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Top 10 Crypto Ecosystems See Significant Development Growth: A Look Ahead

In the past year, the top ten ecosystems in cryptocurrency have all increased their development rates, signaling a promising future for the sector. The notable rise in GitHub events across these ecosystems reflects strong ongoing innovation: 1. Optimism: +45.6% Increase 2. Avalanche: +20.3% Increase 3. Arbitrum: +16.6% Increase 4. Solana: +14.1% Increase 5. Harmony: +10.1% […]

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Sui Blockchain Launches Bridge For Ethereum, Boosting Cross-Chain Connectivity

On September 30, the Sui blockchain introduced a new bridge that allows Ethereum (ETH) users to transfer assets to Sui, a Layer 1 network. This bridge enhances interoperability between Ethereum and Sui by facilitating seamless transactions, a major development in blockchain technology. Before this, Wormhole was the primary means for transferring assets between the two […]

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Grandbase_fi Suffers Major Security Breach: $GB Token Value Plummets Over 99%

Today, grandbase_fi encountered a severe security breach when their deployer’s wallet fell victim to unauthorized access, enabling the attacker to mint $GB tokens on BASEChain. This breach resulted in unauthorized transactions that triggered a staggering decline in the value of the token, with prices plummeting by over 99%. According to reports from @CyversAlerts, the hack […]

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Arbitrum: Driving Growth In DeFi’s Total Value Locked (TVL)

In the realm of decentralized finance (DeFi), Total Value Locked (TVL) serves as a pivotal metric, encapsulating the value of assets secured within DeFi protocols and smart contracts. It’s a yardstick widely used to measure the popularity and adoption of various DeFi platforms. Arbitrum, an Ethereum Layer 2 scaling solution, has emerged as a key […]

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Cryptocurrency Trading Volume Reaches $288 Billion In Past Week, Shows Santiment Data

Over the last seven days, cryptocurrency trading has amounted to a staggering $288 billion across 2,842 tracked assets, according to Santiment data. This reflects a notable 22% decrease compared to the previous week. 📊 The past 7 days of #crypto trading volume has totaled $288B, according to our 2,842 tracked assets. This is a -22% […]

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Celsius Faces Challenges After Bankruptcy Filing: Losses, Lawsuits, And Asset Transfers

In a significant turn of events, Celsius, the cryptocurrency loan company, filed for bankruptcy on July 13, 2022, after reporting a substantial $1.2 billion loss on its balance sheet. Following this, a reorganization plan was adopted by creditors in September 2023, providing custodial account owners with 72.5% of their interests in Bitcoin and Ethereum. The […]