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GMX Defends Contracts After $13 Million Loss Tied to Abracadabra's Cauldron Exploit
Prominent blockchain security firm PeckShield reported an exploit involving the GMX decentralized exchange (DEX), which has brought attention to vulnerabilities within the Abracadabra (Spell) ecosystem. The incident, tied to Abracadabra’s cauldrons – smart contracts that facilitate DeFi operations like lending, borrowing, and liquidity provision – led to the theft of approximately 6,260 Ethereum, worth roughly…
Read MorePepe Pumps 14% as Charts Hint at Price Explosion, MIND of Pepe Also Gaining
Pepe (PEPE) is crushing it right now. The market’s favorite frog coin is up 14% in the past day, and PEPE’s chart patterns suggest this rally has more room to run. Meanwhile, MIND of Pepe (MIND) is also building momentum in its presale phase, already raising $7.6 million from early investors. PEPE Price Pumps as…
Read MoreShiba Inu (SHIB) Soars by 16% Daily: What Drives the Surge?
TL;DR Shiba Inu has outperformed BTC, ETH, DOGE, and many other well-known cryptocurrencies in terms of daily gain. Check out some of the factors that have potentially played a role in the price jump. SHIB on the Run The popular meme coin has witnessed a solid revival in the past 24 hours, with its price…
Read MoreIMX surges 15% after Immutable says SEC ended probe
The token tied to the crypto gaming giant Immutable surged 15% in the hours after it announced that the US Securities and Exchange Commission closed its investigation into the firm and would take no further action. The Immutable (IMX) token rose around 15% on March 25 to reach just under $0.74 shortly after the firm…
Read MorePumpSwap Hits $426M Milestone, But Raydium Remains Solana’s Top DEX
Pump.fun’s decentralized exchange (DEX), PumpSwap, has achieved record-breaking numbers, with a daily volume of $426 million and 243,000 users. The Solana-based platform also collected more than $1 million in fees, including $213,000 in protocol charges on March 24, marking its best performance since its launch. Despite the success, its market share of 14.5%, as captured…
Read MoreIs The Ripple vs. SEC Lawsuit Indeed Over After This Development?
Last week, Ripple’s CEO, Brad Garlinghouse, made the triumphant announcement that the SEC had dropped its appeal without conditions. Although he declared that this meant the case was finally over after a prolonged battle that began in late 2020, there were some misconceptions and misunderstandings about whether it had actually concluded. Now, though, Stuart Alderoty…
Read MoreCME Group to pilot tokenization technology for capital market efficiency
US derivatives exchange operator CME Group is piloting solutions for tokenized assets using Google Cloud Universal Ledger (GCUL), a new distributed ledger that was designed for traditional financial institutions. According to a March 25 announcement, CME has already begun integrating GCUL to improve capital market efficiency and wholesale payments. CME Group chairman and CEO Terry…
Read MoreEverstake Joins Northstake’s ETH Validator Marketplace as Node Operator
[PRESS RELEASE – Copenhagen, Denmark, March 25th, 2025] Northstake A/S has announced that Everstake, a leading global non-custodial staking and blockchain solutions provider, will join its ETH Validator Marketplace as a node operator. This partnership underscores Northstake’s commitment to delivering institutional-grade staking solutions by integrating Everstake’s proven expertise and robust node operations. Everstake will contribute…
Read MoreKentucky governor signs ‘Bitcoin Rights’ bill into law
Kentucky governor Andy Beshear has signed a measure known as the “Bitcoin Rights” bill, into law, enshrining protections for crypto users, as two other US states’ Bitcoin reserve legislation advanced. Crypto advocacy group the Satoshi Action Fund said in a March 24 statement to X that House Bill 701 protects the “right to self-custody, run…
Read MoreTrump Media looks to partner with crypto.com to launch ETFs
Trump Media has signed a non-binding agreement with Crypto.com to launch a series of exchange-traded funds in the US. Trump Technology Group Corp (TMTG) — the operator of the social media platform Truth Social and fintech brand Truth.Fi is also part of the agreement — which is subject to regulatory approval, according to a March…
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