amid the recent retrace of the crypto market. Related Reading Whale Deposits $21 Million In DeFi Tokens To Binance On Monday, on-chain analytic firm Spotonchain reported a dormant whale had deposited around $13 million in crypto to Binance. After a year of holding, The whale sent 3,800 Maker (MKR) and 20,000 Aave (AAVE) to…
On June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending protocol. Over $19M Drained From Uwu Lend The defi lending platform Uwu Lend is believed to have […] Source CryptoX Portal
Patryn endured a turbulent period before releasing UwU Lend. Quadriga CX collapsed and soon after an address linked to Patryn transferred $5.5 million worth of ether (ETH) to now sanctioned coin mixer Tornado Cash in 2022, whilst he was the treasurer for the Wonderland DAO. Source
The EVM will let developers build applications with smart contracts that run on the IOTA network. Source
Because the service is free to use, it is not meant to be a direct moneymaker for Ironblocks, an Israeli startup that last raised $7 million in venture funding in early 2023. Instead, it’s a feeder for the company’s other crypto cyber defense products including the upcoming “Venn Security Network,” according to its website. Dadosh was hesitant to discuss what the network would look like. Source
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid Donald Trump’s support for crypto, Bitcoin, Ethereum, Avalanche, Solana, and KangaMoon are gaining momentum as optimism grows in the market. In the midst of Donald Trump’s announcement that if he wins the 2024 US presidential election, he will support the future of crypto, crypto enthusiasts maintain optimism while Bitcoin, Ethereum, Avalanche, Solana and one of the new defi coins KangaMoon gain momentum. Let us find out more. KangaMoon:…