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Showing posts with the label defi

Solana DeFi Total Value Locked Hits $8 Billion Record With Major Q2 Growth

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Ex-Goldman Sachs Executive Raoul Pal Favors One Surging Layer-1 Asset Over Solana (SOL) – Here’s Why

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Former Goldman Sachs executive Raoul Pal says one Solana (SOL) competitor is his “favored child.” Pal tells his 1.1 million followers on the social media platform X that if he had to “have a favorite,” the layer-1 chain Sui (SUI) would look preferable to Solana. The Real Vision chief executive shares a chart comparing the SUI/USD price to the SOL/USD price, with SUI/USD looking like it’s on the cusp of breaking out of resistance. Source: Rekt Capital/X SUI is trading at $2.97 at time of writing. The 13th-ranked crypto asset by market cap is up more than 21% in the past day and nearly 41% in the past week. SOL is trading at $149.47 at time of writing. The sixth-ranked crypto asset by market cap is up more than 3.5% in the past 24 hours and more than 13% in the past week. Pal isn’t the only analyst bullish on the Solana rival: Last week, crypto trader Michaël van de Poppe told his 783,900 followers on the social media platform ...

Someone stole the stolen money from ZKLend – Protos

A bizarrely twisted tale unfolded yesterday in crypto’s underworld of decentralized finance (DeFi). The perpetrator of a multi-million dollar heist against a project called ZKLend (short for “zero knowledge proof lending”) subsequently lost those ill-gotten gains to a second phishing scam. The ouroboros started on February 11, 2025 when ZKLend lost 3,600 ether (ETH) to its hackers. Administrators begged them to return the funds and unfortunately, weeks went by with no news. ZKLend announced a $500,000 bounty for the arrest and return of funds, but still no luck. Then, on March 31, an on-chain chat between the hacker “Fake_Phishing927538” and ZKLend’s token deployer account revealed new, devastating news.  “​​I tried to move funds to tornado [cash] but I used a phishing website and all the funds have been lost,” Fake_Phishing927538 wrote to the ZKLend team.  “I am devastated. I am terribly sorry for all the havoc and losses caused. All the 2930 eth have bee...

Cardano adds 15,000 smart contracts in 2025

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Cardano (ADA) has etched out a niche as a particularly developer-friendly blockchain ecosystem.  The increasing adoption of its Plutus-based smart contracts remains a key benchmark for evaluating Cardano’s long-term prospects. At the beginning of the year, the ecosystem had 6,877 Plutus V1 scripts, 106,464 Plutus V2 scripts, and 444 Plutus V3 scripts, for a total of 113,786, according to data retrieved by Finbold from Cardano Blockchain Insights . Picks for you If you invested $5k in Bitcoin five years ago; Here’s how much you’d have now 26 mins ago XRP is only $2 billion away from flipping Tether to rank as world's 3rd largest crypto 2 hours ago ...

DeFi Altcoin Flashing Tier-One Setup and Could Ignite 56% Rally, According to Crypto Strategist

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A popular crypto strategist thinks an altcoin in the decentralized finance (DeFi) space looks strong against the US dollar and Bitcoin (BTC). Pseudonymous analyst Bluntz tells his 308,500 followers on the social media platform X that DeFi lending platform Aave (AAVE) is flashing multiple bullish signs on the eight-hour chart. “AAVE [is] one of my favorite looking alts here, clear ABC down on the eight-hour chart, clear five waves within the C wave AND a cracking eight-hour bullish divergence brewing. T1 (tier-one) setup in my opinion.”  Source: Bluntz/X Bluntz follows the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave surge after completing an ABC correction. Based on the trader’s chart, he seems to suggest that AAVE has completed the ABC retracement with a bullish divergence to support his stance on a potential reversal. A bullish divergence is typically viewed as a reversal signal as it indicates that an ...

New Cryptocurrency Releases, Listings, & Presales Today – Aura AI, LIMITUS, RWA NOVA

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Cryptocurrency markets experienced a severe downturn following Bitcoin’s drop from its peak of $108,000. Federal Reserve Chair Powell’s comments about persistent inflation triggered widespread selling across digital assets. Major cryptocurrencies, including Ethereum, XRP, Dogecoin, and Solana, suffered substantial losses amid market uncertainty. The market correction led to massive liquidations totaling $1.2 billion in twenty-four hours. Despite the bearish sentiment, some meme coins like Fartcoin achieved significant gains. New cryptocurrency projects face challenging market conditions as investors become more cautious with investment decisions. New Cryptocurrency Releases, Listings, & Presales Today LIMITUS revolutionizes DeFi with automation, enhancing user productivity through intuitive AI-driven trading tools. RWA NOVA’s recent partnership with IPXHOP positions it for long-term growth in the digital asset space. Catslap’s recent token burns and reward...

