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defi

Bitcoin Network encounters hour-long block production delay 

by Isaac Wright
Bitcoin Network encounters hour-long block production delay 

The Bitcoin network experienced a brief downtime, in which a block wasn’t produced for approximately an hour on Nov. 7, raising concerns about network reliability.  This marks the third such …

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Solana trading volume surges amidst market rally

by Isaac Wright
Solana trading volume surges amidst market rally

Solana (SOL) becomes the most traded altcoin in US exchanges this year.  Solana (SOL) is witnessing a dramatic climb in trading volume, outshining other altcoins on exchanges accessible in the …

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BNB Chain, Ethereum Blockchains Suffer 20 Attacks in October, Taking the Hardest Hits: Report

by Isaac Wright
BNB Chain, Ethereum Blockchains Suffer 20 Attacks in October, Taking the Hardest Hits: Report

According to the latest report from Immunefi, from January to October 2023, over $1.41 billion has been lost to hacking and fraudulent activities in 292 specific incidents. In October 2023 …

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PancakeSwap surges 92% as defi tokens record outsized price increases

by Isaac Wright
PancakeSwap surges 92% as defi tokens record outsized price increases

PancakeSwap’s CAKE stands out with a 92% gain on the weekly timeframe, fueled by the introduction of a new feature on its platform.  PancakeSwap rallies Decentralized exchange PancakeSwap’s native token, …

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Stablecoin Activity Takes Crown From DeFi in Q3: Report

by Isaac Wright
Stablecoin Activity Takes Crown From DeFi in Q3: Report

Stablecoins are often viewed as assets that pose systematic risks to the financial market. However, these pegged tokens have become the most popular category among investors amid adverse market conditions. …

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Aave Protocol Halts Certain Market Operations Due To Bug Report

by Isaac Wright
Aave Protocol Halts Certain Market Operations Due To Bug Report

Decentralized finance (DeFi) platform Aave has suspended operations in a number of markets after receiving a problem report on a certain function of the protocol. DeFi Protocol Discovers Vulnerability; Is …

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Bluzelle expands into Creator Economy, aims to empower artists

by Isaac Wright
Bluzelle expands into Creator Economy, aims to empower artists

Bluzelle, a layer-1 blockchain platform, has announced its vision to empower innovators in the broader Creator Economy. In an exclusive press release shared with crypto.news, Bluzelle said the Creator Economy …

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Jack Dorsey’s Block stock jumps as Cash App’s Bitcoin revenue hits $2.42b

by Isaac Wright
Jack Dorsey’s Block stock jumps as Cash App’s Bitcoin revenue hits .42b

Block, Inc. reported a significant 37% increase in Bitcoin revenue in Q3 2023, reaching $2.42 billion, with an overall net revenue boost of 24% to $5.62 billion year-over-year. Block, Inc., …

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Bitcoin’s pullback — warning sign or blip on the radar?

by Isaac Wright
Bitcoin’s pullback — warning sign or blip on the radar?

A broad selloff has hit cryptocurrency markets over the past 24 hours, with the overall market capitalization falling nearly 3% to $1.27 trillion. The pullback comes after digital asset prices …

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Venture capital investments in the crypto sector hit a record low

by Isaac Wright
Venture capital investments in the crypto sector hit a record low

RootData reveals a significant decline in both the number and total amount of venture capital investments in the cryptocurrency sector, with October marking new lows. New data reveals that venture …

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