On-chain sleuths have reported that the decentralized finance (DeFi) protocol Euler Finance is undergoing an exploit. In the flash loan attack, hackers stole over $188 million from the noncustodial De...
Tag: Undergoing
Magic Eden Undergoing Restructuring Process, Lays Off 22 Employees
Following a spree of layoffs across the crypto industry in 2022 – a microcosm of the tech industry at large, which also saw plenty of reductions last year – Magic Eden becomes the latest company to cu...
Bitcoin Undergoing “Most Challenging” Cycle Based On Metric
The current Bitcoin cycle might be its “most challenging” one yet if the drawdown in this on-chain metric is anything to go by. Total Amount Held By 1k-10k BTC Value Band Has Sharply Gone Down Recentl...
Polygon’s zkEVM is undergoing an audit, but what does it mean for MATIC?
New updates released regarding Polygon’s zkEVM. Polygon’s NFT space also witnessed growth last week. Polygon [MATIC] recently revealed the latest developments regarding its much-talked-about zkEVM. Ac...
VeChain (VET) is now undergoing some promising developments.
VeChain is now undergoing some promising developments, as would any blockchain-based endeavor. The official VeChain Twitter account stated that things became rough in October, but that the team is hap...
Pending Home Sales See Surprise Rebound In May, But Experts Warn Housing Market Is ‘Undergoing A Transition’
Topline A leading indicator for housing market activity—pending home sales—unexpectedly jumped in May and reversed six straight months of declines, according to new data from the National Association ...
Celsius Undergoing Restructuring Process With Attorneys To Address Potential Insolvency: Report
An embattled crypto lending platform is contemplating a financial restructuring plan in the wake of its native token dropping by 99% from its all-time high. In a new report, the Wall Street Journal re...
Is Mirror Protocol undergoing exploit for the second time? Here’s the truth
Terra hit the bullseye lately, however, the bullseye for all the wrong reasons. Just when Terra thought that its day of difficulties has ended, there was more in store. But what went wrong this time? ...
Ethereum Unlikely to Merge in June, Despite PoW Undergoing
The much-anticipated merge of Ethereum will not occur in June as planned, according to Ethereum lead developer Tim Beiko. Beiko took to Twitter and tweeted: “It won’t be June, but likely i...
India’s Leading Cryptocurrency Exchange Undergoing Major Leadership Reshuffle
Alex Dovbnya As the threat of a blanket cryptocurrency ban continues to loom in India, two of the co-founders of the leading crypto exchange have reportedly stepped down According to financial news we...