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EdgeX Blames Outsider for EDGE Token Crash as ZachXBT Alleges Insider Manipulation
Decentralized exchange edgeX has attributed a more than 40% collapse in its EDGE token to ‘deliberate’ market manipulation by an unnamed external party, a claim that onchain investigator ZachXBT has dismissed.Data from CoinMarketCap shows…
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ZachXBT Slams EdgeX After Sudden Token Collapse
The crash unfolded amid rising DeFi security concerns following recent exploits across bridges and liquidity pools.
The EDGE token collapsed to an all-time low of around…
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Radiant to Wind Down After Failing to Recover From 2024 Hack
Crypto lending protocol Radiant Capital says it will start closing down as it failed to establish a “viable path forward” after North Korea exploited it for $50 million in October 2024.Radiant’s decentralized autonomous organization said in…
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Ethereum Metrics Strong, Price Lags
Standard Chartered says Ethereum’s network activity remains close to record levels even as Ether (ETH) trades far below last year’s highs, arguing that the gap between usage and price could eventually narrow.Ethereum’s internal metrics,…
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Over 1,400 Liquidity Providers Hit in $7.3 Million DxSale Exploit
A security analyst suggested that DxSale's old locker contract may have contained an unverified backdoor vulnerability.
More than 1,400 liquidity pools tied to old…
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Memecoin Platform DxSale Drained for $7.3M Across 1,400 LPs
Memecoin launch platform DxSale was drained of $7.3 million in funds in a cyberattack that affected around 1,400 liquidity providers (LPs) on the BNB Chain. The attacker's address "0xC457" transferred $1.87 million worth of BNB (BNB) tokens…
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Aave Secures FCA Approval for UK Crypto Operations
Despite the regulation milestone, AAVE token prices remained under pressure alongside the rest of the crypto market.
Aave Labs announced on May 28 that its two…
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Kraken Launches Bitcoin Yield Product
Crypto exchange Kraken has launched a non-custodial Bitcoin product, giving a 2.5% yearly yield, adding to the company’s yield product offerings amid a rising investor demand for crypto reward products.Kraken unveiled the product on…
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Ondo Finance Founder Nathan Allman Dies Unexpectedly at 32
Allman was a vocal proponent of blockchain-based technology and elevated the sector of RWAs to new heights.
Founder and CEO of Ondo Finance, Nathan Allman, has died…
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Kelp DAO Says rsETH Fully Restored 5 Weeks After Hack
Ethereum liquid staking protocol Kelp DAO says its restaked Ether token has been restored with a five-week recovery effort after the protocol suffered a $293 million exploit by North Korea’s Lazarus Group on April 18.Kelp DAO posted to X on…
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