DeFi market maker Swaap Finance has launched a new service called Swap Earn, allowing users to earn an extra yield on already yield-bearing assets. The protocol tops up investor returns through market-making yield, spreading investors’ assets across multiple pre-defined protocols. Yield On Top Of Yield Market making is when DeFi users provide liquidity to decentralized exchanges, allowing fellow crypto buyers to easily find sellers, and vice versa. Market-making yield can...
Read More »Ripple’s CEO With a Very Bullish Prediction for 2024
TL;DR Brad Garlinghouse forecasts the crypto market value could double this year, buoyed by pivotal events like the US’s first spot BTC ETF and the Bitcoin halving. XRP’s performance remains subdued amid Ripple’s ongoing legal fight with the SEC, with the outcome likely to significantly influence the asset’s price volatility and future market dynamics. Garlinghouse’s Prediction The cryptocurrency sector has been booming since the beginning of the year, with Bitcoin (BTC)...
Read More »dYdX Community Approves 20 Million Token Stake Amidst Rising Trading Volumes
In an effort to protect its decentralized crypto exchange (DEX) against potential security threats, the dYdX community has approved a proposal to stake 20 million DYDX tokens. This decision comes amidst a surge in trading activity experienced by the platform. dYdX Proposes Enhanced Security Measures The proposal presented by dYdX emphasized the necessity of increasing the platform’s security measures in the face of increasing deposits and trading volumes. dYdX stated that it...
Read More »This Trader Reportedly Lost $800k in Crypto Through Malicious Chrome Extensions
An anonymous cryptocurrency investor with the username “Sell When Over” on X has reported a loss of $800,000 due to two allegedly malicious Google Chrome browser extensions. The investor first raised the alarm with a post on X, revealing that they had discovered a loss of $500,000 from multiple wallet applications. Chrome Extension Attack Leads to $800k Loss “Think I got extension attacked, with two suspicious extensions that appeared on my Chrome browser,” they disclosed....
Read More »StakeLayer Surpasses $500,000 Milestone in $STAKE Presale, Paving the Way for the Bitcoin Evolution
[PRESS RELEASE – London, UK, April 8th, 2024] StakeLayer, a pioneering Restaking platform operating on Bitcoin L2, has marked a significant milestone by successfully concluding two phases of its Presale, securing over $500,000 in funding. During the Presale, early participants have an opportunity to purchase $STAKE – native token of StakeLayer ecosystem. Holders will be able to use their tokens to potentially get additional rewards from vaults and participate in DeFi...
Read More »World’s First Bitcoin DEX Satoshi DEX Announces $9 Million Reached in Presale
[PRESS RELEASE – London, UK, April 8th, 2024] The world’s first Bitcoin DEX –Satoshi DEX has unlocked a milestone, as the presale has shot up to more than $9 million, as the project continues to grow. Currently, the presale is still LIVE, less than 6% left to distribution. Following the presale, the team plans a Mainnet launch and initial liquidity (Q3 and Q4 2024) Launch of the mainnet: Deployment of SatoshiDEX on the Stacks mainnet, enabling live transactions and...
Read More »Telegram-based Game Hamster Kombat Attains 1M Players in Less than 2 Weeks
[unable to retrieve full-text content]CoinspeakerTelegram-based Game Hamster Kombat Attains 1M Players in Less than 2 Weeks The Hamster Kombat team intends to release and distribute a token to all active players at the end of the season. Telegram-based Game Hamster Kombat Attains 1M Players in Less than 2 Weeks
Read More »DeFi Aggregator 1inch Announces Web3 Debit Card in Partnership with Mastercard and Baanx
[unable to retrieve full-text content]CoinspeakerDeFi Aggregator 1inch Announces Web3 Debit Card in Partnership with Mastercard and Baanx 1inch has introduced a new debit card powered by Mastercard, for the average user to easily spend crypto and also make ATM withdrawals. DeFi Aggregator 1inch Announces Web3 Debit Card in Partnership with Mastercard and Baanx
Read More »Here’s the Number of Bitcoin Addresses at a Loss as BTC Retests Its ATH Price
In the past 24 hours, Bitcoin (BTC) has rallied roughly 5%, surging past $72,000 in an attempt to retouch its all-time high. This upward trajectory has significantly reduced the number of addresses holding the digital asset at a loss. According to data on IntoTheBlock, there are currently zero BTC addresses at a loss as the cryptocurrency hovers around $72,600. Zero BTC Addresses at a Loss A few hours before writing time, a tweet by IntoTheBlock revealed that over 30,000...
Read More »Ripple (XRP) Bull Run to Return? This Level Needs to Fall First According to Analysts
TL;DR Ripple’s XRP experienced a modest 2% daily increase, currently valued at nearly $0.61. Analysts believe the asset could surge if it surpasses the $0.75 resistance, with its price also affected by the upcoming Ripple vs. SEC trial. The cryptocurrency market launched another substantial rally today (April 8), with Bitcoin (BTC) briefly surpassing the $72,500 mark. Ripple’s XRP has also caught the green wave, albeit charting less impressive gains than its rivals....
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