Pink Drainer, a well-known group in the realm of crypto-draining, recently encountered a setback when it lost 10 ETH, valued at approximately $30,000, to an address poisoning scam. This type of scam involves perpetrators sending small amounts of cryptocurrency from a deceptive address that closely resembles the legitimate one, tricking the victim into sending funds […]
Category: News
The latest cryptocurrency industry news
Solana’s Q2 2024 financial report showcases a period of remarkable growth and expansion for the blockchain platform. In this quarter, Solana’s fees and revenue soared, generating over $26 million, a staggering increase of more than 42 times compared to the same period last year. This impressive growth highlights the platform’s rising adoption and the increasing […]
Q2 2024 witnessed some of the most significant crypto hacks and exploits, resulting in over $675 million in losses. A total of 15 major incidents were recorded, highlighting the persistent vulnerabilities within the crypto space. Among the targets were four crypto exchanges, one individual whale investor, and nine projects. The staggering total loss of $710 […]
Lending protocols have experienced a significant boost in active loans, adding approximately $5 billion year to date. Aave, the leading lending protocol by total value locked (TVL), accounts for $4.5 billion of this increase. Unlike the previous all-time high in 2021, new entrants Spark and Morpho have now secured positions in the top three, with […]
In a significant event for the cryptocurrency world, the Artificial Superintelligence Alliance (ASI) has initiated a rare and groundbreaking merger involving three prominent tokens. SingularityNET’s $AGIX and Ocean Protocol’s $OCEAN have joined forces with Fetch.ai’s $FET, marking the beginning of a new era of collaboration and strength in the decentralized finance space. The first phase […]
The $BAKED token was recently launched on DegenFund, with the developer wallet spending 11.82 $SOL to acquire 300.72 million $BAKED during the minting process. Additionally, 206.9 million $BAKED was added to liquidity. Within a second, 492.37 million $BAKED was snapped up by 19 wallets. Interestingly, the team and insiders hold a substantial portion of the […]
Layer 2 solutions continue to experience robust growth, playing a crucial role in driving mass adoption. On-chain metrics reveal increasing user traction, underscoring the potential of L2 networks. The number of transactions on leading Layer 2 networks—Arbitrum, Base, and Optimism—has quadrupled this year. This growth saw a significant boost in Q2, following the implementation of […]
Smart Money has been actively accumulating $wQUIL over the past 24 hours, propelling it to the top three on the accumulation chart, just behind $MAGA and $MKR. Significant purchases by Smart Dex Traders and Smart Money highlight this trend. Eight hours ago, wallet 0x64ba, with a win rate of 47.06%, bought 392.89K $wQUIL, valued at […]
The TRON network has established itself as a premier global payment and stablecoin platform, securing the second position in both total value locked (TVL) and on-chain stablecoin market cap. A significant driver of this success is TRC20-USDT, which is facilitating large-scale blockchain adoption and integration across various industries. TRON total accounts exceeded 240 Million! 🚀#TRON […]
In a shocking turn of events, the $DOREA token on Solana has been identified as the latest victim of a rug-pull, leaving investors reeling. Just seven hours ago, the wallet 3TQYN, presumably belonging to a developer, purchased 2.5 million $DOREA for $41,000. Four hours later, this wallet began offloading all its tokens, raking in $1.4 […]