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Study: Crypto Losses 28% Lower in May; Attackers Primarily Targeting Defi Platforms

Study: Crypto Losses 28% Lower in May; Attackers Primarily Targeting Defi PlatformsIn May, cybercriminals were less successful in their attacks on decentralized platforms, resulting in losses attributed to hacks and fraud incidents amounting to approximately $52.4 million. During the same period last year, digital assets worth $59.3 million were lost to similar attacks. Gala Games, which incurred a loss of $21 million, and Sonnefinance with $20 […]

Zeta Markets airdrops ZEX token, price leaps 132%

Shibarium’s New Checkpoint Mechanism Cuts Ethereum Bridging Time

Shibarium’s New Checkpoint Mechanism Cuts Ethereum Bridging TimeThe Shiba Inu (SHIB) network development team has dramatically improved the Shibarium network, according to a post from the Shibarium network’s X account. The work reduces the token bridging time to Ethereum from seven days to roughly 45 minutes, aiming to enhance Shibarium’s operational efficiency and the overall user experience. This was accomplished by introducing […]

Zeta Markets airdrops ZEX token, price leaps 132%

Binance Research Says Resurgence of Capital Arriving Back to Crypto Markets – Specifically One Sector

Binance Research Says Resurgence of Capital Arriving Back to Crypto Markets – Specifically One Sector

The level of capital flowing into the crypto space has grown by double digits since the start of the year, according to the research arm of Binance digital assets exchange. In a new report, Binance Research says that the “resurgence of markets is here” with decentralized finance (DeFi) being one of the major beneficiaries. “Notably, […]

The post Binance Research Says Resurgence of Capital Arriving Back to Crypto Markets – Specifically One Sector appeared first on The Daily Hodl.

Zeta Markets airdrops ZEX token, price leaps 132%

Liquid Staking Derivatives See 110,000 ETH Inflow Over 12 Days

Liquid Staking Derivatives See 110,000 ETH Inflow Over 12 DaysWhile liquid staking protocols experienced a brief period of withdrawals, the past 12 days have seen liquid staking derivatives (LSDs) platforms gain 110,000 ether valued at $417.59 million. Swell Experiences Decline as Lido and Others See ETH Increases In the realm of decentralized finance (defi), liquid staking derivatives (LSDs) have finally recorded positive deposits after […]

Zeta Markets airdrops ZEX token, price leaps 132%

Indian Central Bank RBI Warns Retail Investors of Crypto’s Lack of Accountability and Stability

Indian Central Bank RBI Warns Retail Investors of Crypto’s Lack of Accountability and StabilityThe Reserve Bank of India (RBI)’s May 2024 bulletin warns retail investors that “the crypto ecosystem lacks accountability and stability and is marked by regulatory ambiguity.” The Indian central bank also cautioned that some cryptocurrency systems may be “prone to crisis without safeguards.” RBI Bulletin’s Crypto and Defi Warnings India’s central bank, the Reserve Bank […]

Zeta Markets airdrops ZEX token, price leaps 132%

Dfinity Senior Scientist: Bitcoin’s Next Significant Wave of Innovation Will Revolve Around DAOs

Dfinity Senior Scientist: Bitcoin’s Next Significant Wave of Innovation Will Revolve Around DAOsAfter the introduction of ordinals, BRC-20 tokens, and more recently, Runes, the next significant wave of innovation on Bitcoin will revolve around Decentralized Autonomous Organizations (DAOs). Aisling Connolly, the Senior Research Scientist at the Dfinity Foundation, has asserted this. He stated that the technology, which is now well-suited to support DAOs and the more mature […]

Zeta Markets airdrops ZEX token, price leaps 132%

Zest Protocol Co-founder: Adding New Programming Capabilities Could Propel BTC’s Defi Ecosystem Beyond ETH’s

Zest Protocol Co-founder: Adding New Programming Capabilities Could Propel BTC’s Defi Ecosystem Beyond ETH’sAccording to Tycho Onnasch, co-founder of Zest Protocol, new programming capabilities which can be added to Bitcoin could help the leading crypto asset cancel out Ethereum’s early advantage of being able to deploy decentralized finance (defi) on Layer one (L1). Onnasch argued that once enough Bitcoin Layer two solutions (L2s) are deployed and trusted by […]

Zeta Markets airdrops ZEX token, price leaps 132%

Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield

Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World YieldOn May 21, 2024, Hex Trust Group announced the introduction of a native stablecoin, USDX, for the Flare network. Hex Trust also revealed that a Clearpool vault, enabling holders to earn a real-world yield, will debut alongside USDX. Hex Trust’s USDX Stablecoin and Clearpool Vault Aim to Enhance Flare’s Defi Ecosystem Founded in 2018, the […]

Zeta Markets airdrops ZEX token, price leaps 132%

Top Defi Tokens See Double-Digit Gains as Ethereum Soars

Top Defi Tokens See Double-Digit Gains as Ethereum SoarsAmid ethereum’s value increase, the decentralized finance (defi) ecosystem has significantly benefited from ether’s double-digit growth. Leading defi tokens by market capitalization rose by 14.8% over the past day, and the total value locked (TVL) in defi exceeded $100 billion in the last 24 hours. Defi Protocols and Tokens Benefit From Ethereum’s Meteoric Rise The […]

Zeta Markets airdrops ZEX token, price leaps 132%

Value Locked in Defi Nears $100B Range Again After $11.89B Increase in 35 Days

Value Locked in Defi Nears 0B Range Again After .89B Increase in 35 DaysOver the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $11.89 billion, recovering from a low of just over $83 billion on April 13. Although it has not yet reached the $100 billion mark, the value locked in defi is approaching that milestone after hovering just below it. […]

Zeta Markets airdrops ZEX token, price leaps 132%