News Explorer — Ethereum Lending Protocol Uwulend Exploited for $20 Million

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Jun 10, 4:50 pm

The Defiant

Ethereum Lending Protocol Uwulend Exploited for $20 Million

Uwulend, an Ethereum-based lending protocol, has suffered a $20 million exploit. The attack involved three transactions that converted Wrapped Bitcoin and DAI into Ether. The platform has been paused while the team investigates the situation.

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Jul 14, 10:48 pm

Decrypt

Coinbase Closes in on Target Price as Analysts Praise Exchange's Growth and Profit Margins

Coinbase stock reached an all-time high of $398.50, just shy of the $400 target set by Argus Research. Analysts praised... Read Summary

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Jul 14, 9:48 pm

Decrypt

BitMine Stock Whiplashes Following $500M Ethereum Milestone

BitMine Immersion Technologies saw its stock price surge by 45% to $59.00 after surpassing $500 million in ETH holdings,... Read Summary

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Jul 14, 9:19 pm

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XRP Price Swells Fueled by Utility Optimism, Regulatory Environment

XRP's price surged to over $3.00, driven by optimism about its utility and regulatory environment. Analysts predict furt... Read Summary

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Jul 14, 7:10 pm

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How This Trader Accidentally Burned $58K Worth of PUMP Tokens

A blockchain researcher accidentally burned $58,000 worth of Pump.fun's PUMP token on Solana, but he remains unfazed by... Read Summary

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Jul 14, 6:40 pm

Blockworks

SoFi Taps BlockFi Co-Founder Flori Gilroy to Help Lead Renewed Crypto Push

Flori Gilroy, former co-founder of BlockFi, has been appointed as the senior vice president of SoFi's crypto unit. The h... Read Summary

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Jul 14, 6:29 pm

Decrypt

Nigeria's EFCC Chair Alleges Crypto Corruption Among Politicians

Ola Olukoyede, the Executive Chairman of the EFCC, warned about the risks of corrupt politicians in Nigeria using crypto... Read Summary

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Jul 14, 5:50 pm

Decrypt

Bitcoin Just Posted Its Strongest Weekly Gain Since May—And Charts Say It's Got Room to Run: Analysis

Bitcoin's recent 9.07% gain to $119,400 marks its strongest weekly run since May, with predictions of maintaining moment... Read Summary

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Jul 14, 4:36 pm

Decrypt

Why Ethereum ETFs Are Growing Faster Than Bitcoin Funds

Ethereum-linked funds have seen a 19.5% growth in assets under management to $19.6 billion over the past 12 weeks, outpa... Read Summary

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Jul 14, 4:07 pm

Decrypt

Strategy Is Buying Bitcoin Again as BTC Stash Tops $72 Billion

Bitcoin treasury Strategy, formerly MicroStrategy, now holds 601,550 BTC worth nearly $73 billion after recent purchases... Read Summary

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Jul 14, 3:24 pm

Decrypt

Binance Plots Token Launch Feature, Different From Pump.fun

Binance is launching a new token generation event model for its Binance Wallet, utilizing the bonding curve mechanism po... Read Summary

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Jul 14, 3:16 pm

Decrypt

How China Is Experimenting With Stablecoins

A closed-door meeting in Shanghai discussed the use of blockchain technology by state-owned firms for trade, supply chai... Read Summary

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Jul 14, 2:56 pm

Decrypt

Bitcoin, Ethereum ETF Firm Grayscale Plans to Go Public

Grayscale has confidentially submitted preliminary paperwork with U.S. regulators for the potential listing of its share... Read Summary

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Jul 14, 2:01 pm

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'Uniswap With Rizz': Hyperliquid's Network Gets Project X Exchange

Project X aims to differentiate itself in the crowded DeFi space by focusing on distribution-first approach, emphasizing... Read Summary

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Jul 14, 1:39 pm

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Bitcoin and Ethereum ETFs Now Hold $211 Billion Following Huge Trading Week

Record-breaking momentum in Bitcoin and Ethereum ETFs last week boosted total assets under management in crypto-linked f... Read Summary

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Jul 14, 11:54 am

Protos

Head of Crypto Law Firm Announces Run for New York City Mayor

Max Burwick, founder of Burwick Law, has announced his candidacy for Mayor of New York City, intending to form a crypto... Read Summary

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