INJ Surges 14% as Injective Unveils Avalon Mainnet Upgrade
The Injective Layer 1 blockchain network has announced the activation of the highly-anticipated Avalon upgrade on its mainnet, ushering in a wave of excitement in the
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Multichain Token Surges Over 36% Despite Team’s Silence
The price of MULTI, the native token of the cross-chain protocol Multichain has experienced a significant rally, surging over 36% in the last 24 hours on
Temasek Slashes Senior Staff Compensation Over Failed $257M FTX Investment
Singapore investment firm Temasek Holdings has cut the compensation of its senior management and the investment team following a staggering $275 million investment loss incurred after the
Cryptocurrencies Rally as US Lawmakers Approach a Debt Ceiling Deal
In hopes of avoiding a potentially catastrophic debt default, US lawmakers have agreed to raise the overall debt ceiling. As a result of the agreement to
Jimbos Protocol Suffers Hack Team Works to Restore Functionality
Jimbos Protocol, an Arbitrum-based liquidity protocol suffered an exploit resulting in a significant loss of 4,000 Ethereum (ETH), approximately worth $7.5 million, on May 27. Following
Fantom Affected as $1.8B Worth of Assets Have Been Locked on Multichain
The ongoing situation surrounding the blockchain platform, Multichain, has been stirring up increased fear, uncertainty, and doubt within the world of digital currency. However, the recent
SeaSwap DeFi Protocol Scams Investors of $32k in Exit Scheme
The SeaSwapSui decentralized finance protocol, operating on the newly launched Sui network, has left investors reeling as it disappears from the social media landscape. According to
Binance Launches NFT Loan Service
Binance Marketplace, cryptocurrency giant Binance’s non-fungible token (NFT) trading platform, has unveiled a new service where users can borrow Ethereum (ETH) by using their NFTs as
Unbanked Shuts down Crypto Services, Citing US Regulations
The harsh stance taken by the US government against the crypto industry has forced Unbanked, a platform that provides blockchain-powered financial access, to exit the market.
DCG To Shut Down Its Brokerage Subsidiary TradeBlock Amid Regulatory Blues
Digital Currency Group (DCG), a corporate venture capital firm based in Stamford, Connecticut, has decided to close down its TradeBlock subsidiary that provides trade execution, pricing, and prime
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