On December 1, 2023, at 4 AM UTC, Clipper, a decentralized exchange (DEX), faced a significant security breach that specifically targeted its liquidity pools on the Optimism and Base chains. This incident highlights the vulnerabilities still present in the DeFi space, revealing that even well-developed platforms are not immune to attacks. Chaofan Shou, co-founder of
Crypto
XRP has recently captivated the attention of traders and investors alike with a remarkable price increase that has taken it to heights not seen in nearly seven years. Doubling in value in a mere week, XRP has surged past significant milestones, including breaching the $2 mark and achieving a new peak of $2.5. This drastic
In the fast-paced world of cryptocurrency, few platforms have captured attention like Pump.fun. Launched in early 2024 on the Solana blockchain, this launchpad quickly became a magnet for meme coin enthusiasts, driving an impressive volume of investment. By the third week of November, Pump.fun achieved a staggering revenue of $33.83 million, marking its highest earnings
In a significant development in the world of cryptocurrency, Japanese exchange DMM Bitcoin has announced that it will cease operations by March 2025, a decision triggered by a catastrophic hack that resulted in losses exceeding $300 million. This situation highlights the vulnerabilities in digital asset security and raises urgent questions about the safety measures employed
Base, an innovative Ethereum Layer 2 solution incubated by Coinbase, has emerged as a powerhouse in the crypto landscape since its mainnet launch on August 9, 2023. The growth of Base has been both impressive and unprecedented, reflecting not only heightened adoption but also a strategic positioning within the broader blockchain environment. A recent analysis
In recent days, Cardano (ADA) has demonstrated a remarkable ability to navigate market fluctuations, maintaining its position among the top ten cryptocurrencies by market capitalization. Despite experiencing a temporary dip, ADA rebounded significantly, posting a gain of over 7% in just a single day. This resurgence aligns with the broader bullish trends witnessed across the
Ethereum has recently exhibited notable strength, particularly following its successful test of the $3.5K support level. This technical rebound marks a critical point in its price trajectory, suggesting a renewed bullish sentiment among investors. As the cryptocurrency gears up to confront the significant resistance at $4K, it faces potential fluctuations as the market grapples with
In recent weeks, the cryptocurrency known as Shiba Inu (SHIB) has drawn attention for its stagnation amidst a volatile crypto market. For a considerable period, it appeared to be sluggish, hovering around the $0.000025 mark. However, a remarkable upswing occurred that has once again stirred the interest of investors and enthusiasts alike, propelling SHIB to
The rapidly evolving landscape of cryptocurrency ownership has sparked a considerable shift in financial behaviors, particularly among low-income households. The surge in crypto investments that nearly tripled from 2020 to 2021, as per analyses by economists at the United States Treasury, offers a lens through which we can examine the multifaceted impacts of cryptocurrency on
In the dynamic landscape of private market investments, SecondLane recently made headlines by listing a 1% equity stake in the meme coin trading platform, Pump.fun, for a staggering $15 million. This move raises Pump.fun’s fully diluted valuation to an impressive $1.5 billion, marking it as a significant player within the rapidly evolving crypto space. Users
