Over the past few years, decentralized prediction markets like Polymarket have gained massive traction. As the 2024 US Presidential election nears, these markets have entered the mainstream, with American media giants like…
Category: DeFi
EigenLayer Announces Its Token Airdrop, Here is how to Participate
Token airdrops continue this month, thanks to EigenLayer, a top restaking protocol on Ethereum. So, who is eligible for the airdrop, and how can one claim the tokens? Well, we advise you…
Top 5 Meme Coins on Base Chain to Watch in 2024
Solana meme coins have seen significant adoption since the start of 2024. However, in the last few weeks, degens have appeared to shift their focus to Ethereum scaling solution Base. Several meme…
Hot Crypto Stories on X – Runes Goes Live Following Bitcoin Halving
A lot has happened in crypto over the past seven days. One of the top stories involves the Bitcoin halving event, which took place on Saturday. Following the halving, Bitcoin miners will…
Here are Seven of the Hottest Projects on Ethereum Scaler Blast
Following the launch of the Ethereum scaling solution Blast a few days ago, millions of dollars have been poured into various protocols running on that blockchain. And now, the buzz around several…
A Detailed Guide on Crypto Synthetic Assets: What You Need to Know
Also referred to as ‘synthetic assets,’ crypto synthetic assets are digital financial instruments developed to imitate the performance and value of tangible financial assets or assets from the actual world without truly…
Nearly $6.4M Stolen from Abracadabra Finance Exploit
A major security occurrence has apparently hit Abracadabra, a decentralized finance (DeFi) protocol. According to security analysts, a malicious attack resulted in the loss of more than $6.4M. Abracadabra Finance, a decentralized…
Polygon Labs Unveils Model Classifying DeFi as ‘Crucial Infrastructure’
Polygon’s legal team claims decentralized finance (DeFi) protocols must be viewed as ‘crucial infrastructure’ to U.S. economic and federal security. A recently suggested regulatory model from Polygon Labs’ legal team shows that…
Identifying and Exploring Risk on Decentralized Finance (DeFi) Lending Protocols
DeFi lending platforms have grown in popularity over the past few years. But what are they? They are decentralized finance protocols that let crypto users lend and borrow digital currencies without the…
Solana Briefly Overtakes Ethereum in DeFi Trading as Jupiter Airdrop Draws Closer
Last December, crypto trading on Solana-based decentralized exchanges (DEXes) briefly surpassed that on Ethereum-based DEXes as meme coins like BONK surged massively. The same scenario has happened again, thanks to growing excitement…
Blockchain Executives Claim that Bitcoin EFTs are ‘Moving Away from Crypto’s Ideals’
A significant amount of dollars has flowed into United States spot Bitcoin exchange-traded funds. However, a few crypto officials say the instruments depart from crypto principles. In the first trading week, billions…