Stani Kulechov Seeks $50M for Lens Protocol at $500M Valuation
TL;DR Stani Kulechov seeks $50 million for Lens Protocol under Avara, valuing it at $500 million. The funding aims to strengthen Lens Network, a social...
Tag : Blockchain
ZkSync’s Airdrop Causes Stir in Crypto Community
by jose
TL;DR Network Congestion: ZkSync Era faced performance issues due to high demand during the ZK token airdrop, with 45% of tokens claimed by over 225,000...
ETH Price Outlook: Analysts Bullish on Potential Surge to $5,000 by 2024
by Fernando
TL;DR Ethereum (ETH) is expected to reach $5,000 by the end of 2024. Whale accumulation of ETH and support at $3,500 drive optimism. Technical indicators...
Over $372 Million in Solana (SOL) Transferred Amidst Market Downturn
by Fernando
TL;DR Transfer of over $372 million in Solana (SOL). Two major transactions reported by Whale Alert. Bearish market context and decline in SOL trading volume....
Paxos Cuts 20% of Workforce, Shifts Focus to Tokenization and Stablecoins
by Fernando
TL;DR Paxos lays off 20% of its staff, approximately 65 employees. The company will focus on tokenization and stablecoins. Paxos has a strong financial position...
Solana Witnesses Surge in Restaking Activity Amid Growing Confidence in Validators
TL;DR Solana is experiencing a significant increase in restaking activity, with over 2.239 million $SOL tokens reinvested in validator v1.18.15. Validators play a crucial role...
DeFi Technologies Expands into Core Chain with Validator Node and Bitcoin Staking
tl;dr DeFi Technologies announces the creation of a validator node on Core Chain, a Bitcoin-powered blockchain compatible with EVM. The company will actively participate in...
UwU Lend Falls Victim to $19.3 Million Hack: Security Flaws Exposed
TL;DR UwU Lend, a DeFi protocol founded by Michael “Sifu” Patryn, has suffered a hack resulting in the loss of $19.3 million, according to reports...
