defi
The token issuance platform pump.fun on Solana has been hacked, resulting in numerous memecoins issued from the platform being siphoned by the hacker. Token Issuance Platform Pump.fun on Solana Hacked On-chain information reveals that the token issuance platform pump.fun has been attacked. The exploited vulnerability appears to
defi
Pump.fun, a token issuance platform on Solana, has identified a former employee as the perpetrator behind a recent cyber attack, resulting in a loss of $1.9 million. The project has announced a compensation plan for affected users. Former Employee Hacks Pump.fun, Steals $1.9 Million Pump.fun
defi
MakerDAO has announced plans to launch PureDai, a fully decentralized stablecoin, as a replacement for the current DAI, utilizing ETH and stETH as collateral. MakerDAO Plans to Launch New Fully Decentralized Stablecoin "PureDai" to Replace DAI Rune Christensen, the founder of MakerDAO, revealed on Twitter the plan to
defi
PancakeSwap, a leading decentralized exchange (DEX) on the BNB Chain ecosystem, has announced plans to reimburse up to $8 million in interface fees paid by traders on the rival platform Uniswap. PancakeSwap Challenges Uniswap with $8 Million Interface Fee Reimbursement On the evening of May 16, 2024, PancakeSwap announced a
defi
Drift Foundation has officially launched the DRIFT token and opened the claim portal for a 120 million token airdrop, including a 2% bonus reward. Drift DEX on Solana Opens Claim Portal for DRIFT Token Airdrop with Bonus Drift Foundation, the organization managing the decentralized derivatives exchange (DEX) on Solana, launched
defi
Leading liquid staking project Lido and top crypto investment firm Paradigm are reportedly investing in Symbiotic, a new restaking protocol aiming to challenge the dominance of EigenLayer. Lido and Paradigm Invest in Symbiotic - A Competitor to EigenLayer in Restaking According to CoinDesk, the co-founders of the DeFi protocol Lido,
defi
Liquity introduces a new stablecoin, BOLD, in its upcoming V2 upgrade, set to launch in Q3 2024. BOLD is the first stablecoin enabling users to set their own loan interest rates. Liquity V2 Launches BOLD, First Stablecoin Allowing Users to Adjust Loan Interest Rates On the evening of May 14,
NFT & GameFi
Crypto game Pixels has achieved a milestone of 1 million daily users, surpassing other Web3 games. The developers behind the Web3 electronic game Pixels announced that the game has surpassed 1 million daily active users. This is a significant milestone as most blockchain games currently only have tens of thousands
NFT & GameFi
News Pudgy Penguins, one of the top ten NFT collections by trading volume, has announced selling over 1 million plush toys. Pudgy Penguins has sold over 1 million toys in less than a year In a video posted by CEO Luca Netz on X, he shared the latest progress on
Big Cap
Over 1,000 BTC worth more than $62.8 million has been transferred from wallet addresses that have been inactive for over a decade, sparking numerous questions about the origin and motives behind this event. Bitcoin Stash Over 10 Years Old Moves Again Two Bitcoin wallet addresses that had been
After making waves for three weeks since its launch on April 19, coinciding with the fourth Bitcoin halving event, Runes Protocol has recently experienced a significant decline in activity on the world's largest blockchain network, Bitcoin. Activity on Runes Protocol Declines Unexpectedly After 3 Weeks Since Launch In
Big Cap
Bitcoin mining difficulty has dropped by 5.7%, down to 83.1 trillion hashes, as network hash rate fell below 600 EH/s following the halving event. Bitcoin Mining Difficulty Records Largest Decrease in 1.5 Years According to data from Bitbo, Bitcoin mining difficulty has decreased by 5.7%
