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DeFi Platform Abracadabra Hacked, Causing $7M Loss and Impacting MIM Stablecoin

DeFi Platform Abracadabra Hacked, Causing $7M Loss and Impacting MIM Stablecoin

Cino GaperiJan 30, 20242 min read

Abracadabra Finance Faces Serious Security Breach You may have heard about the recent security breach that Abracadabra Finance experienced, leading to a temporary loss of $7…

PeckShield Retrieves $675 Million from 2023 Crypto Hacks, Recovering Portion of $2.6 Billion Stolen

PeckShield Retrieves $675 Million from 2023 Crypto Hacks, Recovering Portion of $2.6 Billion Stolen

Demian CrypterJan 30, 20243 min read

Theft of Crypto Assets Drops, But Criminals Still Steal Billions In 2023, criminals managed to steal a total of $2.6 billion worth of crypto assets, according…

Socrates Unveils Season 2 Airdrop of Illuminating Debate Series

Socrates Unveils Season 2 Airdrop of Illuminating Debate Series

Cyrus DaileyJan 30, 20244 min read

Introducing Light of Debate Season 2: A 5 Million SOC Airdrop and New Features on Socrates London, United Kingdom, January 30th, 2024, Chainwire Socrates announces Light…

DAO Backed dYdX Gains $30 Million for Expansion and Diversification

DAO Backed dYdX Gains $30 Million for Expansion and Diversification

Cino GaperiJan 30, 20242 min read

Boosting dYdX: Seeking a $30 Million Infusion dYdX Foundation is making a strategic move in the decentralized crypto exchange sector by seeking a $30 million infusion…

Abracadabra Finance Loses Approximately $6.4 Million in Suspected Security Breach

Abracadabra Finance Loses Approximately $6.4 Million in Suspected Security Breach

Theon BarrettJan 30, 20242 min read

The MIM Stablecoin Depegged Briefly Before Recovering The incident caused the MIM stablecoin to briefly depeg to below $0.7 before recovering to $0.96, according to The…

Approval of $30 Million Funding Proposal by dYdX Community Expected

Approval of $30 Million Funding Proposal by dYdX Community Expected

Wyatt NewsonJan 30, 20242 min read

dYdX Tokenholders to Vote on $30 Million Fundraising Proposal The dYdX Foundation has proposed a $30 million fundraising request, which is expected to be approved by…

dYdX Foundation Proposes Fundraising Plan, Targets $30M in Funding

dYdX Foundation Proposes Fundraising Plan, Targets $30M in Funding

Cyrus DaileyJan 30, 20241 min read

The dYdX Foundation, which supports the decentralized exchange dYdX, has asked for $30 million in funding from the project’s decentralized autonomous organization (DAO). The foundation provides…

Study Shows Bitcoin and Layer 2 Networks Drive Increased Fee Generation in Blockchain Ecosystem

Study Shows Bitcoin and Layer 2 Networks Drive Increased Fee Generation in Blockchain Ecosystem

Benito CormiJan 29, 20243 min read

The PWN DAO Foundation Highlights Trends in Blockchain Fees and Usage The PWN DAO Foundation, associated with PWN peer-to-peer lending protocol, has released a report analyzing…

An In-Depth Metis Airdrop Manual: Your Complete Guide

An In-Depth Metis Airdrop Manual: Your Complete Guide

Althea BurnettJan 28, 20243 min read

Understanding the Metis Airdrop: Insights into Token Distribution and Community Building Whether you are an experienced crypto enthusiast or new to decentralized technologies, it’s important to…

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