Cetus Protocol Hacked for $223M in DeFi Exploit — Offers $6M Bounty to Attacker for Asset Recovery

In a chilling reminder of the fragility of decentralized finance, Cetus Protocol, the leading decentralized exchange (DEX) on the Sui blockchain, suffered a staggering $223 million exploit on May 22. The attack, which exploited a loophole in the protocol’s pricing mechanism, has left the DeFi community reeling—and the Cetus team scrambling. The attack leveraged a…

Read More

Sui Integrates Axelar Network for Enhanced Cross-Chain Interoperability, Fueling Short-Term Price Surge

In a strategic move to enhance cross-chain functionality, Sui Network has integrated with Axelar Network, allowing seamless liquidity access and interoperability across leading blockchains. This collaboration, announced on May 8, marks a significant step forward for developers and institutions looking to scale their multichain projects in a secure and efficient manner. Axelar’s Interchain Token Service…

Read More

Cardano Achieves Bridge-Free Bitcoin Transfers – Is ADA Primed for a Major Bull Run?

In a groundbreaking move that could reshape the future of cross-chain transactions, Cardano has achieved something remarkable: the transfer of Bitcoin (BTC) to its network without using a bridge, custodian, or any third-party service. This development, showcased by Bitcoin OS, a smart contract platform, signals a new era where Bitcoin can move securely between blockchains,…

Read More

Gemini Lists Ripple’s RLUSD, Boosting Stablecoin Adoption

Ripple’s stablecoin, RLUSD, continues to gain momentum in the crypto space, with its latest milestone being a listing on the prominent U.S.-based exchange, Gemini. Less than six months since its debut, RLUSD is now available for trading, deposits, and withdrawals on the platform, marking a significant step toward broader market adoption. Gemini made the announcement…

Read More

1inch Integrates Solana to Enable MEV-Protected Swaps of Over 1M Tokens

The integration introduces a suite of powerful features designed to improve efficiency, security, and pricing for users. Chief among them is MEV (Maximal Extractable Value) protection—an increasingly vital safeguard that prevents traders from being front-run by bots or whales. By sourcing liquidity from all major Solana decentralized exchanges, 1inch ensures users get the best swap…

Read More

Solana DEX Growth Soars as 1inch Launches, Paving the Way for Seamless Crosschain Swaps

Solana is fast becoming a dominant force in the decentralized finance (DeFi) world, outpacing competitors with impressive growth figures. In the past three months, Solana has seen a 33% surge in decentralized exchange (DEX) volume, alongside a remarkable 400% increase in transactions and 180% more active addresses. This rapid expansion highlights Solana’s growing appeal as…

Read More
Back To Top