Crypto Surge and Milestones: July 2024 Market Highlights
TL;DR Bitcoin surged from $60,800 to $67,000, marking a 10.2% gain. Ethereum ETFs are set to launch with initial fee waivers. Solana DEXes surpassed Ethereum...
Tag : Blockchain
Crypto Market Faces $110 Million Token Unlock Wave Starting Today
TL;DR In July, over $110 million in tokens will be unlocked, which could impact prices and dynamics in the cryptocurrency market. AltLayer (ALT) will unlock...
Rho Markets Resumes Operations After $7.6M Oracle Issue, Funds Returned
by Fernando
TL;DR After an Oracle misconfiguration, the DeFi protocol is back online and has returned the stolen funds. The MEV bot that acquired $7.6 million required...
Speculation Grows: Trump to Back Bitcoin as US Strategic Reserve at 2024 Conference
by Fernando
TL;DR Donald Trump may announce Bitcoin as the new strategic reserve of the US at the Bitcoin 2024 Conference in Nashville. Simon Dixon confirms rumors...
Rho Markets Loses $7.6 Million in Exploit
TL;DR Rho Markets has suffered an exploit that resulted in the loss of $7.6 million in digital assets due to a breach in its oracle...
Fractal ID Data Breach: Security Incident Impacts 50,000 Users
TL;DR Fractal ID, a digital identity verification provider for Web3 projects, experienced a data breach affecting over 50,000 users, approximately 0.5% of its total user...
NFTs Face Challenges but Optimism Remains High Among Web3 Professionals
by jose
TL;DR Decline in NFT Sales: NFTs experienced a significant 45% drop in sales volume in Q2 2024 compared to the previous quarter, following a surge...
Terra Classic (LUNC) Shows Signs of Recovery with Potential 342% Surge
by Fernando
TL;DR Terra Classic (LUNC) is showing signs of recovery, with a potential increase of 342%. Clarity from the SEC regarding cryptocurrency classification has improved market...
LiFi Protocol Cyber Attack: $8 Million Theft Sparks Security Concerns
TL;DR The LiFi protocol fell victim to a sophisticated cyber attack resulting in the theft of over $8 million. Exploiting “infinite approvals” configurations. Users have...
XRP Whales Increase Exchange Withdrawals Amid Price Surge
by Fernando
TL;DR XRP whales have made significant exchange withdrawals, indicating a possible bullish sentiment. A large transaction of 38,783,752 XRP was recorded from Binance to an...