Polkadot Funds $14.4M for DeFi Project Hydration #DeFi
Polkadot’s treasury allocates $14.4M to boost DeFi project Hydration, enhancing liquidity and efficiency. Phase one offers over 200% APY for liquidity providers. #DeFi #Polkadot
Dogwifhat Skyrockets After Musk’s Solana Shoutout #Crypto
Elon Musk’s mention of Solana-based meme coin Dogwifhat ($WIF) on X caused a 2.09% price surge to $2.79, boosting its market cap to $2.73B. #Crypto #ElonMusk
Bitfarms Shields from Riot’s Hostile Takeover #Crypto
Bitfarms adopts a “poison pill” strategy to counter @RiotPlatforms’ takeover bid, protecting its strategic review process and shareholder value. Riot holds 19.63% of shares. #BitcoinMining #FinancialNews
Iggy Azalea Launches Solana-Based MOTHER Token #Crypto
Australian rapper @IGGYAZALEA’s Solana-based MOTHER token skyrockets to $186M market cap in a week, driven by her social media. Plans to integrate with her telecom biz. #crypto #Updates
Cryptocurrency Crackdown: Uzbek Student Imprisoned
A Tashkent student was sentenced to 10 days in jail for trading Notcoin. This underscores Uzbekistan’s strict crypto regulations. His phone and bank card were also destroyed. #CryptoLaw #Uzbekistan
Mantra OM Soars Amid UAE Expansion
Mantra’s $OM token hit an all-time high of $1.0924 amid UAE expansion, now at $1.06, up 13% in 24h. Trading volume surged 234%, market cap over $800M. #CryptoNews #Updates
Ripple Expands Digital Economy Collaboration in Georgia #Crypto
Ripple execs met with Georgia’s National Bank Governor Natia Turnava to discuss blockchain tech for digitalizing the economy. NBG named Ripple its partner for the digital lari. #Blockchain #CryptoNews
XRP Healthcare Appoints M&A Expert as Chairman #Startups
XRP Healthcare appoints M&A expert Whitney Lynn as chairman to lead ambitious expansion into Africa, starting with Uganda. $XRP price sees a 0.30% boost. #Healthcare #Blockchain #Updates
Crypto Fraud Uncovered: AI’s Crucial Role Revealed #Security
Elliptic’s report reveals rising AI use in crypto fraud. Scammers use deepfakes of Elon Musk and Lee Hsien Loong to trick victims. Hundreds of fake tokens like “GPT” also registered. #Crypto #AI
Loopring Wallet Breach Exposes Critical Vulnerabilities #Security
Loopring’s Ethereum ZK-Rollup protocol suffered a breach on June 9, leading to the theft of $5M in ETH. The hack exploited their 2FA service, raising concerns over smart wallet security. #CryptoNews #Ethereum
Polkadot Surges: DOT Undervalued Amid RWA Moves #Crypto
Polkadot leads the Real World Assets (RWA) sector with its new functionality and Polkadot 2.0 JAM Whitepaper, aiming for significant $DOT growth. Liquidity trends show key resistance at $8 and $10. #Blockchain #CryptoNews
Ethereum Surges Amid Bitcoin’s $2B Inflows #Crypto
Bitcoin ($BTC) led last week’s digital asset inflows with $1.97B, pushing total inflows to $4.3B. Ethereum ($ETH) also surged with $69M due to SEC’s approval. #Crypto #Updates
Arbitrum Invests $225M in Gaming Development #Crypto
The @Arbitrum Foundation commits 225M $ARB ($214M) to the Gaming Catalyst Program, boosting blockchain gaming with developer support and infrastructure rewards. #BlockchainGaming #Updates
Staking Begins at Polyhedra Network After Trademark Win
Polyhedra Network launches a 4-week staking program with $1.13M in rewards for staking ZKJ tokens. Minimum 1,000 ZKJ required. Resolution of ZK trademark dispute boosts community trust. #crypto #Updates