Base Network Surpasses Arbitrum in Monthly Active Addresses

In the first few days of April, the Base network, which is backed by Coinbase, has outpaced Arbitrum as the leading layer-2 solution on Ethereum. The network has attracted over 1.48 million new active addresses. This number is only slightly higher than Arbitrum One’s count of approximately 1.43 million during the same period, according to … Read more

Bitcoin Miners Start Booking Profits Ahead of Halving

In the coming fortnight, the fourth bitcoin halving will take place, an event causing great anticipation within the Bitcoin community. As a significant shift approaches for the ecosystem, many miners are choosing to sell off substantial quantities of their bitcoins in preparation. Furthermore, the level of competition is increasing significantly. The hashrate of the Bitcoin … Read more

Malicious Chrome Extensions Drain $800K from Crypto Investor

According to reports, two potentially harmful Google Chrome extensions allegedly took around $800,000 from an individual investor in cryptocurrencies, identified as “Sell When Over,” on the X platform. Approximately $800,000 seems to have been entirely surrendered in this instance. I have my suspicions that this was a breach of Google Chrome security, potentially involving a … Read more

Eisenberg’s Trial Over $116M Mango Markets Exploit Begins

In the coming Tuesday, New York City will witness a significant trial. The defendant, Avraham “Avi” Eisenberg, is facing charges for allegedly defrauding and manipulating the Mango Markets Decentralized Finance (DeFi) system on Solana in October 2022. Prosecutors argue that these actions led Eisenberg to illegitimately secure crypto loans valued at around $116 million, resulting … Read more

Ethena Labs Approved for $250M USDeFRAX Pool on Curve

Ethena Labs, a company specializing in creating synthetic dollars, received permission from Frax Finance to set up a USDeFRAX pool with a limit of $250 million on the Curve exchange for their defi stablecoin. This move aims to expand the earning opportunities for FRAX stablecoins. Thrilled to announce my endorsement of FRAX’s unique plan for … Read more