Bitflow and Pontis bring Bitcoin Runes Automated Market Maker to Stacks  

Bitflow, a decentralized exchange (DEX), and Pontis, a decentralized finance (DeFi) platform, have introduced the first-ever Bitcoin Runes Automated Market Maker (AMM) on Stacks, a Bitcoin (BTC) Layer-2 (L2) scaling solution, as reported to Finbold on Wednesday, December 18.  The launch illustrates new applications of Runes, fungible BTC tokens traditionally known for slow transaction speeds, high fees, and sniping.    As part of the initiative, Bitflow prioritizes security with audits from Coinfabrik and Clarity Alliance and offers a $100,000 Immunefi bounty program to promote community engagement.   Picks for you Economist slams Michael Saylor's MSTR-Bitcoin strategy as a ‘shell game’ 28 mins ago Robert...

TRON Founder Justin Sun Becomes Biggest Investor in Donald Trump’s New Crypto Project

Justin Sun, the founder of the TRON (TRX) blockchain, has announced a multi-million dollar investment in World Liberty Financial, a decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump. Sun says that TRON blockchain’s decentralized autonomous organization, TRON DAO, will invest $30 million in World Liberty Financial. “The US is becoming the blockchain hub, and Bitcoin owes it to Donald Trump! TRON is committed to making America great again and leading innovation. Let’s go!” TRON DAO is now the largest investor in the Trump-backed DeFi project. World Liberty Financial is built on the Ethereum (ETH) blockchain and intends to sell 20 billion WLFI utility tokens of the project for $0.015 each, potentially putting it on course to raise $300 million. According to the Ethereum blockchain explorer Etherscan, TRON DAO received two billion WLFI tokens from the DeFi project, representing a 10% stake in the World Liberty Fi...

Balancer: Driving Decentralized Asset Management

Balancer: Driving Decentralized Asset Management! In the rapidly evolving world of decentralized finance (DeFi), Balancer has emerged as a key player in enabling decentralized asset management. As an automated market maker (AMM) and decentralized exchange (DEX), Balancer’s unique Features and flexible architecture offer both liquidity providers and traders unmatched opportunities. What Is Balancer? Balancer is a protocol built on Ethereum that allows users to create and manage liquidity pools with multiple assets. Unlike traditional AMMs, Balancer doesn’t enforce a strict 50/50 asset ratio. Instead, users can create pools with up to eight assets, each with a custom weight. This flexibility has positioned Balancer as an innovative solution for portfolio management and liquidity provision. Core Features of Balancer 1.  Multi-Asset Pools Balancer allows the creation of liquidity pools containing multiple tokens, offering greater diversification compared to traditional two-token pools. Th...

Most Trending Cryptocurrencies on Ethereum – Ethereum Classic, PinLink, Prime Numbers

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While everyone chases the next “big thing” in crypto, some of the most intriguing opportunities lie beneath the surface. Ethereum Classic, PinLink, and Prime Numbers are quietly pushing the boundaries of what’s possible in the blockchain world. These projects are carving their paths: Ethereum Classic for its stability, PinLink for AI-driven decentralized infrastructure, and Prime Numbers for its integration into DeFi. In a space crowded with flashy trends, these projects are setting the stage for long-term growth. Let’s take a closer look at these most trending cryptos on Ethereum . Most Trending Cryptocurrencies on Ethereum Ethereum Classic, which focuses on security and stability, has surged 9.36% to $25.15, showcasing steady growth despite market volatility. PinLink, which leverages AI and tokenized real-world assets, has gained 18% over the past year and is poised for more growth with the launch of its dApp. Meanwhile, Prime Numbers has risen by 70.6% in th...

Blockchain Bridges: Enabling Cross-Chain Transactions

Blockchain Bridges: Enabling Cross-Chain Transactions! As blockchain technology continues to advance, there’s an increasing need for interoperability across different networks. Blockchains are often siloed environments with unique protocols, token standards, and consensus mechanisms. While this isolation has benefits for security and specialization, it can also hinder broader adoption and usability. Blockchain bridges have emerged as a key solution, facilitating cross-chain transactions and enabling value and data transfer across distinct blockchains. What is a Blockchain Bridge? A blockchain bridge is a protocol that connects two or more blockchain networks, allowing them to communicate and transfer assets and information. Think of it as a digital “bridge” that spans the gap between isolated blockchains, enabling cross-network functionality without compromising their security frameworks. This interoperability allows users to leverage the strengths of multiple blockchain...

Dev loses $27M in Ethereum restaking giant Renzo, offers 10% bounty

A crypto developer is pleading for help and offering a bounty worth millions after accidentally sending $25 million of Renzo tokens to the wrong Ethereum address. The dev sent 7,912 ezETH, a type of liquid restaking token worth over $3,400 apiece, to what is known as a Safe Module instead of a Safe. With funds now frozen, the developer is offering 10% — a $2.5 million reward — to anyone who can retrieve his funds. The tokens went to an Ethereum contract address labeled ‘CoboSafeAccount.’ Despite having keys to that wallet, the dev’s particular token type and a bug in ERC-20 transaction handling prohibit recovery. That CoboSafeAccount now holds about $27 million in Renzo Restaked ETH (ezETH) — slightly higher than his initial deposit due to Monday’s rally in the price of ether (ETH). Renzo is a liquid restaking protocol that interoperates with EigenLayer, a layer 2 on Ethereum. It allows users to gain access to Ethereum’s proof-of-stake y...