Loopscale, a Solana-based DeFi lending protocol, temporarily suspends lending operations after a $5.8 million hack. This article examines the details of the exploit, the impact on users, and Loopscale’s response, providing insights into the vulnerability and the broader implications for DeFi security.
Tag: Cryptocurrency Exchange
Crypto Price Predictions 4/25: Will Bitcoin Hit $100K? ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX Analysis
Bitcoin eyes $100K as institutional interest returns. This analysis provides price predictions for BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, and AVAX for April 25th, examining key support and resistance levels.
Bitcoin Price Consolidation: How Long Will It Last and What’s Next?
Bitcoin is currently consolidating between $91,000 and $94,500. Experts suggest this period may end soon, with a potential short squeeze on the horizon. Key levels to watch and factors influencing the price movement are analyzed.
Upbit and Bithumb Suspend Synthetix (SNX) Deposits Amid sUSD Depeg Concerns: A Comprehensive Overview
Leading South Korean crypto exchanges Upbit and Bithumb have halted deposits for Synthetix (SNX) tokens due to concerns raised by DAXA regarding the sUSD stablecoin’s depeg. This article provides a detailed analysis of the situation, potential implications, and Synthetix’s response.
Revolut Achieves $1.3B Profit Surge: User Growth, Crypto Boom & UK Banking License
Revolut’s profits doubled to $1.3 billion in 2024, fueled by a surge in crypto trading and significant user base expansion. The company also secured a long-awaited UK banking license, paving the way for new lending services.