Singapore, Singapore, 18th September 2024, Chainwire
Synthetix, a popular DeFi protocol, is facing challenges regarding its plans for Arbitrum, a layer-2 platform for Ethereum. According to the recent voting results, the community voted against its plans to extend its Long-Term Incentive Program (LTIP) grant.
The cryptocurrency market is no stranger to sudden shifts, and Arbitrum (ARB) is currently in the spotlight. After a prolonged period of trading within a descending channel, ARB is now testing critical resistance levels that could signal a massive breakout.
Cardano and Zilliqa work together to forge stronger connections and advance a more unified blockchain future.
Zilliqa Group, the web3 platform behind the Zilliqa (ZIL) blockchain, has partnered with EMURGO, the blockchain company supporting Cardano (ADA) development and adoption. This alliance aims to create a bridge between the ADA and ZIL blockchain ecosystems, leveraging the strengths of both platforms to promote interoperability and innovation.
DeltaPrime DeFi, which runs on the Arbitrum platform, has been dealt a major blow in the form of a hack. The attack that took place at 6:14 AM CET led to a loss of $5. 98 million to liquidity pools belonging to the provider DeltaPrime was first flagged by Cyvers alerts.
Arbitrum tests resistance, with a potential 182% price surge on the horizon. Will it break out?
The hacker exploited DeltaPrime's admin proxy, enabling them to redirect contracts to malicious addresses. By doing so, they were able to drain funds from key liquidity pools, including DPUSDC, DPARB, and DPBTCb.
The blockchain security company Cyvers has reported a security leak in the decentralized finance (DeFi) protocol DeltaPrime, which operates on the Arbitrum network. The Cyvers estimates the loss in the incident to be four and a half million dollars at first, however, after it was reported that the funds had been transferred from DeltaPrime's DeFi
TL;DR DeltaPrime Hack: DeltaPrime, a DeFi platform, lost over $6 million due to an admin key hack on the Arbitrum network, highlighting serious security concerns. Details and Impact: The hacker exploited a leaked private key to drain funds, affecting various tokens like USDC, ARB, and BTC, and leaving the Avalanche version unaffected.
The attack is believed to have occurred due to a private key exploit.
DeltaPrime, a DeFi protocol on the Arbitrum chain, has fallen victim to a series of suspicious transactions. The Web3 security firm CyVers flagged the issue, revealing that malicious actors have compromised protocol's admin wallet.
Arbitrum and ApeCoin prices will be in the spotlight this week as their networks unlock millions of tokens. ApeCoin (APE) token was trading at $0.
Bitcoin has struggled to hold onto the critical $60,000 support level in recent weeks due to the increasing selling pressure. Meanwhile, several emerging altcoins have outperformed Bitcoin over the past week. This has made analysts rethink their forecasts on leading altcoins including FET, Quant and Fantom which might lead gains in the coming week.
Circle Internet Financial, the company behind the US Dollar Coin (USDC), has announced the integration of the Arbitrum layer-2 scaling chain into its Web3 infrastructure platform.
Bitcoin's rebound above $57,000 sparks a wave of gains across the altcoin market, with QNT, FTM, and OM leading the charge.
On-chain data suggests further tailwinds for Quant's price.
DappRadar shows that in the last 24 hours, volumes have dropped by 33% to $1.08 billion
Arbitrum holds the top spot in the Layer 2 ecosystem with the highest TVL, but ARB token holders face challenges.
Quant (QNT) investors are looking for new opportunities to maximize their bullish gains. One of the most promising investments gaining attention is Mpeppe (MPEPE), a new gambling coin currently priced at $0.0021.
QNT, the native token of Quant, has seen a 10% surge over the past day, making it the top gainer in the market today. According to price data from crypto.news, Quant (QNT) was trading at $77.02 upon writing.
Amid the crypto market hitting a crossroads near the weekend, the altcoins market is ending the week on a minor recovery note. With the increasing chances of a breakout rally next week, many altcoins offer a simple buy low, sell high opportunity.
Circle integrates its USDC stablecoin with Arbitrum's Layer-2 network, enhancing Web3 tools for developers and expanding USDC's presence in decentralized finance.
The crypto prices today have sparked a tidal wave of speculations among investors globally. Bitcoin (BTC) price encountered turbulence at the $58K level, whereas Ethereum (ETH), Solana (SOL), and XRP mimicked a volatile movement.
