Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains – CryptoHashy

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

Table of Contents Grand Cayman, Cayman Islands, March 28th, 2024, Chainwire March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading. Sui, the fast ascending Layer 1 blockchain offering industry-leading performance and infinite scaling, continued to demonstrate its … Read more

Stablecoin protocol Prisma Finance hacked for over $11m  – CryptoHashy

Defi lenders and crypto bridges lead exploits in 2023

Stablecoin protocol Prisma Finance experienced a significant cyberattack, resulting in a nearly $11.6 million loss.  The protocol’s operations have been temporarily halted for an ongoing investigation. This event marks the first significant security breach linked to the emerging risks associated with restaking.  Security analysts at Cyvers first uncovered the attack and crypto.news reached out to … Read more

Dogecoin (DOGE) Surges to $0.21, Bullish Bets Rise to $2B on Twitter Payments Speculation – CryptoHashy

DOGE futures OI has reached April levels. (Coinglass)

“Dear #Dogecoin, with X’s new payment branch being awarded more licenses in the U.S., many are speculating about the implementation of crypto payments in the platform,” Dogecoin developer @@mishaboar said in an X post Thursday. “Early this month, Elon said X is very close to landing a money transmitter license in California. Getting the license … Read more

Big Time Generates over $100M in Revenue since Preseason – CryptoHashy

Big Time Generates over $100M in Revenue since Preseason

Austin, United States, March 28th, 2024, Chainwire Innovative game developer Big Time Studios announces that its highly anticipated free-to-play multiplayer action/MMO RPG Big Time, has generated $100M in revenue. According to the team, players transacted a total volume of over $230M, without selling a single token. “Success in Web3 gaming hinges on creating compelling experiences … Read more

Ethereum’s Rising Validator Count Is Causing Concerns, Fidelity Digital Assets Says – CryptoHashy

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The rapidly rising validator count on the Ethereum blockchain following the Shapella upgrade in April last year is causing concerns about technical capacity and centralization, Fidelity Digital Assets wrote in a research report on Thursday. Fidelity noted that “with the lowered risk from increased liquidity, the active validator count has risen by 74%,” and said … Read more