Roughnecks Pulls the Plug as the Fork Freezes The group announced the decision shortly before 4 a.m. UTC on Aug. 9, following …
Collapses
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Markets
Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults
by shayaanby shayaanAn attacker fed the lending system a fake, abnormally low bitcoin price, liquidated vaults that should have been safe, and pocketed the …
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Scams
Jack Mallers Quits Twenty One Capital as Tether’s Bitcoin Merger Collapses
by shayaanby shayaanIn brief Jack Mallers stepped down as CEO of Twenty One Capital, announcing his return to Bitcoin payments firm Strike—which will remain …
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As Ethereum (ETH) remains trapped below crucial resistance levels, the altcoin seems to be experiencing “one of the most dramatic sentiment reversals …
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Analysis
Telegram-Based P2E Tokens CATI, HMSTR, and NOT On Fire as TON Fees Collapses
by shayaanby shayaanJust when Telegram-based Play-to-Earn (P2E) tokens looked completely written off, they’re suddenly back from the dead and moved fast. The trigger today? …
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Markets
$1.6 billion Ether Machine SPAC deal collapses over unfavorable market
by shayaanby shayaanThe Ether Machine, an ether treasury firm, currently has more than $1 billion in ether in its treasury. www.coindesk.com
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Crypto lending DeFi protocols have seen their market contract by about $45 billion since October. Data from Artemis shows deposits across these …
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Mining
Bitcoin hashrate collapses weakening security as major mining pool drops 30% of its power
by shayaanby shayaanOne thing we rarely think about is how bad weather can affect Bitcoin’s security, but it happens fairly regularly. Snow can legitimately …
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Solana (SOL), the world’s fifth-biggest cryptocurrency by market cap, is poised for downside momentum as its daily chart flashes a warning sign. …