IDEX, the native token of the hybrid decentralized exchange (DEX) and market-making protocol of the same name, has increased 33% over the past 24 hours as it records a surge in investor interest. The crypto asset, often leveraged for gas fees and liquidity provision on the Idex exchange, had witnessed a generally bearish trend over the...
NFT Price Floor co-founder Nicolás Lallement anticipates a quality NFT comeback thanks to the bullish sentiment and cheap layer-2 solutions. As the craze around meme coins keeps unfolding, the spotlight now shifts to non-fungible tokens (NFTs), a sector experiencing renewed interest following a period of subdued activity. NFT Price Floor co-founder Nicolás Lallement shared with crypto.news his perspective on...
ParaSwap, a decentralized finance aggregator, has started returning crypto to users after fixing a critical vulnerability in its Augustus v6 smart contract identified last week. The smart contract bug emerged shortly after the contract’s introduction on March 18, aimed at improving swapping efficiency and reducing gas fees. However, the contract contained a critical vulnerability, allowing hackers...
Nadeem Anjarwalla, a detained Binance executive in Nigeria, reportedly escaped custody after being taken for prayer. On Mar. 22, Nadeem Anjarwalla, a British-Kenyan who is Binance‘s regional manager for Africa, reportedly fled Nigeria after being detained upon arrival in the country as part of an investigation into the exchange. Anjarwalla, who was detained in Nigeria, reportedly departed from Abuja via...
Kelexo (KLXO), a new defi project is emerging as an attractive lending platform, drawing the attention of Dai (DAI) and Internet Computer (ICP) investors. Changing trends are a big part of trading and cryptocurrency trading is not an exemption. Investors have always moved with the tides to keep their heads above water. Good investors take advantage of...
Prominent Bitcoin (BTC) advocate and MicroStrategy Inc. chair Michael Saylor shared a chart on Saturday, March 23 comparing Bitcoin’s performance with traditional assets like the S&P 500, Nasdaq, gold, silver, and bonds. Saylor took it as an opportunity to assert Bitcoin’s supremacy in the investment landscape. According to the chart, Bitcoin has grown 432% in that time,...
The zkSync decentralized exchange project, ZigZag, has accused the decentralized gambling platform ZKasino of fraud, claiming that the money used to build ZKasino was stolen from the ZigZag Treasury. ZigZag founder Kedar Iyer called out ZKasino founders on X, saying: “They would claim they were taking money out to pay developers for building the ZigZag frontend,...
RippleX has reported a technical glitch affecting some Automated Market Maker (AMM) pools on the XRP Ledger (XRPL). The glitch has disrupted transactions within these pools. The RippleX team has alerted users through a post on X, advising against new fund deposits into AMM pools. Those holding liquidity provider (LP) tokens have been advised to withdraw their funds...
In anticipation of the forthcoming Bitcoin (BTC) halving event, thousands of outdated Bitcoin mining machines in the U.S. are being prepared for shipment to destinations abroad. According to Bloomberg, SunnySide Digital — a wholesaler in the crypto mining industry — is sending approximately 6,000 older Bitcoin mining machines to a warehouse it operates in Colorado Springs. The company plans...
Polygon disclosed that its zero-knowledge Ethereum Virtual Machine (zkEVM) beta faces downtime due to a sequencer issue. In a recent update on X, Polygon (MATIC) attributed the issue to a problem with the blockchain sequencer. Despite the setback, Polygon stated that other facets of its ecosystem, such as its proof-of-stake (PoS) network and chains developed with the Polygon software development kit,...
