Market News – Page 19 – WORLD CRYPTO BUSINESS

DeFi Hacker Steals $13.4M in DEUS Finance Attack

[ad_1] Share this article The DEUS team said that user funds were safe.  DEUS Finance Suffers Flash Loan Exploit  DEUS Finance DAO is the latest DeFi protocol to suffer a major attack. ... Read more »

Maker Up 11% Despite Terra CEO’s Pledge to Kill DAI

[ad_1] Key Takeaways MKR, the governance token of the Maker protocol, has risen 11% Tuesday. Maker appears to be benefitting from UST’s recent de-pegging event which saw the dollar pegged asset slip... Read more »

The Latest Ethereum NFT Craze? Four-Digit Numbers

[ad_1] Key Takeaways Sales of four-digit ENS domains have skyrocketed as collectors rush to own one of only 10,000 possible combinations. The current number mania has resulted in ENS domain sales hitting... Read more »

Solana on the Verge of Major Price Movement

[ad_1] Key Takeaways Solana is up by more than 40% from the $36.20 low hit on May 12.  Still, the token appears to be locked in a consolidation pattern. An hourly close... Read more »

As the Market Bleeds, Bitcoin Dominance Hits Seven-Month High

[ad_1] Key Takeaways Bitcoin’s market cap dominance is holding above 45% for the first time since October 2021. The top crypto’s dominance over the market has surged since Terra’s implosion last week.... Read more »

Stablegains Faces Lawsuit After Losing $44M on UST

[ad_1] Key Takeaways Yield generation app Stablegains is facing a lawsuit after losing $44 million of users’ funds. Despite previously claiming it used USDC to generate yields, a recent update revealed the... Read more »

Despite Merge Hype, Ethereum Is at Risk of a Correction

[ad_1] Key Takeaways Ethereum looks weak around the current price levels as trading volumes decreases. Although Ethereum is expected to complete “the Merge” to Proof-of-Stake this year, market sentiment is at a... Read more »

Is Tether’s USDT Going to Pull a UST? Probably Not

[ad_1] Key Takeaways Following Terra’s UST collapse, Tether’s USDT market cap has dropped by over $9 billion. The recent redemptions of USDT for dollars have led some to once again question the... Read more »

Kusama Rallies 13% After Crowdloan Token Unlock 

[ad_1] Key Takeaways KSM, the native token of the Kusama network, surged 13.5% Monday. 1.1 million KSM tokens locked up from the network’s first five parachain auctions have been returned to holders.... Read more »

Fear Prevails in Crypto Market as Bitcoin Tumbles

[ad_1] Key Takeaways The crypto market has lost over $1.7 trillion of value in the last seven months.  Terra’s recent death spiral has had an impact on market sentiment. Another downswing is... Read more »