News Feed

Decentralized Finance (DeFi) platform Delta Primes suffered a security breach on Monday, affecting the protocol’s users. The attack took $6 million from the project’s pools and is under investigation. However, on-chain investigators suspect it could be linked to North Korean hackers and be part of a larger-scale scheme. Hackers Drain $6 Million From DeFi Protocol On Monday morning, cyber security platform Cyvers Alerts informed the community about the ongoing attack on DeFi borrowing protocol Delta Primes. The initial report revealed…

Bitcoin price started another decline from the $60,650 resistance. BTC is now at risk of more downsides below the $57,500 support zone. Bitcoin is correcting gains and gaining bearish pace below the $59,000 level. The price is trading below $58,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $58,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could climb again if it stays above…

San Francisco, United States, California, September 17th, 2024, Chainwire Forge, the leading platform for community-driven game marketing and player engagement, is thrilled to reveal its new slate of strategic investors which includes leading gaming protocols Ava Labs and Sui Foundation. The new investors join just in time as Forge crosses a significant milestone of over 1 million registered users. This achievement marks a major step forward in Forge’s mission to revolutionize how games not only connect with but reward their…

Virginia-based software company MicroStrategy has announced a $700 million convertible bond offering to boost its Bitcoin reserves and pay down debt. The offering, targeting qualified institutional buyers, will mature in 2028. The firm expects it will raise significant capital to redeem $500 million in existing debt while acquiring more Bitcoin. From Boardrooms to Kingdoms: Bitcoin Adoption Grows Worldwide The notes will bear interest payable semi-annually and will be convertible into cash, MicroStrategy shares, or both. Additionally, MicroStrategy intends to use…

Ethereum is wavy when writing as bulls struggle to build momentum and push the coin above the immediate resistance levels at around $2,400 and $2,800. Even so, most ETH holders are upbeat, expecting prices to turn around the corner and soar, even breaking above July highs of around $3,500. 61% Of ETH Holders In The Money Amid this development and the general lull, IntoTheBlock data shows that 61% of all ETH holders are in the money. That over 50% of…

Dogecoin (DOGE) is currently trading at $0.102, but the popular meme-based cryptocurrency appears to be positioning itself for a potential move to the upside. Over the past five months, Dogecoin has largely traded in a downtrend with the formation of lower highs and lower lows. This consistent downward pressure has led to the development of a classic price pattern known as a falling wedge. According to a technical analyst who has been closely tracking Dogecoin’s movements, the daily chart suggests…

Binance is offering an exclusive opportunity for new users to earn a $100 trading fee rebate voucher just by signing up using our special referral code VA05III2 and making a deposit of $50 or more within 14 days. Click hereto register now and claim your reward! Our Binance referral code “VA05III2” is automatically applied, making it easier than ever to start trading with lower costs. Why Use Our Binance Referral Code VA05III2 There are several compelling reasons to sign up…

Dogecoin (DOGE) is holding strong above a key price level after a small market dip on Sunday, putting it at a crucial turning point. The meme coin recently broke out of a monthly downtrend that has kept its price suppressed since late March, signaling a potential shift in momentum.  Analysts and investors are growing increasingly optimistic about DOGE’s latest price action, with some predicting that if Dogecoin breaks above the $0.12 mark, it could trigger a larger rally in the…

Avalanche (AVAX) has had a terrible Q2 2024 by several standards, going by a significant decline in market capitalization coupled with low revenue generation. Messari’s recent report indicated that AVAX faced a fierce correction after two quarters of growth on the trot. Market capitalization dipped by 40% within the last quarter to stand at $11.6 billion. Well, despite this slump, the ecosystem is still sound as AVAX still has a market cap of $4.5 billion — that’s a 157% surge…