The cross-chain lending protocol Radiant Capital has recently fallen victim to a hack, resulting in the loss of 1,900 ETH, equivalent to approximately $4.5 million. This incident has raised concerns about the security and vulnerabilities of decentralized finance platforms, particularly in the face of flash loan attacks. The Hack and Exploitation According to the blockchain
In recent years, the world of digital collectibles has experienced a massive surge in popularity. At the forefront of this phenomenon is the rise of Non-Fungible Tokens (NFTs), revolutionizing the art, gaming, and entertainment industries. NFTs provide creators, collectors, and innovators with a unique opportunity to buy, sell, and trade digital assets. However, to fully
Ethereum has long been a staple in the cryptocurrency market and its recent roadmap and upgrades signal a promising future. The network is set to undergo several improvements, such as reducing gas costs and enhancing smart contract efficiency. With Vitalik Buterin’s 2024 roadmap garnering investor interest, Ethereum has already experienced a near 10% price increase.
Global macro investor Lyn Alden has set high hopes for Bitcoin (BTC) as she predicts its price could reach a staggering $200,000 per coin within the next two years. In a recent episode of What Bitcoin Did, Alden discussed the role of Bitcoin in the current macroeconomic environment and why predicting its price destination is
Artificial intelligence (AI) is rapidly revolutionizing the blockchain tech space, and Launchpad XYZ is at the forefront of this transformation. As an emerging platform, Launchpad XYZ aims to become a leading AI platform for crypto trading and investing. By leveraging AI algorithms, Launchpad XYZ offers users of all experience levels institutional-grade analytics to maximize their
The soaring price of Solana (SOL) has undoubtedly caught the attention of investors and enthusiasts in the cryptocurrency market. With a staggering 722% year-to-date increase, Solana has emerged as a strong competitor to Ethereum. However, this rapid growth has not come without its challenges. The network has become a prime target for malicious actors, leading
Tether, the dollar-pegged stablecoin, has experienced a significant surge in total assets over the past six years, now nearing $100 billion. With $95.2 billion in total assets, Tether’s market capitalization has grown exponentially by 6,560% since the beginning of 2018. This astonishing growth has caught the attention of investors and experts, including Gabor Gurbacs, a
The cryptocurrency market experienced a sudden and significant selloff, resulting in the loss of almost $200 billion in market value. Speculation surrounding potential denials of Bitcoin exchange-traded fund (ETF) approvals by the SEC sparked this downward spiral. However, amidst the chaos, there may be an opportunity for dip buyers to finally enter the market. At
Solana, a cryptocurrency that has gained significant traction in recent weeks, has captured the attention of investors with its remarkable growth. Over the past year, the digital asset has soared by an astounding 775%, making it one of the hottest cryptocurrencies on the market. As a result, various tokens built on the Solana blockchain have
Sorare, the popular fantasy football game that utilizes blockchain technology, has recently introduced a new feature called Manager ID. This innovative addition aims to elevate the experience of Sorare users by representing a player’s achievements and status within the Sorare community. Unlike a traditional profile, the Manager ID combines visual elements that symbolize a player’s
