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DeFi Hacks Top $6 Billion

DeFi Hacks Top $6 Billion

The decentralized finance (DeFi) ecosystem saw a surge in hacks in 2022, with the total value of stolen funds surpassing $6 billion, according to data from crypto data analyst Kofi, a contributor at DefiLlama. The

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Cardano Projects Building on Blockchain Hit Major Milestone

Cardano Projects Building on Blockchain Hit Major Milestone

According to a new weekly report from Input Output, the number of projects being built on Cardano has reached the 1,200 mark. Last week their number increased by nine, with three being fully launched. At

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Cardano DEX Announces First Governance Milestone: Details

Cardano DEX Announces First Governance Milestone: Details

SundaeSwap, a Cardano DEX, has announced a significant governance milestone. In a tweet, it made known that the first on-chain SundaeSwap governance vote is now live. On Jan. 31, SundaeSwap announced the launch of its

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Cardano (ADA) Records 135K Active Addresses in Biggest Transaction Spike in Months

Cardano (ADA) Records 135K Active Addresses in Biggest Transaction Spike in Months

Cardano continues to post data that refutes the "ghost chain" criticism — this time it sees a massive surge in daily active addresses. Cardano experienced its highest daily active address spike since May 2022 on

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Almost 3% of SAND’s Supply Transferred to Binance, Price Reacts

Almost 3% of SAND’s Supply Transferred to Binance, Price Reacts

Recently, Binance saw a transfer of a significant amount of The Sandbox's (SAND) cryptocurrency. A total of 78 million SAND, worth approximately $56 million, was moved to the exchange by three addresses, representing 2.6% of

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“Vile” and “Grotesque”: Ripple CTO Slams Self-Proclaimed Satoshi Over Lawsuit Against Bitcoin (BTC) Developers

“Vile” and “Grotesque”: Ripple CTO Slams Self-Proclaimed Satoshi Over Lawsuit Against Bitcoin (BTC) Developers

In a recent Twitter exchange, Ripple CTO David Schwartz and self-proclaimed Satoshi Craig Wright engaged in a heated discussion about a lawsuit related to Bitcoin developers. As reported by U.Today, a recent ruling by the

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Cardano’s Stablecoin Djed Reaches First Major Milestone: Details

Cardano’s Stablecoin Djed Reaches First Major Milestone: Details

The issuer of the first overcollateralized stablecoin on Cardano, COTI Network, has reported receiving its first bundle of transaction fees from Djed's circulation. As the stablecoin distribution scheme suggests, the fees received in ADA were

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Bonk (BONK) Slumps 98%, Here’s Why Hype Ran Down So Fast

Bonk (BONK) Slumps 98%, Here’s Why Hype Ran Down So Fast

Solana-based meme coin sensation Bonk (BONK) has failed to keep up with its massive bullish momentum, with its price down 4.55% to $0.0000008447 over the past 24 hours. According to data from CoinMarketCap, BONK is

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XRP Is Not Security Even If Ripple Sells It as One, Here’s Why: CryptoLaw Founder

XRP Is Not Security Even If Ripple Sells It as One, Here’s Why: CryptoLaw Founder

Pro-Ripple lawyer John Deaton, the founder of CryptoLaw, has taken to Twitter to share an argument as to why XRP cannot be qualified as a security even if it was once sold as an investment

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Cardano-Based DJED Stablecoin Falls Below $1, Here’s Why

Cardano-Based DJED Stablecoin Falls Below $1, Here’s Why

Things have not gone exactly according to plan as the recently launched DJED stablecoin on Cardano has already lost its peg to the $1 benchmark, raising concerns among investors. However, there is no need to

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