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Crypto hacks in 2024 caused nearly $3 billion in damages, with access control flaws driving 78% of the losses, data shows. 2024 proved to be another challenging year for blockchain security, with nearly $3 billion lost to crypto hacks, according…
News
Aave and Lido together have surpassed $70 billion in net deposits for the first time in history, as per Token Terminal.
News
Decentralized exchange platform PancakeSwap had a remarkable 2024 as growth across decentralized finance drove trading volume to over $310 billion. In a report summarizing the DEX platform’s year-over-year performance, PancakeSwap (CAKE) said its global trading volume reached $310.6 billion. The protocol achieved…
CAKE
PancakeSwap
News
Artificial Intelligence-related cryptocurrencies saw a significant rally over the past day as several new developments surrounding the AI industry reignited interest among its investors. NEAR Protocol NEAR Protocol (NEAR), the largest AI coin by market cap, rose 6% in the…
News
India could lose over $2 billion in tax revenue from cryptocurrency transactions over the next five years due to its tax policies driving traders to offshore platforms, according to a recent report. The December report from Indian technology think tank…
News
OKX Ventures invests in USUAL, a cutting-edge decentralized stablecoin backed by real-world assets. The investment division of the well-known cryptocurrency exchange OKX, OKX Ventures, has formally announced its investment in the Usual Protocol, a decentralized stablecoin issuer that seeks to…
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Hyperliquid Labs, the team behind HYPE’s $28 billion FDV token, refuted claims that North Korean hackers had infiltrated its layer-1 protocol.
HYPE
Hyperliquid
News
Chainlink, the oracle network bringing global finance on-chain, has announced the launch of an oracle solution it says will help decentralized finance protocols recapture maximal extractable value. The Chainlink Smart Value Recapture is a MEV solution that DeFi applications can…
Press Releases
Crypto.news has announced the winners of the 2024 awards, recognizing top projects in categories like meme coins, decentralized finance, and crypto-wallets. As 2024 draws to a close, crypto.news is proud to announce the winners of its annual awards, recognizing standout…
Markets
Solana’s continued doing well in December, as meme coins helped it gain market share against Ethereum and other blockchains. According to DeFi Llama, Solana’s (SOL) protocols in the decentralized exchange industry were the most active in December. Its volume rose…
Markets
AAVE price rebounded for the second consecutive day, erasing some losses from last week, as smart money investors bought in and exchange balances declined. AAVE (AAVE), the largest lending protocol in the crypto industry, climbed to $341 on Monday, Dec.…
News
Hyperliquid’s native token, HYPE, which had been on an upward trend over the past few days, experienced a 20% price dip today, trading at $26.54, while its market cap dropped below $9 billion. Hyperliquid (HYPE) surged to a record high…
HYPE
Hyperliquid
News
Former college football player and United States House Republican candidate Bo Hines has been named the executive director of the Presidential Council of Advisers for Digital Assets by incoming President Donald Trump. Dubbed the “Crypto Council,” Hines will work alongside…
News
MOVE, the native token of the Ethereum layer-2 blockchain Movement, experienced a significant price rally outpacing the broader crypto market, which remained on a downward trajectory. Movement (MOVE) recorded the highest gains among the top 100 largest crypto assets on…
News
Prominent cryptocurrency and stock trading platform Robinhood continued to expand its meme coin offering with the listing of Bonk. According to a Dec. 20 announcement, the Solana-based meme coin will now be accessible to over 24 million Robinhood users. BONK…
News
Spot Bitcoin exchange-traded funds in the United States recorded $680 million in outflows on Dec. 19 as Bitcoin fell below $96k amid the Federal Reserve maintaining a cautious outlook on future interest rate cuts. According to data from SoSoValue, the…
