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The post Curve DAO Price Prediction 2024, 2025: Will CRV Price Jump To $100? appeared first on Coinpedia Fintech News Given that the market is on a bull run with the Ethereum Spot ETF rumors spiking the bullish spirits, the altcoins are doing well. The Cuve DAO token has become extremely volatile over the weeks, quick recovery, resulting in a bullish CRV price prediction. Further, with the potential to overcome for a breakout rally, the …

Curve DAO Price Prediction 2024, 2025: Will CRV Price Jump To $100?

Get ahead of the curve with our exclusive guide to the most exciting and transformative projects poised to make waves in 2024. From decentralized video streaming platforms revolutionizing media and entertainment to smart contract ecosystems and crypto analytical services, each project offers a glimpse into a future where innovation is fruitful for everybody. Cheelee “Watch The post Best Game-Changing Projects to Keep an Eye on in 2024 appeared first on Cryptonews .

Best Game-Changing Projects to Keep an Eye on in 2024

Get Ahead of the Curve: Best Altcoins to Hold for 100X Profits in 2024 The post Get Ahead of the Curve: Best Altcoins to Hold for 100X Profits in 2024 appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

Get Ahead of the Curve: Best Altcoins to Hold for 100X Profits in 2024

The post Web3, Blockchain, and Crypto Weekly Update: Major News, Market Trends, and Key Insights appeared first on Coinpedia Fintech News Welcome to your go-to source for all things Web3, Blockchain and Crypto! Our Weekly report dives into the freshest updates and game-changing developments in the fast-paced world. We curate the best data from trusted sources to keep you ahead of the curve. Ready to stay informed and inspired? Let’s explore the latest trends and insights …

Web3, Blockchain, and Crypto Weekly Update: Major News, Market Trends, and Key Insights

Solana-based platform Pump.fun suffered an exploit that left the crypto community with many questions. The attack stole millions of dollars in users’ funds, but the reasons behind it and the exact amount of the loot were unclear. Amid the uncertainty, some claimed that a crypto Robinhood had emerged. Related Reading: Bitcoin Still Has “A Lot Of Room To Run Before Reversal,” Says Top Analyst $80 Million Taken In Crypto Heist? On Thursday, the platform Pump.fun announced its bounding curve contracts had been compromised. In the post, the team alerted users that all trading was temporarily halted while they investigated the incident. Pump.fun is a trading platform created to “prevent rugs” by ensuring that all created crypto tokens are safe. The platform allows users to easily launch instantly tradeable tokens with no presale and no team allocation. This solution became an extremely popular alternative among influencers and users who wanted to create tokens without the complexity or high costs of launching a project. It uses bonding curve contracts for the tokens, a mathematical model that determines a token’s price based on supply, increasing with the number of tokens bought. After the token’s market capitalization reaches $69,000, part of the liquidity is deposited on Raydium to be burned. Since the attack, the team has assured users that the contracts have been upgraded to prevent further fund loss, adding that the protocol’s total value locked (TVL) is safe. However, the community’s reports were contradictory and alarming. Some users claimed the attacker had taken $80 million in crypto from the platform’s bonding curve contracts, which worried the affected users. According to Lookonchain’s report, the hacker was quickly identified. At first, he pretended to be an unaware user, asking what the damages were. However, he later accused the platform’s founders of withdrawing the exact amount stolen a day prior. An X user claimed the individual chose to “be a Robin Hood, dropping hacked cash to $SOL communities.” The attacker also stated in a post his desire to “change the course of history.” However, his “heroic outlaw” endeavors affected 1,882 addresses. What Happened? Despite the speculation and the attacker’s posts, it was later revealed that he was a Pump.fun ex-employee. In its post-mortem post, the platform’s team revealed that the individual had used their position to misappropriate funds from the bonding curve contracts. The attacker illegitimately accessed the accounts after obtaining the private keys, “using their privileged position at the company.” The former employee used flash loans from Solana lending protocol to steal 12,300 SOL, worth around $1.9 million. Per the post, he borrowed SOL to buy as many tokens as possible in Pump.fun. When the tokens hit 100% on their respective bonding curves, the attacker used the keys to access the bonding curve liquidity and repay the flash loans. Fortunately, the attacker could only access $1.9 million out of the $45 million liquidity in contracts. Since then, the team has redeployed the bonding curve contracts and offered a plan to help affected crypto investors. Related Reading: Fetch.AI Soars 14.5% As AI Tokens Surge, Can FET Reach $4? To make users whole, the team will “seed the LPs for each affected coin with an equal or greater amount of SOL liquidity that the coin had at 15:21 UTC within the next 24 hours.” Moreover, they are offering 0% trading fees for the next 7 days. As a user pointed out, this action is “non-trivial” since Pump.fun makes $1 million daily from fees. Featured Image from Unsplash.com, Chart from TradingView.com

Crypto Post-Mortem: Here’s How Pump.Fun Was Exploited For $2 Million

Convex Finance is a yield optimization and automation protocol built on Curve Finance. It allows users to earn increased CRV and liquidity mining rewards. Continue Reading: What is Convex Finance Coin?

What is Convex Finance Coin?

Pump.fun, a Solana platform, has suffered a loss of $2 million. The perpetrator used flash loans to acquire SOL, followed by Pump.fun meme coins. The breach of the bonding curve was a resultant factor. Pump.fun stated that it has strengthened its contracts to stop the hackers from taking more money and that all wallets linked …

Solana-based platform Pump.fun loses $2M in flash loan exploit

The post Synthetic’s sUSD Stablecoin De-Pegs, Plummets to $0.92 appeared first on Coinpedia Fintech News Synthetic’s decentralized stablecoin, sUSD, fell below its $1 peg, reaching as low as $0.92 before recovering to $0.96 due to increased selling on decentralized exchanges. Chao Labs discovered that the de-pegging was triggered by a major liquidity provider withdrawing from Curve’s sBTC/wBTC liquidity pool. As the stablecoin managed to recover to $0.96, a user exchanged …

Synthetic’s sUSD Stablecoin De-Pegs, Plummets to $0.92

In crypto news today: Why is crypto up today? PancakeSwap Invites Users to Recoup up to $8 Million Uniswap Interface Fees SKUx and Visa Announce Digital Payment Agreement Public Miners Raised $2 Billion in Last Pre-Halving Quarter The post What’s Happening In Crypto Today? Daily Crypto News Digest appeared first on Cryptonews .

What’s Happening In Crypto Today? Daily Crypto News Digest

Key Takeaways: Owing to its decentralized nature, the Graph offers access to competitive and cost-efficient datasets. The network boasts a 99.99% uptime and 24/7 availability. Central to The Graph’s operations are Subgraphs these are APIs that organize and serve blockchain data to data consumers and developers. The Graph has 100+ indexer nodes, 1.23 trillion served

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