THORChain’s members passed “Proposal6” to convert nearly $200 million of unserviceable debt into equity via a new token, TCY (Thorchain Yield), with …
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Markets
Elon Musk’s Dad Eyes $200M Raise From 'MUSK IT' Memecoin to Go ‘Beyond Rockets’
by shayaanby shayaanElon Musk’s dad is promoting a memecoin that capitalizes on the family name to raise upto $200 million for various engineering projects, …
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On Jan. 24, THORChain announced via X that it had paused its network due to excessive debt and leverage issues impacting its …
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The Solana (SOL) network has grown to a top-tier layer one (L1) blockchain majorly bolstered by the memecoins launched in the past …
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Bitcoin news of the newly launched Bitcoin-backed stablecoin USDa by Avalon Labs has rapidly gained traction in the market. It has amassed …
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Smart Contracts
Trading Bot Uses $200M Flash Loan To Conduct Deals, Ends Up With Paltry $3 Profit
by shayaanby shayaanAn automated trading bot recently performed a complex series of transactions on the Ethereum ETH/USD blockchain. According to The Block, the transactions involved …
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The Ethereum-based cryptocurrency lending protocol Aave is witnessing a rapid increase in Coinbase Wrapped Bitcoin (cbBTC) flows into its platform due to …