Hack: British Lykke Exchange Suspends After $22M Theft #Security
UK crypto exchange Lykke suspends trading after a $22M hack, affecting Bitcoin, Ether, $LTC, and Bitcoin Cash. CEO assures client funds are safe. #Crypto #Security
Brett Surges as New Memecoin Raises $700k #Crypto
Brett, a top memecoin on Base, nears $0.2 driven by @coinbase’s new Smart Wallet. Meanwhile, Base Dawgz ($DAWGZ) raises $700K in presale, featuring cross-chain tech. #Crypto #Updates
Memecoins Revolution: User-Generated Digital Money #Crypto
Jonathan Oggiono of Jupiter says memecoins can help new Web3 users understand crypto. Solana’s Dogwifhat, Brett, and Dog.Go.To.The.Moon challenge $DOGE and $SHIB. #crypto #Updates
Ethena USDE Hits $3B as SOL Surges #Crypto
Ethena USDE’s market cap hits $3B, matching Solana’s pace. Solana gains 14% this month, eyeing $200. New Solana memecoin APORK offers up to 200% ROI. #Crypto #Updates
Startup Zyfi Secures $2M in Private Funding #Startups
Gas abstraction layer Zyfi secures $2M funding from Everstake Capital and Tenzor Capital to simplify gas fees on zkSync, boosting Ethereum’s usability. Nearly 1M transactions facilitated. #Ethereum #DeFi
Hackers Breach UwU Lend Platform Security #Security
DeFi platform UwU Lend hacked, losing $19.5M. Hacker exploited lending contract vulnerability, converting WBTC and DAI to $ETH. Protocol suspended for investigation. #DeFi #SecurityBreach
Uniswap Surges 6% After Major Acquisition News #DeFI
Uniswap Labs acquires blockchain game Crypto: The Game, boosting $UNI by 6%. CTG founders will join Uniswap to develop Season 3. #Crypto #BlockchainGaming
ROSE Spikes Amid Oasis Network Price Surge #Crypto
Oasis Network ($ROSE) surged to $0.12, its highest since April, driven by increased trading volume, reaching $31M. The network processed 386,000 transactions on Sunday. #Crypto #Updates
Solana Smart Wallet Launched by Squads Labs #Crypto
Squads Labs launches Fuse, the first smart wallet on the Solana blockchain, with dual-layered security and $10M in new funding. Available on iOS via TestFlight. #Solana #CryptoNews
Hacker Steals $19.5 Million in UwU Lend Attack #Security
A hacker exploited @UwULend’s DeFi protocol, draining $19.5M in a price oracle exploit. The attack used Tornado Cash and involved assets like $WETH, $WBTC, and $USDC. #CryptoNews #DeFi
Fed Rate Cut Timeline Shifted by JPMorgan, Citi #Crypto
JPMorgan and Citi have delayed their Federal Reserve rate cut projections to later this year. The strong U.S. jobs report, with 272,000 jobs added, influenced this decision. #Finance #Economy
DeFi Revolution: Jellyverse Launches Tools on Sei #DeFi
Jellyverse, @Balancer’s partner on @SeiNetwork, launches DeFi 3.0 tools: JellySwap DEX, JellyStake staking, and jAssets synthetics protocol. First Pool Party starts June 11. #DeFi #Updates
GameStop Stock Frenzy: Unveiling Causes and Key Players
GameStop’s stock ($GME) surged 20x in Jan 2021, driven by Reddit’s r/WallStreetBets, causing major losses for hedge funds. Regulatory scrutiny followed, highlighting market challenges. #Investing #Updates
Bybit Closes China Offices, Staff Relocates #Crypto
Bybit, the world’s second-largest crypto exchange, plans to close its Shanghai and Shenzhen offices, relocating staff to Malaysia and Dubai amidst China’s strict crypto bans. #CryptoNews #Bybit