DeFi Protocols Surge Over 50% in November
November is closing, and native tokens from various decentralized finance (deFi) protocols are experiencing gains exceeding 50%, pushing DeFi’s total value back to levels last seen in 2021. Data from the Tie Terminal indicates that tokens issued by Curve Finance, Athena, and Lido have experienced some of the most significant market capitalization gains over the […]
Hamster Kombat Bans 2M Cheaters, Confiscates Billions in Tokens
Hamster Kombat‘s X page stated, “Cheaters do not belong in our community,” and that they have banned over 2.3 million users who were discovered to be hacking on the platform. Hamster Kombat is a renowned Telegram tap-to-earn game that has garnered over 300 million users. In spite of this, the team has identified numerous users […]
Solana Recovers as FTX Unstakes $23M in Tokens
Solana (SOL) showed resilience with a 3% rise on Thursday, bucking the broader crypto market downturn. Trading around $135, SOL’s recovery may be linked to recent actions by FTX and Alameda Research. Despite the current bearish sentiment in the broader crypto market, Solana’s native cryptocurrency SOL has exhibited evidence of resilience, recovering slightly on Thursday. […]
Scammers Burning Tokens in Solana Wallets
Con artists are stealing cryptocurrency from Solana users by exploiting the “Permanent Delegate” feature, which lets them burn or transfer tokens freely. Con artists have discovered a new method to steal cryptocurrency from Solana customers. This time, they accomplish this by burning the users’ tokens within seconds of their purchase. An individual named Slorg, who […]
Io.net Teams Up to Launch World First Proof-of-AI
io.net and FLock.io are working together to offer PoAI, a consensus mechanism for decentralized AI networks that ensures integrity and scalability. io.net , a decentralized physical infrastructure network (DePIN), has partnered with FLock.io, a decentralized platform for AI training, to launch a new mechanism called “Proof of AI” (PoAI). As per a press release shared with […]