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Key Takeaways Decentralized finance saw a significant security event as the AMM Balancer suffered an exploit resulting in the loss of over $116.6 million. The breach targeted V2 liquidity pools, specifically siphoning off high-value liquid staked Ether tokens, including StakeWise Staked ETH (OSETH), Wrapped Ether (WETH), and Lido wstETH (wSTETH). The stolen capital was swiftly … Read more

Key Takeaways Coinbase posted a powerhouse third-quarter report, signaling robust financial health and a clear commitment to its future vision. The exchange’s net income skyrocketed fivefold year-over-year to a remarkable $432.6 million, with total quarterly revenue surging 55% to hit $1.9 billion. This impressive surge was driven by twin engines: active trading and rising subscription … Read more

Key Takeaways The MegaETH Token Frenzy: $450M Committed in Hours Investor appetite for advanced Ethereum scaling solutions is intense, evidenced by the explosive launch of the MegaETH Layer-2 network’s initial coin offering (ICO). The auction for the MEGA token was oversubscribed, effectively selling out in mere minutes as capital commitments rapidly swelled to over $450 … Read more

Key Takeaways Crypto Trading Restrictions US Representative Ro Khanna, a Democrat from California, is driving a renewed legislative effort to bar elected officials and their immediate families from engaging in stock and cryptocurrency trading. This bold move is intended to address mounting concerns over potential conflicts of interest that undermine public trust in government. Khanna’s … Read more

Key Takeaways Arthur Hayes’ $10,000 Prediction Propels Zcash Rally Talk about a rally! Zcash $ZEC, the privacy-focused crypto, just went on a tear, spiking an incredible 30% in 24 hours to hit a high of $355, up from $272. What lit the fuse? None other than crypto heavyweight Arthur Hayes, the former BitMEX boss, who … Read more

Key Takeaways In a major move to combat escalating cyber threats, leading crypto wallet providers like MetaMask, Phantom, WalletConnect, and Backpack have formally partnered with the Security Alliance (SEAL) to establish a real-time global phishing defense network. This unified front comes in response to a surge in sophisticated “crypto drainers,” which have reportedly been responsible … Read more

Key Takeaways Consequences of the AWS Outage on Major Trading Platforms Did you try to use Coinbase or Robinhood earlier this week? You likely ran into a wall. A massive data center outage in Amazon Web Services (AWS) hit its Northern Virginia region, which is essentially the cloud backbone for huge chunks of the internet. … Read more

Key Takeaways Immediate Effect of Musk’s X Post on Floki Token Talk about social media pumping a price! The crazy world of memecoins went nuts on Monday, all thanks to a fun post from Elon Musk. He jumped on X (Twitter) to announce that his dog, a Shiba Inu named Floki, was “back on the … Read more

Key Takeaways Uniswap has officially made its play for the Solana ecosystem, integrating native support directly into its main web application. Users can now simply connect their Solana wallets to trade Solana-based tokens right alongside assets from other supported networks. This isn’t just a simple add-on; Uniswap confirms it’s the foundation for a much bigger … Read more