Browsing yearly archive

2024

Lido’s Faulty Contract Locks $24 Million in Solana stSOL Tokens

A smart contract error has locked $24 million worth of tokenized staked Solana (stSOL) on Lido, following its service discontinuation in October 2023. A smart contract mishap has resulted in approximately $24 million worth of tokenized staked Solana (stSOL) being inadvertently locked on the Lido platform. The stSOL tokens represent staked Solana that users could […]

U.S. SEC Calls for Comments on Spot ETH ETFs

Despite rising hopes after the agency’s approval of bitcoin spot ETFs in January, industry analysts have become less optimistic that the regulator will follow suit with the products tracking Ethereum’s (ETH). The commission had been pressured into abandoning its earlier opposition of the bitcoin applications after a key loss in a court dispute with Grayscale, […]

How Should the Bticoin Halving Impact the Cryptocurrency Market

The Bitcoin halving, a four-year event, reduces the reward for miners, impacting crypto trading, profitability, market dynamics, and price volatility. It can create positive sentiment, attract institutional investors, and benefit various participants in the cryptocurrency ecosystem. The Bitcoin halving is a significant event that can influence the cryptocurrency market in various ways, impacting supply and […]

Unified liquidity platform Range Protocol unveils Skate: The first universal application layer powering apps to run on all chains with one state

Singapore, Singapore, April 3rd, 2024, Chainwire Skate is backed by leading founders in web3, including EigenLayer, Polygon, Manta, Axelar, Pendle, A41 and Galxe, supporting its vision to make web3 efficient for a modular future by solving application fragmentation Range Protocol, a unified liquidity provisioning platform, today announced the launch of Skate, the universal application layer […]

Ethena Labs Airdrops $450M in Tokens, Largest Wallet Nets $2M

Ethena Labs has completed a massive $450 million token airdrop, with the top wallet receiving $1.96 million in Ethena tokens as they hit major exchanges. Ethena Labs conducted an extensive airdrop campaign on April 2, distributing $450 million worth of Ethena tokens to several eligible wallets. The airdrop, which is a common strategy used by […]