Author: CryptoHoppers
The promise of decentralized finance (DeFi) was nothing short of revolutionary: democratizing financial services by bringing sophisticated banking capabilities to anyone with an internet connection and a crypto wallet. This vision of accessible, permissionless finance captured the imagination of millions, driving DeFi’s total value locked to unprecedented heights back in 2019 and now again this year. However, as the ecosystem has matured, a stark reality has emerged – many of DeFi’s core promises remain unfulfilled, particularly in one of traditional finance’s most fundamental services: lending. Enter Silo Finance, a protocol that’s flipping the script on DeFi lending. Instead of forcing…
As US President Donald Trump moved to impose new tariffs on Canada, Mexico, and China this past week, Bitcoin (BTC) prices fell to around $91,500 amidst fears of a global trade war. Although the maiden cryptocurrency quickly recovered from the flash crash, a strong rejection at the $102,000 price zone draws much speculation on the future of the current bull run. Bitcoin’s Advanced NVT Flashes Local Bottom Signal – What Does This Mean? In an X post on February 7, renowned crypto analyst Burak Kesmeci shared some insights on the Bitcoin Advanced NVT (network value to transaction) – an on-chain…
Amid the boom in the crypto sector, the leading cryptocurrency exchange, Kraken’s Layer 2 blockchain, InkChain has experienced an impressive surge in active addresses since January 2025, which shows growing adoption in the DeFi ecosystem. The data also shows that the network has maintained an incredible user retention rate of over 80%. Launched on December 18, 2024, It is Kraken’s strategic foray into the Ethereum Layer 2 ecosystem, this leverages Optimism’s scalability solutions. By using Ethereum’s framework, InkChain enables seamless deployment of EVM-compatible applications. This easy integration ensures that developers can migrate existing decentralized applications (dApps) with less trouble while benefiting…
‘I’m not doing a coin”
Key Takeaways Kanye West rejected rumors about launching a meme token. Speculation about a “Ye” currency led to a surge in the price of a Solana token. Share this article Kanye West, who now goes by Ye, said Saturday he only does what he knows and loves, and launching a meme coin is not among them. The rap mogul firmly dismissed swirling rumors of a possible coin launch, stating that he only pursues things he’s “passionate and knowledgeable about.”“IM NOT DOING A COIN,” Ye wrote on X. “I MAKE PRODUCTS.”Ye, whose net worth stands at $400 million according to Forbes,…
Ethereum has retreated for two consecutive weeks as concerns about weak demand and falling market share remain. Ethereum (ETH) dropped to a low of $2,140 this week and bounced back to $2,620 as the crypto industry stabilized. It remains about 37% below its highest level in December last year. Solana becomes formidable rival DeFi Llama data shows that Ethereum’s 30-day trading volume was $95 billion compared to Solana’s (SOL) $264 billion. Ethereum has also been overtaken in terms of fees this year. Its network has collected $172 million in fees, making it the sixth-most profitable cryptocurrency project after Tether, Tron,…
Did Kanye West just expose how celeb X hacks are used to pump fake meme coins?
Key Takeaways Ye’s crypto post casts doubt on celebrity X hack claims. The rap mogul said he rejected the offer. Share this article Kanye West is back on X, and you’ll never guess what happened next.West, now known as Ye, the famous rapper and Bitcoin advocate, posted a screenshot on Friday where an unidentified contact reached out to Ye, offering him two million dollars to promote a fraudulent “ye currency.” I was proposed 2 million dollars to scam my community Those left of it I said no and stopped working with their person who proposed it pic.twitter.com/WKHdP9FkOq — ye (@kanyewest)…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The SEC has taken a key step toward approving a spot Litecoin ETF, while Solana sees record-breaking growth and Remittix aims to disrupt the $190 trillion payment sector. The US SEC has officially acknowledged Canary Capital’s proposal for a spot Litecoin ETF, making a significant step toward a potential approval. This move opens the door for public comments while signaling that Litecoin could become the third crypto, after BTC and ETH, to receive an ETF in the US. In…
UniLend Finance, a DeFi protocol, has reportedly lost funds to an attacker. As reported by SlowMist, a Blockchain security firm, the attacker exploited a vulnerability on the DeFi protocol’s redeem process, allowing him to steal $197.6K. The attacker manipulated the protocol’s share price, leading to miscalculation of the collateral value by the protocol allowing him a chance to drain the protocol’s pool. https://twitter.com/SlowMist_Team/status/1878651772375572573 What Really Happened? In the attack that happened on Jan. 12, 2025, the attacker made a deposit to the platform in USDC and Lido Staked Ether (StETH). He then went ahead to borrow all the pool’s StETH…
Share this article Meet András Arató, better known as Hide the Pain Harold—a Hungarian engineer who never planned to become an internet star.What started as a simple stock photo session turned into a worldwide phenomenon, and now Harold is making waves in the crypto world with his very own memecoin, $PAIN.The birth of a memeWhile on holiday, Harold snapped some casual vacation photos. A photographer spotted his potential and invited him for a stock photo shoot.Soon, his photos were everywhere.But people noticed something unexpected: his forced smile seemed to hide a deeper pain.Around 2011, online communities began to add funny…
Gold prices have broken records once again, inching closer to the $3,000 key level. This phenomenon has been accompanied by an unusual movement of physical gold to COMEX vaults, as investors cling to tangible assets amidst the current geopolitical backdrop. Gold Keeps Shining, Breaks All-Time High Prices Once Again Gold has proven again that is […] Source link