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DeFi – Page 3 – BitcoTasks BLOG
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Over 33 Million ETH Staked As Spot Ethereum ETFs Roll Out: Up Next $4,000?

Ethereum

Ethereum is outperforming Bitcoin at spot rates, holding firm above the support zone between $3,000 and $3,300. Although prices retraced yesterday, with the July 29 bar closing with a long upper wick pointing to weakness, ETH holders are upbeat, expecting gains above $4,000. Roughly 30% Of All ETH Staked, Validators Stand At Over 1 Million…

Over 33 Million ETH Staked As Spot Ethereum ETFs Roll Out: Up Next $4,000? Read More »

$25 Million Drained From Compound (COMP) Treasury In Latest Governance Exploit Incident

Cryptocurrency Market News

The Compound Finance (COMP) treasury has been drained of $25 million in a recent governance attack, raising alarms about the state of decentralized governance in the decentralized finance (DeFi) ecosystem. Compound DAO Hijacked According to researcher DeFi Ignas, the attack began with an initial proposal to grant 92,000 COMP tokens, submitted without prior discussion on…

$25 Million Drained From Compound (COMP) Treasury In Latest Governance Exploit Incident Read More »

Helium (HNT) Rockets In Value With 41% Rally – Here’s Why

Cryptocurrency Market News

Some altcoins today are seeing a strong and consistent bullish attitude with their traders, and Helium is one of those. The latest market data shows that the token is up nearly 41% since last week.  This is largely sustained by continuing efforts to make the network robust and usable in everyday life. Its entry into…

Helium (HNT) Rockets In Value With 41% Rally – Here’s Why Read More »

Goldman Sachs Embraces Crypto With Three New Initiatives In The Pipeline

Cryptocurrency Market News

To capitalize on the growing interest in the crypto industry, banking giant Goldman Sachs is preparing to enter the tokenization sector, with three offerings expected to launch later this year.  Goldman Sachs Aims To Capitalize On Tokenization Trend According to a Fortune report, Mathew McDermott, Global Head of Digital Assets at Goldman Sachs, revealed the…

Goldman Sachs Embraces Crypto With Three New Initiatives In The Pipeline Read More »

‘Crypto Winter’ Arrives Early For The Altcoin Market As Venture Capital, Founder Selloffs Mount

Altcoin

The altcoin market is experiencing an early “crypto winter” as initial investors and founders of various projects sell off their tokens.  According to a recent Bloomberg venture capitalists (VCs) and founders, as well as the selling pressure caused by the correlation between altcoins and major network tokens. Altcoin Market Hit By Token Unlock Wave As…

‘Crypto Winter’ Arrives Early For The Altcoin Market As Venture Capital, Founder Selloffs Mount Read More »

Uniswap A Retailer’s Hub? Average Trade Sizes Fall From $30,000 to $1,000 In 2 Years

Uniswap

Crypto and some key sub-sectors, like decentralized finance (DeFi) or non-fungible token (NFT) trading or minting, remain dynamic. While activity is highly influenced by price, other changes are settled not by how prices gyrate but by time. Uniswap Users Are Increasingly Posting Small Trade Sizes Events in Uniswap, a leading decentralized exchange (DEX) on Ethereum,…

Uniswap A Retailer’s Hub? Average Trade Sizes Fall From $30,000 to $1,000 In 2 Years Read More »

CertiK Faces Fallout After Confessing $3 Million Heist From Kraken, What’s Next?

Breaking News Ticker

Cryptocurrency exchange Kraken has announced that it has fallen victim to a major security flaw that has resulted in the theft of $3 million worth of digital assets. However, in a surprising turn of events, the party responsible has been identified as CertiK. This blockchain security firm claims to have initially reported the bug through…

CertiK Faces Fallout After Confessing $3 Million Heist From Kraken, What’s Next? Read More »

BitMEX Co-founder Backs Meme Coins: A Boon For Dogecoin, Shiba Inu, PEPE?

Meme Coins

Meme coins, the once-dismissed “joke” tokens, are rapidly solidifying their position in the multi-trillion-dollar scene. According to CoinMarketCap, meme coins now command a cumulative market cap of over $45 billion. Interestingly, they are on an upward trajectory as thousands of meme coins are minted predominantly on top platforms like Solana, Ethereum, and Base. Analysts and…

BitMEX Co-founder Backs Meme Coins: A Boon For Dogecoin, Shiba Inu, PEPE? Read More »

Breakout Alert! Chainlink (LINK) On Verge Of Major Surge, Analyst Says

Cryptocurrency Market News

After a period of consolidation, Chainlink (LINK), the oracle network powering decentralized applications (dApps), is exhibiting signs of a potential breakout. This bullish sentiment comes amidst a broader recovery in the cryptocurrency market, with Bitcoin regaining its footing above the crucial $65,000 support level. Technical Indicators Look Verdant Renowned crypto analyst Jonathan Carter is among…

Breakout Alert! Chainlink (LINK) On Verge Of Major Surge, Analyst Says Read More »

Cardano and MultiversX Attend Launch Of Web3 Initiative In Geneva With Launch of Lightningbox

Cardano

Blockchain services provider STORM Partners made a major Web3 Sandbox, and relocated its headquarters from Montreux to Geneva.  The initiative aims to enable large enterprises in Europe to harness the potential of blockchain technology and lead their digital transformation efforts. STORM Partners Joins Cardano (ADA) To Accelerate Blockchain Adoption The Lightningbox initiative seeks to facilitate…

Cardano and MultiversX Attend Launch Of Web3 Initiative In Geneva With Launch of Lightningbox Read More »

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