Balancer Labs Suffers $970k Exploit After Vulnerability Discovered

Balancer Labs, a non-custodial portfolio manager, liquidity provider, and price sensor, recently experienced a massive vulnerability affecting several of its lending pools. After the exploit was discovered, Balancer devs published a warning to its users, noting that certain pools had already been marked as safe and promising a post-mortem of the situation as soon as […]

Team Behind Pepe Memecoin Issues Statement After Large Transfer of Coins

Pepe, the memecoin that has taken crypto markets by storm this year, has recently experienced a large transfer of coins that has caused a price correction. According to a statement from the Pepe community leader, all founding members except one anonymous entity have sold their stake and abandoned the project. The lone team member has […]

Balancer Vulnerability Leads to $164M TVL Drop

Balancer, an Ethereum-based decentralized exchange, has confirmed that its V2 pools were exploited for an undisclosed sum. The protocol revealed that its mitigation procedure was able to minimize the impact of the exploit, but users are advised to withdraw their funds from the affected pools to prevent further attacks.According to DeFillama data, Balancer’s Total Value […]

Launchpad XYZ Raises Over $1.4 Million in Presale as Wall Street Memes Launches High-Yield Staking Protocol

Wall Street Memes (WSM) and Launchpad XYZ (LPX) are two low-cap cryptos gaining traction recently. WSM and LPX are both in the midst of successful token presales, with LPX having raised over $1.4 million and offering a limited-time 20% bonus for presale participants. WSM and LPX have both attracted attention from the influencer community, with […]

Friend.tech’s Explosive Rise and Fall: A Cautionary Tale for Decentralized Platforms

Friend.tech, a social media platform that initially gained attention for its rapid growth, has been hit hard by a sharp decline in crucial metrics, leading many to question its viability in a competitive landscape. The platform’s success was short-lived, as daily transaction fees and volumes plummeted by more than 87% and 90%, respectively.The bots that […]

Crypto Exchanges Exclude Sanctioned Russian Banks from Payment Options

At least two major crypto exchanges, ByBit and OKX, have followed Binance in excluding Russian banks under international financial sanctions from their payment options. Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on these exchanges. According to Russian media, local users can no longer receive fiat money in exchange […]

Bitcoin Price Stalls Below $26,000 as Altcoins Suffer Losses

Bitcoin’s price has been stagnant for the past month, with only a brief surge on August 17th that saw the asset plummet by 10% to a two-month low of $25,300. After a brief recovery, the asset has been trading just below $26,000. Most altcoins have also seen minor daily losses, with XRP, ADA, DOGE, and […]

Spurdo Token Surges in Popularity, Investors Speculate Bull Run

Spurdo, a recently launched memecoin, has experienced a remarkable price surge, reaching a market capitalization of approximately $2.9 million. Despite lacking substantial information, a roadmap, or a clear purpose, the project has managed to attract a sizable audience. This has led to speculation that a bull market might be on the horizon.The project has seen […]

Shares.Finance Token Surges 30% in Two Days, Sparking Investor Interest

Shares.Finance is a project that seeks to revolutionize the concept of ownership and value sharing. It combines blockchain technology with everyday functions to create unique “shares” that can be bought and sold by influencers and businesses, similar to traditional stocks. These shares can even bring rewards, like discounts. The project has recently gained traction, with […]

BitBoy Crypto Founder Ben Armstrong Parts Ways Amid Speculation

Ben Armstrong, the influential figure behind BitBoy Crypto, has reportedly left the company, leaving the crypto community in speculation. According to a screenshot shared by Bitcoin author “Jason A. Williams on X, Armstrong’s exit from Hit Network/BJ Investment Holdings and all its subsidiary brands, including BitBoy Crypto and Around The Blockchain,” is effective immediately. Armstrong […]