Nexera Protocol Faces $1.5M Smart Contract Exploit
A smart contract security incident has resulted in the exploitation of the Nexera protocol, resulting in the theft of $1.5 million in digital assets. According to an August 7 X post by Cyvers, Nexera, a decentralized finance (DeFi) protocol that sought to connect DeFi with traditional finance, was compromised for $1.5 million in Nexera (NXRA) […]
Bitcoin Nears Death Cross Formation
Bitcoin is nearing a death cross formation, where its 50-day moving average is about to fall below the 200-day moving average, according to Barchart. Bitcoin’s (BTC) imminent formation of an ominous death cross is predicted by Barchart. An ominous formation emerges when the short-term gains of the largest cryptocurrency surpass its long-term gains. Specifically, this […]
Kamala Harris Forms Crypto-Savvy Team
Kamala Harris‘s presidential campaign appointments hint at a potentially favorable shift towards cryptocurrencies despite her unclear stance. Kamala Harris’ position on cryptocurrencies remains uncertain as she commences her presidential campaign in the wake of President Joe Biden’s decision not to run. Nevertheless, her most recent strategic appointments for her team indicate a potential transition to […]
AI DApps Take Lead in Thriving Web3 Ecosystem
The decentralized application (DApp) industry is substantially transforming as AI-based DApps assume the lead in the Web3 ecosystem, overtaking gaming. AI DApps currently dominate the market, accounting for an impressive 28% of daily activity, as per DappRadar’s DApp Industry Report for July 2024. AI DApps Overtake Gaming Industry For the first time in over a […]
GoatToken to Launch on Binance, New Era for Investors
GoatToken’s January 1st, 2025 launch on Binance marks a significant milestone, driven by over a year of dedicated effort from the project’s team. GoatToken (GT) has caused a stir in the cryptocurrency community with its announcement that it will be launched on the Binance platform on January 1, 2025. This represents a significant milestone in […]