Within a Single Month, USDC’s Market Cap Lost 23% Key Points: Since the beginning of the month, USDC’s market capitalization has decreased significantly. There were also declines in other stablecoins like BUSD. In recent times, USDT is the “most stable” stablecoin. With the instability related with the breakdown of crypto banks over the course of…
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MetaMask may offer users an airdrop Key Points: MetaMask is devising an airdrop strategy by taking a snapshot of user transactions. Users must conduct transactions on the dApp in order to participate in the airdrop. To participate in the airdrop, you must have at least four txns and a $1,000 volume. The crypto community…
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Key Points: The BNB chain-based exchange Safemoon has been compromised. The majority of SFM tokens in the Safemoon liquidity pool could be burned by an exploiter, artificially raising the token’s price and allowing the contract’s WBNB to be depleted in a single transaction. The update was started by the deployer contract, which raised the possibility…
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Derivatives always have a higher trading volume than crypto market spots due to leverage and hedging. However, derivative goods flourish and account for significant trade volumes on centralized exchanges (CEX). Decentralized exchanges (DEXs) continue to face a number of obstacles, including fluctuating gas costs, low liquidity, the possibility of liquidation, and the low number of…
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The Ethereum Shanghai Upgrade is a significant milestone in the ongoing effort to improve the platform’s scalability and efficiency, making it a pivotal moment in the history of the Ethereum network. It has become increasingly evident that the existing infrastructure was not designed to handle the scale and complexity of the demands placed on it…
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Anyone who wants to buy, sell, or hold Syscoin should use Syscoin Wallet because it makes it easy and secure to manage their holdings. What is Syscoin Wallet? Syscoin Wallet is a digital wallet used to store, manage, and transfer Syscoin, which is a decentralized cryptocurrency. Syscoin Wallet allows users to send and receive…
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Key Points: The attacker gave Euler Finance 51,000 ether, which is about $89 million, but there are still some Ethers in the exploiter’s account. For the return of 90% of the stolen funds, Euler Finance offered the assailant a 10% (or $19.7 million) bounty. The Euler exploiter recently returned $89 million in Ether to Euler…
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Key Points: By the end of 2022, BitDeer, a subsidiary of former Bitmain co-founder Jihan Wu, announced that it had increased the capacity of its Texas facility to 562 MW. The capacity of half a gigawatt has supported a variety of business models across three main segments: Storage, hash rate sharing, and proprietary mining With…
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Key Points: Due to the unstable financial situation and monetary policies, the cryptocurrency market shows signs of a slight decline. The concern that Deutsche Bank’s bankruptcy will spread to other banks receives feedback from investors. Shares fell 14% as a result of the financial services giant Deutsche Bank’s debt insurance costs skyrocketing to a four-year…
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Key Points: The existence of a digital token and library on the e-commerce platform has been confirmed by the e-commerce giant Amazon. The email gives new information about Amazon’s plans to expand Web3 and suggests where these new tools might be on the platform. The e-commerce giant’s embrace of NFT may be a significant step…
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