Cryptocurrency prices moved sideways this week even after the United States published encouraging consumer inflation data. Bitcoin was stuck below $60,000 while Ethereum moved slightly below $60,000. The total valuation of all cryptocurrencies remained at $2.04 trillion while the crypto fear and greed index moved to the fear zone of 37.
Proponents of migration plan see ZKsync as more 'suited' to Treasure DAO's long-term plans for decentralized gaming.
It's Circle's latest effort to embed USDC into Arbitrum, a hub for DeFi, and to compete with Tether's USDT.
Take a comprehensive look at this article, as traders gear up for the US Presidential Election with a strategic investment in these five bullish coins. Find out which cryptocurrencies are anticipated to offer stable returns during the uncertain election period.
The cryptocurrency landscape is once again showing signs of recovery, with notable projects like Quant (QNT) and Mpeppe (MPEPE) attracting significant attention from investors and traders alike. While Quant (QNT) is experiencing a surge in address activity, Mpeppe (MPEPE) is lighting up the market with its innovative features as a gambling casino ICO, offering unique opportunities for those looking to capitalize on the next wave of crypto growth.
The deployment of GHO has been limited to Ethereum and Arbitrum networks, at least for now.
Arbitrum shows potential for recovery as adoption grows and bullish signals emerge.
In the world of cryptocurrency, both established giants and emerging tokens are capturing the attention of investors. Recently, Quant (QNT) has shown signs of a strong bullish trend, while whales are eyeing new opportunities in the fast-growing gambling token Mpeppe (MPEPE).
Coinbase's native layer 2 network Base has surpassed 4.2 million daily transactions, according to data from Coin98Analytics. Arbitrum came closest with 1.3 million transactions followed by Ethereum with 1.1 million transactions.
Arbitrum (ARB) has recently emerged as a notable performer. After breaking out from a falling wedge pattern, ARB's price is showing promising signs of further gains.
TL;DR Expansion to Arbitrum: Paxos will integrate its tokenization platform with Arbitrum One, Ethereum's leading Layer 2 network. Expected impact: The collaboration will enable Paxos to leverage Ethereum liquidity faster and at lower costs. Arbitrum Capabilities: Arbitrum One is known for its high performance and scalability, making it easy to integrate real-world assets.
Paxos, a leading tokenization platform, will integrate Arbitrum, marking its first foray into the Ethereum layer-2 ecosystem, according to a Sept. 10 statement shared with CryptoSlate.
Quant's recent performance has been noteworthy. Over the past 24 hours, QNT has achieved a 7.5% gain, outpacing many other cryptocurrencies.
Paxos will integrate with Arbitrum to enhance its presence in Ethereum's ecosystem and facilitate institutional adoption of on-chain real-world assets.
Stablecoin issuer Paxos is set to launch its products on the Ethereum Layer 2 blockchain Arbitrum One as it expands its services.
Daily active addresses have reached the highest level in more than a year.
Arbitrum's bullish breakout targets 25% gains - large transactions and rising activity spark excitement.
The recent surge in Quant (QNT) prices has brought fresh optimism to its holders. Meanwhile, the new casino-based cryptocurrency, Mpeppe (MPEPE), is attracting significant investment from Ethereum (ETH) whales.
Quant (QNT) is among the altcoins that decoupled from the downside trends in the broad market, gaining over 17% over the past week. The weekly chart confirms a remarkable jump from $56.11 to press time levels of $71.04. That saw QNT hitting the highest price mark since 24 August.
QNT, the native token of Quant, has experienced a sharp rally over the past week, gaining over 17% in response to the regulatory green light for its staking feature. According to price data from crypto.
Quant (QNT) token rose for the second consecutive day, reaching a high of $70, its highest swing since Aug. 26. It rose by over 23% from its lowest point last week but remains 54% below its highest point this year.
Arbitrum was on the verge of a bullish breakout, which could result in a 25% price rise soon.
Cryptocurrency Prices Today (September 8): The broader market today regained an upward movement after a slumping action recently. Bitcoin (BTC) price reattained an upward movement to reach the $54K level, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the green territory.
Explore an in-depth examination of RWA Coins price outlook in the current market context. The article provides expert insights and anticipations based on recent market trends and cryptocurrency forecasts.