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TLDR: LayerZero Labs is donating 5,000 ETH and depositing another 5,000 ETH into Aave to strengthen market liquidity. The $292M Kelp DAO exploit involved an RPC-poisoning attack that forged cross-chain messages via…
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Ether (ETH) analysts have mapped out key ETH price levels to watch over the next few weeks, with a focus on the $2,000 psychological level.Key takeaways:Dropping below the 200-day simple moving average at $2,220 could confirm more downside…
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As an increasing number of users seek easier ways to earn cryptocurrency rewards without the need to purchase expensive mining hardware, the popularity of free Bitcoin and Litecoin cloud mining applications has risen significantly in…
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RedStone, a decentralized oracle provider, has launched a new settlement layer for decentralized finance, aiming to make tokenized real-world assets (RWAs) usable as collateral in lending protocols.The system, called RedStone Settle, is…
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Recovered tokens will be sent to a DeFi United multisig wallet, redeemed for ETH, and used to cover the shortfall across affected markets. Aave has announced a recovery…
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The Aave-linked recovery group DeFi United has published a technical implementation plan to restore rsETH backing after the April 18 Kelp bridge exploit released 116,500 rsETH, worth about $293 million at the time, without a corresponding…
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BitMine Immersion Technologies, the Ether treasury company backed by Fundstrat’s Tom Lee, has expanded its ETH holdings for the second time in as many weeks, even as large unrealized losses underscore the strategy’s risks.The company said…
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Key points:Bitcoin continues to face resistance near $79,500, but the trajectory remains up as long as the price holds above $76,000.Most major altcoins are not showing any directional bias, suggesting a near-term consolidation.Bitcoin…
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Ether (ETH) fell 3.4% to $2,287 on Monday, after its fourth rejection at the $2,400 level since April 14. The price continues to trade below the 100-day moving average, with over $2.5 billion in liquidation risk concentrated near the $2,150…
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A security incident disrupted Scallop’s Sui rewards pool recently. Fortunately, however, the damage was contained within a narrow contract layer. The exploit drained about 150K SUI, which pointed to a vulnerability in a side module…
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