Velvet Capital, a DeFi asset management protocol, has temporarily deactivated its website and mobile app to prevent a major phishing attempt. Reports from the crypto community on April 23 highlighted an unusual activity on Velvet Capital's trading platform:...
There is a growing trend of several crypto addresses holding millions of dollars in various bridge contracts, either stuck or forgotten, according to blockchain intelligence firm Arkham. The firm's findings, shared in a social media post on April...
PayPal's Blockchain Research Group, in partnership with Energy Web and DMG Blockchain Solutions, has proposed a new system to incentivize Bitcoin miners to adopt low-carbon energy sources. The proposal, explained in a blog post published on April 22,...
EigenLayer, a leading restaking protocol on Ethereum, is potentially facing a yield crisis due to its rapid growth, according to industry observers. The experts claimed that the protocol's current Total Value Locked (TVL) expansion may be outpacing its...
Manchester City has teamed up with cryptocurrency exchange OKX to launch "Unseen City Shirts," a new collection of non-fungible tokens (NFTs) designed to deepen the club's engagement with its fans. These NFTs are free-to-mint and available on the...
Tokens associated with Bitcoin Layer 2 solutions have outperformed Bitcoin (BTC) since the blockchain's recent mining reward halving event on April 20, 2024. According to CoinGecko, following the event, STX, the native token of the Stacks network, surged...
Switzerland is witnessing a resurgence in efforts by Bitcoin proponents to persuade the Swiss National Bank (SNB) to add Bitcoin (BTC) to its reserves. Led by 2B4CH, a non-profit think tank, the initiative seeks to amend the Swiss...
Lawmakers in Arkansas's House of Representatives have passed two bills that potentially lay the groundwork for potential restrictions on cryptocurrency mining in the State. While these bills have not yet evolved into full-fledged laws, they have initiated crucial...
Web3 firms witnessed a remarkable 55% surge in investments during the first quarter of 2024 compared to the preceding quarter, as revealed by a report by QuickNode and Artemis. The report highlighted a 36% increase in the number...
OMNI, the native token of Omni Network's Ethereum rollup-connecting layer-1 testnet blockchain, has suffered a severe setback, with its value plummeting by over 55% within 18 hours of its post-airdrop event. Initially valued at around $560 million, the...
