Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Finance
Bullish Growth On Borroe Finance Presale Could Push $ROE To Outperforming MATIC And XRP
The post Bullish Growth On Borroe Finance Presale Could Push $ROE To Outperforming MATIC And XRP appeared first on Coinpedia Fintech News As Borroe Finance ($ROE) has taken the forefront of crypto, investors are going after $ROE adoption. This bullish momentum has made $ROE’s excellent presale journey. On the other hand, Polygon (MATIC) and Ripple (XRP) were trying hard to grapple with the ongoing market scene. Will $ROE outperform MATIC and XRP? Let’s delve deeper to know more about top…
1 year ago
Credefi: Bridging Traditional Finance and Blockchain Technology with Revolutionary Financial Services
The post Credefi: Bridging Traditional Finance and Blockchain Technology with Revolutionary Financial Services appeared first on Coinpedia Fintech News In a world of continuous digital transformation and financial innovation, Credefi emerges as a pacesetter platform to revolutionize the financial ecosystem by integrating traditional finance (TradFi) with blockchain technology. According to the team, Credefi is pioneering financial innovation that combines the best features of TradFi with the revolutionary concepts of blockchain technology. Business Research Company report reveals that the global financial…
1 year ago
Prisma Finance Hacked For $11.6M; Hacker Claims Whitehat Rescue
DeFi protocol Prisma Finance is reeling from an $11.6 million hack, as the hacker claims a 'whitehat rescue', prompting industry scrutiny and caution. Hack Uncovered Decentralized finance (DeFi) protocol Prisma Finance fell victim to an exploitation, hemorrhaging over $10 million worth of cryptocurrencies on March 28. On-chain security alert provider Cyvers was quick to point out the anomaly on an X post, “Our system has detected multiple suspicious transactions with @PrismaFi and still ongoing! Total loss so far is around…
1 year ago
Prisma Finance Hacker Claims ‘Whitehat Rescue’ After $11.6 Million Exploit
Prisma Finance’s hacker, who stole $11.6 million from the decentralized finance (DeFi) protocol, claims the exploit was a “whitehat rescue” and is enquiring who to contact to refund the funds, according to on-chain messages. A white hat hacker tries to find security vulnerabilities in software code using their hacking skills. Attacker Claims ‘Whitehat Rescue’ Before Moving Funds Six hours following the Prisma Finance hack, the attacker sent a message claiming it was a “whitehat rescue” aimed at helping the platform,…
1 year ago
Ondo Finance Joins BlackRock Tokenized Fund As Inflows Surpass $160M
BlackRock, one of the largest asset managers globally, has witnessed notable success with its newly launched tokenized money-market fund, BUIDL. The fund, which records shared ownership on the Ethereum (ETH) blockchain, has attracted over $160 million in just one week since its debut. BlackRock’s BUIDL Fund According to a Bloomberg report, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) primarily invests in cash, US Treasury bills, and repurchase agreements. The fund rewards its holders with a cryptocurrency, BUIDL, valued at…
1 year ago
Triple-Digit Gains: Ondo Finance (ONDO) Explodes 138% — Should You Invest?
Ondo Finance (ONDO), a decentralized finance (DeFi) protocol focused on tokenizing US treasuries, has witnessed a meteoric rise in its native token’s price over the past week. According to CoinMarketCap, although ONDO was only able to muster a meager 1.3% increase in the last day – yet pushing its value to a record-breaking $0.94 – the impressive feat comes on the heels of a 138% weekly gain, marking an impressive performance for the token. ONDO Marks Banner Week With Big…
1 year ago
Xuirin Finance (XUIRIN) Dives Into the Crypto Arena, Challenges Polygon (MATIC)
[PRESS RELEASE – Bankstown, Australia, March 25th, 2024] Xuirin Finance is an exciting new project in the world of cryptocurrency that’s all about bringing fresh ideas, being flexible, and having a clear plan for the future. The Xuirin Finance team views the Xuirin Finance (XUIRIN) as a significant milestone in decentralized finance. The project came to inception after MATIC (now Polygon) entered the crypto scene to make Ethereum more scalable. Since then, a lot of competition spurred up with different…
1 year ago
Analysts Bullish on Retik Finance (RETIK) to Recreate Shiba Inu’s (SHIB) 2021 Surge Following DeFi Debit Cards Launch
A new cryptocurrency has emerged, capturing investors' attention with its game-changing potential. Retik Finance (RETIK), a decentralized finance (DeFi) powerhouse, is poised to repeat the iconic Shiba Inu (SHIB) token's unprecedented surge in 2021. As Retik Finance prepares to launch its groundbreaking virtual DeFi debit cards, analysts are bullish on its prospects, predicting a meteoric rise. Retik Finance: Revolutionizing Global Transactions Retik Finance's innovative ecosystem is led by its DeFi debit cards, a cutting-edge solution that seamlessly bridges the gap…
1 year ago
Ethereum (ETH) Enters New Era with Dencun Upgrade, Retik Finance (RETIK) and Polygon (MATIC) Bulls Eye 2024 Success
Crypto industry is witnessing a transformative period as Ethereum (ETH) gears up for a monumental upgrade known as Dencun. This upgrade marks a significant milestone for Ethereum and has far-reaching implications for the entire crypto market. Let us delve into the details of the Dencun upgrade, explore its potential impact on Ethereum's future, and analyze how it could pave the way for success for projects like Retik Finance (RETIK) and Polygon (MATIC) in the year 2024. The Dencun Upgrade and…
1 year ago