Io.net, a decentralized physical infrastructure network, suffered a cybersecurity breach recently. Hackers exploited exposed user ID tokens, enabling an SQL injection attack that altered device metadata within the GPU network. As an analyst, I’d rephrase that as follows: I.net, a decentralized physical infrastructure network (DePIN) where I serve as an analyst, recently fell victim to … Read more
As a crypto investor, I’ve noticed some exciting movements in the market recently. Bitcoin (BTC) surged past $64,000 before the weekly close on April 28, while altcoins sought recovery. After hitting weekly lows of $62,400, BTC bounced back and maintained a steady price around $63,500 at the time of writing. As a Bitcoin analyst, I’ve … Read more
Though assets locked increased, the overall TVL lost 22% of its value. Sentiment around BNB remained positive but search for the coin fell. Two days after BNB Chain announced native liquid staking on Binance Smart Chain (BSC), staked assets on the network surged. With DeFiLlama reporting a 2.75% increase in TVL for Binance Staked ETH, … Read more
EigenLayer’s deposits equated to about 4% of ETH’s total circulating supply. Due to EigenLayer, staked ETH supply has risen 1o% YTD. EigenLayer has been a game-changer in the decentralized finance (DeFi) world, attracting over $15 billion in deposits since its launch. The protocol’s total value locked (TVL) has surged 14x this year, making it the second-largest … Read more
Online gambling is becoming increasingly popular, but what if you’re concerned about security? Enter crypto casinos, a new trend in the industry. These platforms use cryptocurrency and blockchain technology to offer a more secure way to gamble online. Let’s explore how this innovation could change the game for online gambling safety. crypto casinos. These innovative … Read more
LTC’s price increased by more than 3% in the last seven days. