SuiNetwork, a decentralized Layer 1 blockchain, is making waves with its promise of fast and cheap transactions. Developed by Mysten Labs, Sui is designed to make Web3 secure and reliable for everyone. The team behind Mysten Labs includes several former members of Meta’s Novi digital wallet program, with Even Cheng serving as CEO. Backed by […]
Author: Will Izuchukwu
$DEAI, a raising star in the decentralized AI space, is showing significant movement with its Fully Diluted Valuation (FDV) surpassing $290 million and a market cap of $28 million. A recent announcement from Zero1 Labs has fueled a 25% surge in $DEAI’s price over the past 24 hours. Several key factors are driving this growth: […]
IoTeX, a layer 1 blockchain optimized for Decentralized Physical Infrastructure Networks (DePIN), is becoming a pivotal narrative in the current cycle, boasting a market cap exceeding $20 billion. According to intotheblock, IoTeX provides a robust and open modular infrastructure for DePIN projects, equipped with a comprehensive suite of tools to develop fully decentralized and interoperable […]
Just hours after Solana surpassed BNB Chain in market capitalization, BNB Chain has reclaimed its position as the world’s fourth-largest cryptocurrency. The rapid flip in rankings underscores the volatility and fierce competition within the crypto market. Adding to the excitement, the top MEMEcoin on BNB Chain, $WHY, has reached new highs. The token now boasts […]
Investors are urged to steer clear of Sorta Finance on Arbitrum amid strong indications of an impending exit scam. The protocol recently deactivated its Sorta Finance X account, raising serious red flags about its legitimacy. This scammer has a notorious history, previously stealing over $25 million through various scams, including Magnate, Kokomo, Lendora, Solfire, Crolend, […]
Babylon’s staking protocol, designed to support multiple chains, is making waves with its ambitious plans to implement restaking on Bitcoin. While restaking on Ethereum has been explored by teams like @eigenlayer and @symbioticfi, Bitcoin’s lack of smart contracts poses significant challenges. However, the substantial market presence of Bitcoin, which comprises over 50% of the industry’s […]
Layer 2 project Zircuit has successfully completed its Mainnet funding round, securing investments from prominent names such as Mirana Ventures, Amber Group, Nomad Capital, and Robot Ventures. This new funding will enable Zircuit to accelerate the growth and activity of its ecosystem. Founded in 2022, Zircuit has already made significant strides, boasting a Total Value […]
Indian cryptocurrency exchange WazirX has paused all trading activities following a massive $230 million hack. Based on @zachxbt's feedback, we have increased the White Hat Recovery reward to 10%, i.e., up to $23 Million. We invite white hat hackers, blockchain forensics experts, and cybersecurity professionals from around the world to join this critical mission and […]
Gods Unchained, a free-to-play tactical card game that grants players true ownership of their in-game items, is making waves in the gaming and cryptocurrency communities. The game’s native token, $GODS, has experienced a remarkable surge, increasing by over 140% from its October 2023 low this month. According to data from @Intotheblock, 42% of $GODS holders […]
LIFI Protocol (@lifiprotocol) recently fell victim to a significant attack, resulting in a loss of approximately $9.7 million. The stolen assets included 6,335,889 USDT, 3,191,914 USDC, and 169,533 DAI. These funds were swiftly converted into 2,857 ETH ($9.7 million) and dispersed across multiple wallets. LIFI(@lifiprotocol) was attacked and lost $9.7M!🚨 Including 6,335,889 $USDT, 3,191,914 $USDC […]