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    One in a Billion: Tiny Bitcoin Mining Device Defies Odds, Earns $206,000 Block Reward

    A Bitcoin mining device with a hashrate of only 500 gigahashes per second (Gh/s) managed to mine a block on July 24, earning a reward of $206,000 in Bitcoin. This event stands out given that the device has only a 1 in 1.1 billion chance of achieving this approximately every ten minutes. $206,000 Block Reward […] More

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    RiskLayer secures funding to enhance DeFi security middleware on EigenLayer

    Key Takeaways RiskLayer’s funding will support the development of two AVSs on EigenLayer. The project aims to provide transparent risk assessments for DeFi protocols. Share this article URL Copied RiskLayer, a protocol developed by economic risk management firm Chainrisk Labs, has announced the completion of a pre-seed funding round. The project aims to build decentralized […] More

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    Magnify Cash Launches DeFi Protocol and Announces $MAG Token Fair Launch

    [PRESS RELEASE – Singapore, Singapore, July 23rd, 2024] A groundbreaking moment in decentralized finance (DeFi) is here as Magnify Cash unveils its state-of-the-art DeFi protocol and announces the upcoming Fair Launch of its native token, $MAG. As a pioneer in financial technology, Magnify Cash is set to reshape the financial services landscape for individuals and […] More

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    Andromeda and Injective join forces to boost DeFi adoption

    Andromeda has announced its integration with finance blockchain Injective to accelerate the adoption of decentralized finance (DeFi).  Through this partnership, Andromeda, known as the first Web3 Operating System, and Injective, the fastest blockchain developed for financial applications, will enhance their capabilities.  Both groups will combine their technologies to unlock new economic opportunities and use cases. […] More

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    Cega Unveils Innovative DeFi Shark Fin Products

    [PRESS RELEASE – Singapore, Singapore, June 25th, 2024] Cega, a leader in DeFi structured investment products, is thrilled to announce the launch of its latest offering—Shark Fin vaults. Cega aims to address a gap in the market for conservative investors and DeFi lenders that want to outperform existing lending rates, while protecting their principal and […] More

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    Bitcoin defi tool developer ALEX Lab says Lazarus Group likely behind $4m hack

    The developer of Bitcoin-focused defi platform ALEX Lab says North Korean hackers are likely behind the latest $4 million attack. North Korean hacker group Lazarus Group is very likely responsible for the attack that left Bitcoin-focused defi platform ALEX Lab without $4 million worth of tokens earlier in May. In an X post on Jun. […] More

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    Bitcoin Price Prediction: Analyst Defies Bearish Bias, Says Next Impulse Could Target $100K

    It’s safe to say that Bitcoin’s price has seen better days. Just a couple of days ago, it dropped to a low of around $63,400 – a point that was last observed about a month ago. Since June 7th, the BTC price has lost about 11%, with altcoins tumbling even harder. This hasn’t deterred some […] More

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    Orderly Network Prepares for Summer Token Launch, L2 Revolutionizing DeFi with Institutional-Grade Liquidity for Onchain Perpetual Trading

    Orderly Network, an innovative L2 that offers trading infrastructure, and an omnichain liquidity layer, is gearing up for an exciting summer with the launch of its highly anticipated token. Orderly is making significant strides, emerging as the second most active protocol on LayerZero Labs and the largest, most efficient user of Celestia for data availability. […] More

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    Monero price defies gravity ahead of the BitBot token launch

    Monero price continued to defy gravity as it surged to its highest point since January 30th. It has surged by over 80% from its lowest level this year, giving it a market cap of over $3.2 billion. The focus among cryptocurrencies is now shifting to the upcoming Federal Reserve interest rates decision and the ongoing […] More

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    DeFi protocol UwU Lend falls victim to $19.3M exploit

    The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do […] More

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    Polkadot Allocates $14.4M to Boost DeFi with Hydration

    Gibraltar, Gibraltar, June 10th, 2024, Chainwire Polkadot’s leading DeFi project – Hydration, is thrilled to announce that it has been awarded 2 million DOT (equivalent to $14.4 million) tokens from the Polkadot treasury. The funds have been earmarked to bolster the liquidity and trading efficiency of Hydration’s single-sided liquidity provisioning platform Omnipool. The allocation of […] More

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    DeFi Retik Finance (RETIK) Now Listed on Uniswap and Multiple Centralized Exchanges

    [PRESS RELEASE – Kingstown, Saint Vincent and the Grenadines, May 21st, 2024] Decentralized Finance (DeFi) has emerged as one of the most transformative and disruptive forces in the world of finance, offering a decentralized alternative to traditional financial systems. At the forefront of this revolution is Retik Finance (RETIK), a pioneering DeFi project recognized for […] More

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