Ether’s price is trading 15% below the multi-year high of $4,091, reached on March 21. The second-largest cryptocurrency by market capitalization has been on a downtrend, losing 7.5% of its value over the last seven days. Despite this performance, analysts believe that Ether still remains one of the altcoins displaying the most upside potential at the moment….
125 ViewsManta Network, the layer-2 modular network for zero-knowledge applications, has established a $50 million ecosystem fund through its parent, Manta Foundation, to accelerate project development on its blockchain. “The $50 million allocation will last for one year starting from June 15th,” Manta wrote. “All applicants who successfully receive our grant or direct investment will fall under…
144 ViewsGalaxy Digital CEO Michael Novogratz has reiterated his support for memecoins, calling it a “cornerstone” of the cryptocurrency industry in a post on X. Not everyone agrees, though, with many still labeling them as just “silly casino chips.” “So people are making fortunes and there are two ways to make fortunes in memecoin investing,” Novogratz…
113 ViewsBlockchain tokenization platform Holograph’s native token fell as much as 79.4% after a malicious actor hacked the protocol’s operator contract and minted 1 billion HLG tokens worth $14.4 million. Holograph’s X account confirmed the hack on June 14. It revealed that it has since patched up the initial exploit and is working with cryptocurrency exchange partners to…
108 ViewsWhile Bitcoin takes up the lion’s share of its blockchain network on most days, a clear winner has emerged from the bandwidth war between the Bitcoin standards — Ordinals, BRC-20 and Runes. Onchain activity is a good indicator of real-time market demand and overall community interest. Since its launch on April 20, Runes, a standard…
132 ViewsThe OKX cryptocurrency exchange and security partner SlowMist are investigating a multi-million dollar exploit that resulted in two stolen user accounts. The investigation pertains to the theft of two OKX exchange accounts on June 9 through an SMS attack, also known as a SIM swap. This information was reported by Yu Xian, founder of SlowMist,…
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