A $293 Million Hack Wiped $8 Billion From Aave Crypto TVL: Is the DeFi Protocol in Crisis?
Aave crypto is bleeding. The DeFi lending giant has shed nearly 21% over seven days, with AAVE trading around $90–$91 after a weekend that exposed...
Tag : Million
Snap Cuts 1,000 Jobs, Aims to Save $500 Million as AI Reshapes Operations
In brief Snap laid off approximately 1,000 team members, representing 16% of its full-time workforce. The cuts are expected to reduce the company’s annualized cost...
Drift Taps Tether for $148 Million Recovery Plan, Ditches Circle's USDC Following DeFi Exploit
In brief Drift Protocol is working with Tether on establishing a recovery pool for victims that lost $295 million to an exploit this month. Drift...
Kraken Parent Payward Agrees to Acquire Derivatives Exchange Bitnomial for $550 Million
In brief Kraken parent company Payward entered into a definitive agreement to acquire Bitnomial for up to $550 million in cash and stock. The transaction...
Dogecoin Nears $0.10 Again as Maxi Doge Presale Approaches $5 Million
Dogecoin (DOGE) is once again testing the $0.10 area after rising 3.5% over the past 24 hours to as high as $0.098 before easing slightly...
Ripple XRP ETFs Just Hit $959 Million in AUM — But the Chart Is Sending a Very Different Signal
Ripple XRP is trading at $1.4059, up 3.5% in the last 24 hours, a move that sounds decisive until you check the longer-term chart. The...
Cantor Fitzgerald Donates $10 Million to Crypto PAC Led by Tether Executive
Cantor Fitzgerald has donated $10 million to Fellowship PAC, a crypto-focused super PAC chaired by Tether’s U.S. head of government affairs Jesse Spiro, according to...