Abracadabra Protocol Exploited; $1.7M in Losses
Abracadabra DeFi platform suffers third exploit, losing $1.7M, impacts MIM token stability.
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Russia Launches Ruble-Backed Stablecoin to Circumvent Sanctions
Russia unveils ruble-backed A7A5 stablecoin with Promsvyazbank to evade US sanctions.
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Reeve Collins Launches STBL, Aiming to Redefine Stablecoins
Reeve Collins introduces STBL, merging real-world assets with DeFi, marking a new era for stablecoins.
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Speculation Grows Over XRP’s Potential $20 Breakout
XRP faces speculation of reaching $20 amid regulatory and institutional factors, though no confirmation from Ripple executives.
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Crypto Funds Redirect Capital Beyond Bitcoin and Ethereum
Crypto funds shift focus to Layer 1s and DeFi, bypassing Bitcoin’s custody issues.
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Bitwise CIO Projects Solana as Wall Street’s Choice for Stablecoins
Bitwise CIO Matt Hougan predicts Solana’s rise as Wall Street’s stablecoin and tokenization network due to its tech improvements and stablecoin supply growth.
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Pi Network Faces Price Decline and Market Criticism
Pi Network’s price drops 48%, revealing flaws in market structure, adoption, and sentiment.
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W-Coin Tests Key Resistance After Consolidation Phase
W-Coin tests range high, marking a potential end to its 6+ month consolidation phase.
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MetaMask Announces $30M Reward Program After Airdrop Speculation
MetaMask confirms a $30M rewards initiative, distributing LINEA tokens, linked to potential MASK token airdrop.
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Binance Airdrops Morpho Token, Lists for Trading
Binance lists and airdrops Morpho token, impacting DeFi and BNB ecosystem significantly.
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