UXLink Exploit Highlights Fragility of Centralized Power in DeFi
TL;DR Exploit impact: UXLink hack minted billions of tokens, crashing the price by 90% and causing losses up to $30 million. Root flaw: Delegate call vulnerability
Latest news from: Carrillo J.M.
Carrillo J.M.
Carrillo J.M, is a seasoned writer with over six years of experience, is a passionate advocate for blockchain and cryptocurrencies. He is convinced that these technologies will play a significant role in our future. Currently, José dedicates his time to producing news stories and conducting in-depth analyses of various crypto projects, as well as performing technical analyses of different cryptocurrencies
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$100M Credit Line Powers CleanSpark’s Next Phase of Mining Expansion
TL;DR Financing milestone: CleanSpark secured a $100M Bitcoin-backed credit line from Coinbase Prime to expand mining and energy operations. Growing reserves: The company now holds 12,703
BlackRock Dumps Nearly $1 Billion in Bitcoin Amid Market Volatility
TL;DR Bitcoin Outflows: BlackRock recorded $980 million in Bitcoin outflows on September 23, sparking speculation about institutional selling. ETF Dynamics: Outflows stemmed from ETF redemptions, not
World Liberty Financial Eyes Debit Card Rollout with USD1 Stablecoin Integration
TL;DR Debit Card Launch: World Liberty Financial is preparing to introduce a debit card integrated with Apple Pay, allowing users to spend the USD1 stablecoin in
Spot Bitcoin ETFs Bleed $363M Ahead of Fed Chair Speech
TL;DR ETF Outflows: Spot Bitcoin ETFs recorded $363.1M in investor withdrawals, with Fidelity’s FBTC alone losing $276.7M, marking the largest single-day retreat in September and signaling
NEAR jumps 5% as AI momentum fuels ecosystem growth
TL;DR Price Action: NEAR surged 9% to $3.15 with trading volume jumping to $370M, outperforming the wider market that lost $1.7B in value, showing strong investor
CZ’s $10B YZi Labs May Admit External Investors, Says Report
TL;DR Family Office Shift: YZi Labs, founded by CZ, may convert into an external-facing investment fund, moving beyond its family office structure. Sector Expansion: The firm
Behind the rebound: why the crypto market stabilized after Monday’s crash
TL;DR Massive crypto market liquidation: Monday’s crash wiped out over $1.5 billion in leveraged positions, with Ether plunging 9% and Bitcoin also sliding before trimming losses.
MetaMask’s mUSD Sees 4x Growth in First Week After Launch
TL;DR Growth surge: MetaMask’s mUSD supply expanded from $15 million at launch to $65 million within a single week, marking a fourfold increase that highlights strong
Arthur Hayes Sells 96,000 HYPE Tokens: Here is the Reason
TL;DR Hayes’ Sale: Arthur Hayes sold 96,628 HYPE tokens for $4.8M, explaining he needed the funds for a Ferrari Testarossa deposit. The move netted him $823K
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