Last night, decentralized finance (DeFi) platform @RDNTCapital fell victim to a significant security breach that resulted in a massive loss of funds from its markets. The attack targeted the platform’s multisig wallet, which is responsible for critical tasks such as contract upgrades and transferring funds. The wallet, identified as 0x111ceeee040739fd91d29c34c33e6b3e112f2177, operates on a multisignature model […]
Tag: Crypto
The meme coin market is buzzing this week, with its total market cap soaring to $47 billion—a notable 17.86% increase in just seven days. This impressive growth has outpaced many other sectors in the cryptocurrency space, with most of the top 20 meme coins trending upwards. Market Overview The meme coin market cap now stands […]
The crypto market remained mostly flat in Q3 2024, with the total market cap ending the quarter at $2.33 trillion, reflecting a slight 1% drop. Despite this, the quarter was marked by volatility due to external factors, such as the Federal Reserve’s rate changes and Japan’s surprising rate hike. Here are the most notable insights […]
The AI boom is undeniable, with tens of billions of dollars pouring into startups over the past year. Leading the charge is OpenAI, which recently raised $6.6 billion, pushing its valuation to a staggering $157 billion—over 10 times the fully diluted value (FDV) of $TAO. OpenAI has transitioned from a research lab into a product-driven […]
Justin Sun: The Airdrop Hunting Tycoon
Justin Sun has emerged as one of the most accomplished airdrop hunters in the crypto world, employing a strategy that allows him to earn millions with minimal effort. As of February, Sun’s net worth was estimated at around $1.5 billion, but with the recent market surge and his growing influence, it’s likely his assets have […]
The CoinMarketCap (CMC) Q3 report reveals significant shifts in the crypto landscape. Bitcoin’s dominance surged to a two-year high of 56.8%, its highest level since April 2021, while the total stablecoin market cap hit an all-time high (ATH) of $160 billion, 2.5 times higher than April 2021 levels. Despite a slight dip in the global […]
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 […]
The recent performance of SPX has been nothing short of extraordinary. Over the past 30 days, SPX 6900 has seen consistent gains, which is an uncommon trend in the market, demonstrating heightened investor optimism. The stock has surged by an astonishing 1,500% in just one month, showcasing its growing appeal. Whale Wallets Acquires 3.62 Million […]
As the fourth quarter approaches, AI tokens are experiencing a significant surge, with the AI sector recording an impressive average gain of 31.4%. Decentralized AI projects such as Commune AI, Zero1 Labs, and Delysium have particularly stood out, showing substantial growth in recent weeks. AI tokens soar as Q4 approaches! AI sector outperforms with 31.4% […]
TAO’s price has recently experienced a significant increase, largely driven by the activity of Smart Money (SM) and Smart Dex Traders (SDTs). Analyzing data over the past three months, we can see that $wTAO has become the most accumulated token by Smart Money, with an impressive total of $18.63 million. This indicates a strong buying […]