Flare Unveils Luminite Wallet to Simplify DeFi for New Crypto Users
Flare Network has officially launched Luminite, a lightweight, non-custodial crypto wallet designed to make decentralised finance (DeFi) accessible for newcomers, particularly XRP holders and first-time crypto users. This strategic move aims to reduce the traditional entry barriers associated with DeFi platforms, offering a user experience closer to fintech apps than
SPARK Ignites Solana Scene After 15,000% Surge
SPARK, a little-known memecoin launched on the Solana blockchain, has taken the crypto world by storm with an explosive debut. In just under 48 hours, the token soared an astonishing 15,000%, transforming from a near-zero market cap to over $15 million, a move that caught the attention of both traders
CrediX Recovers $4.5M in Crypto After Deal with Hacker
Decentralised finance protocol CrediX has recovered $4.5 million in stolen digital assets following a private negotiation with the exploiter, offering a rare positive turn in what has otherwise been a devastating year for crypto security. The breach, which occurred earlier this week, saw the funds illicitly transferred to the Ethereum
SharpLink Nears $2B in ETH, Becomes Top Corporate Holder
SharpLink Gaming is making waves in the crypto world as its aggressive accumulation of Ethereum (ETH) brings its treasury to 521,939 ETH, worth approximately $1.91 billion at current prices. The move places the sportsbook marketing firm among the world’s largest corporate holders of Ethereum, significantly expanding its influence within the
Bullish Eyes $4.2B IPO Backed by BlackRock, ARK
Cryptocurrency exchange and media company Bullish is making headlines with its ambitious plan to go public in the United States, seeking a valuation of up to $4.2 billion. Backed by financial powerhouses BlackRock and ARK Investment Management, the company’s IPO comes amid a broader wave of crypto listings fuelled by
Hyperliquid Pays $2M After Outage, Boosting DEX Trust
In a notable display of user-first transparency, decentralised derivatives exchange Hyperliquid has reimbursed nearly $2 million in USDC to traders impacted by a 37-minute API outage that occurred on July 29. The outage, which temporarily halted order execution, sparked concern among users but was quickly addressed by the platform’s team.
Crypto Hacks Surge to $142M in July, CoinDCX Hit Hardest
The crypto industry suffered a sharp increase in hacking-related losses in July, with bad actors stealing at least $142 million across 17 separate incidents, according to blockchain security firm PeckShield. This represents a 27% jump from June’s $111 million in losses, though it still reflects a 46% decline year-on-year from
Billions Network Raises $30M to Power AI-Human Web3 Verification
In a decisive move to tackle identity fraud and enhance trust across the decentralised internet, Billions Network has secured $30 million in funding from a consortium of leading blockchain and technology investors. The mobile-first platform, known for merging artificial intelligence (AI) with human verification, is on a mission to safeguard
Ethena Rallies 155% as Bullish Momentum Accelerates
Ethena’s native token, ENA, has kicked off August with a fresh burst of bullish momentum. The altcoin jumped 14% in the past 24 hours, bringing its current trading price to $0.670. This move crowns a spectacular month for ENA, which has now gained over 155% in July, emerging as one
Ether Gains Ground as Corporate Crypto Holdings Top $100B
As digital assets continue their journey into the mainstream, corporate cryptocurrency treasuries have quietly crossed a historic threshold holding over $100 billion in crypto assets. A recent report from Galaxy Research reveals that firms such as Strategy, Metaplanet, and SharpLink are leading a new wave of institutional investment that is
