Radiant Capital has initiated its debt repayment process following a financial setback due to a flash loan exploit. The cross-chain lending protocol, caught in a turbulent cyberattack earlier this month, witnessed a loss of $4.5 million. Nevertheless, in a recent announcement dated January 23, the protocol has reported a substantial initial repayment of 1,190 Ether […]

Blockchain oracle UMA has launched Oval, a solution that lets Decentralized Finance (DeFi) lending protocols capture Oracle Extractable Value (OEV) by auctioning the right to liquidate positions.  Uma Oval to Serve DeFi Protocols Precisely, with Uma Oval, these DeFi protocols will be allowed to tap the value that emerges during Oracle updates via the OEV.  […]

Sui price prediction: Sui, the Layer 1 blockchain, has recently emerged as a standout performer in the volatile cryptocurrency market. Despite facing some market fluctuations, SUI has demonstrated remarkable resilience, showing promise for its trajectory in 2024. In the last 24 hours alone, Sui has experienced a notable 9% surge, with its trading price hitting […]

MicroStrategy’s former CEO Michael Saylor recently posted a cryptic statement on X that has sparked speculations amongst crypto X community members.  The MicroStrategy Bitcoin Strategy The post, which had a picture of an apple and BTC logo on it, suggests that Saylor’s firm may be looking at acquiring more Bitcoin. MicroStrategy has a Bitcoin strategy […]

Ethereum price faces immense bottlenecks amid a sustained drop from its 2024 peak at $2,715 to slightly above $2,200. The sell-off impacting the performance of ETH over the last couple of weeks stems from the downturn that swiftly followed the approval of spot Bitcoin ETFs in the US. While many altcoins and even Bitcoin crumbled under the […]

In a surprising turn of events, Coinbase’s rating was downgraded by JP Morgan on Tuesday. Concerns over the fading hype of Bitcoin ETFs have made analyst sentiment bleak, making them warn about Coinbase’s outlook. The rating downgrade also comes at a time when crypto markets have been rangebound JP Morgan downgrades Coinbase’s rating American multinational […]

Mt. Gox has initiated its long-awaited repayment process to creditors. The defunct cryptocurrency exchange, which suffered a massive security breach in 2014, is now confirming Bitcoin and Bitcoin Cash addresses with its creditors. This move is a key part of the plan to repay a substantial portion of the lost funds. Mt. Gox’s Progress in […]

OKX cryptocurrency exchange intends to compensate users impacted by the recent flash crash of its native token, OKB. This announcement comes after the token’s value experienced a dramatic fall on January 23, causing widespread concern among investors and traders. Sudden Decline in OKB Value On the morning of January 23, OKB’s value plummeted dramatically, falling […]

Manta Network Price Prediction:  MANTA, the native token of the Manta Network, has garnered significant attention in the crypto market following its recent launch on several major cryptocurrency exchanges and an accompanying airdrop. Initially, the listing of MANTA on these exchanges sparked a price surge, peaking at $2.78.  However, this uptrend experienced a rapid reversal […]

As India gears up for the highly anticipated Union Budget 2024, all eyes are on Finance Minister Nirmala Sitharaman. Set to present the interim budget on February 1, 2024, just months before the Lok Sabha elections, this financial blueprint carries the weight of steering the country through economic challenges. Meanwhile, balancing bold initiatives with fiscal […]