Author: driver789
One trader flipped a single ETH into more than $470,000 in just a few hours. Another held a position for 580 days watching it sit near zero, then walked away with close to $392,000. Both made their money on the same token — a memecoin called Asteroid Shiba — after a two-word reply from Elon Musk lit up crypto markets on Friday. Related Reading Asteroid Shiba: A Wish That Sparked A Frenzy The story behind the token is unlike most in the memecoin world. Asteroid Shiba was inspired by a plush Shiba Inu dog designed by Liv Perrotto, a 15-year-old…
Kelp, a liquid restaking protocol, was the victim of a cyber attack on Saturday, causing the platform to pause smart contracts for its restaking token (rsETH), as it “investigates” the attack amid reports of hundreds of millions of dollars in losses.“Earlier today, we identified suspicious cross-chain activity involving rsETH. We have paused rsETH contracts across mainnet and several Layer-2s,” the Kelp platform said in an X post.The attacker exploited the rsETH adapter bridge contract, the software code that manages Kelp’s rsETH token, and drained the platform of about $293 million in funds, according to blockchain security firm Cyvers.Source: CyversThe attacker…
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
A cross-chain bridge holding nearly a fifth of a restaked ether token’s circulating supply just got drained, and the fallout is moving through DeFi faster than Kelp DAO can pause contracts.An attacker drained 116,500 rsETH (restaked ether) from Kelp DAO’s LayerZero-powered bridge at 17:35 UTC on Saturday, worth roughly $292 million at current prices and representing about 18% of rsETH’s 630,000 token circulating supply tracked by CoinGecko.LayerZero is a cross-chain messaging layer, or the infrastructure that lets different blockchains send verified instructions to each other. Kelp DAO is a liquid restaking protocol, which takes user-deposited ETH, routes it through EigenLayer…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…
A bold XRP price forecast is gaining traction among community members, as an analyst predicts the cryptocurrency’s next moves in the coming weeks. The expert has mapped out an aggressive roadmap tied to a sequence of upcoming events, including the launch of X Money, which he expects could potentially drive XRP’s price toward $10. The projections also point to a much larger breakout phase, fueled by highly anticipated developments that could redefine the digital asset’s market position. Related Reading X Money Projected To Drive XRP Price To $10 Crypto market expert The Real Remi Relief has released an incredibly bullish…
Key takeaways:Solana maintains its market dominance in DEX volume and TVL despite SOL’s underperformance versus its peers.Easing sell pressure from volatile geopolitics and a resurgence in memecoin activity could catalyze a SOL price rally to $100.Solana’s native token SOL (SOL) gained 10% within five days, reaching a three-week high on Friday. This price movement followed a generalized excitement after the US and Iran announced a ceasefire extension, which led to an 8% decline in crude Brent oil prices. Demand for SOL futures surged as open interest jumped by 20% since Sunday, causing traders to question if the SOL price is…
Aave 疑因 rsETH 攻击事件出现坏账,具体数额暂时不明 – BitRss – Crypto World News ChainCatcher 30 minutes ago 17 ChainCatcher 消息,因 Kelp DAO 攻击者使用盗取的 rsETH 在 Aave 进行抵押并借 ETH ($2,349.93 · Live),Aave 疑似出现坏账,具体数额暂时不明。Aave 官方表示:“Aave V3 和 Aave V4 上的 rsETH 市场已被冻结。我们正在审查攻击发生后 Aave 上发生的 rsETH 借款信息,并将尽快分享更多细节。如果协议因本次事件积累了坏账,我们将探索弥补损失的途径。”OKX 行情显示,AAVE ($103.84 · Live) 暂报 105.15 USDT ($1.00 · Live),24 小时下跌 9.56%。 BitRss shares this Content always with License. Read Entire Article Screenshot generated in real time with SneakPeek Suite Homepage International Aave 疑因 rsETH 攻击事件出现坏账,具体数额暂时不明 BitRss World Crypto News | Market BitRss | Short Urls Design By New Web | ScriptNet
Leading bitcoin treasury company Strategy (MSTR) has proposed shifting the dividend payment schedule on its perpetual preferred equity, Stretch (STRC), from monthly to semi-monthly.The amendment, outlined in Strategy’s investor presentation, would keep the 11.5% annualized dividend rate and total annual obligations unchanged (currently $1.2 billion). Holders would receive payouts roughly every two weeks instead of once a month, with the first semi-monthly payment expected on July 15, following the June 8 shareholder vote.According to Strategy’s presentation, STRC currently sees an average $0.45 price drawdown after the ex-dividend date (the deadline to own a stock to receive a dividend), with recovery…
Bitcoin seems to have finally broken out of weeks of stagnation with an 11% rally, signaling a notable shift in its market momentum. Expectedly, this move has drawn renewed attention from various market participants who may be eager to re-enter the market. However, an influential on-chain analyst has come out to explain why Bitcoin traders should be cautious during this phase of the cycle. According to the market pundit, the most optimal entry point might actually not be close to current price levels. MVRV Ratio, Realized Price Reveal Short-Term Strength, But Not Market Top In a recent Quicktake post on…