Shiba Inu (SHIB) has witnessed a remarkable surge in token burns during the month of March, resulting in the removal of billions of tokens from circulation. The data indicates that over 15.5 billion assets were destroyed, with a significant spike occurring on March 8 when nearly 14 billion SHIB tokens were sent to a null
Decentralized Finance
The hacker who stole $11.6 million from Prisma Finance’s decentralized finance (DeFi) protocol has claimed that the exploit was a “whitehat rescue” in on-chain messages. This term refers to hackers who use their skills to find security vulnerabilities in software code. The attacker sent a message six hours after the hack, stating that the intention
The future of decentralized finance (DeFi) is here! Discover how DeFi is revolutionizing finance with blockchain technology, increasing transparency, and empowering individuals. Explore the advantages, current state, and future trends of DeFi in this informative article.
The decentralized finance ecosystem within XRP has taken a significant step forward with the integration of automated market maker (AMM) functionality. Recent reports from XRPScan indicate that the introduction of AMM features has resulted in the creation of the first liquidity pools within a matter of minutes. These pools are now holding substantial amounts of
The future of decentralized finance (DeFi) is here, and it's revolutionizing the way we think about money. Explore the exciting advancements and innovative technologies in DeFi that are creating a more accessible and inclusive financial system. Get ready for a wild ride into a new era of financial freedom.
Solana’s native meme coin, SHARK, has recently gained significant attention and traction in the cryptocurrency market. Launched only two days ago, SHARK has experienced a rapid surge in its price, climbing to an all-time high of $0.016. The initial listing on Solana DEX markets saw a remarkable pump of +9,400% in the first hour, attracting
In a surprising move earlier this year, Binance, the world’s leading cryptocurrency exchange, spun off its venture capital and incubation arm, Binance Labs. The website of Binance Labs now clearly states that it operates independently and is no longer part of the Binance Group. This significant development occurred during CEO Richard Teng’s four-month tenure and
The highly anticipated Dencun upgrade for the Ethereum (ETH) ecosystem is set to revolutionize Layer 2 (L2) networks by bringing about significant cost reductions and introducing new features. Scheduled for March 13, this update will introduce a new data storage system called blobs, aiming to reduce congestion on the Ethereum network and enhance various key
After a significant drop in Cardano (ADA) value, Dan Gambardello, a well-known crypto analyst, has shared his thoughts on the implications of this setback for the broader cryptocurrency bull market. Gambardello sees this pullback as a positive sign, drawing parallels to historical patterns that could indicate a bullish market for ADA. He highlighted the similarities
Golden Inu (GOLDEN) token has been making waves in the cryptocurrency market recently, attracting a mass migration of Shiba Inu (SHIB) loyalists. The project has promised an array of developments including a play-to-earn game, a crypto ecommerce platform, and its own crypto exchange in the coming years. MexC, a top 10 crypto exchange, recently listed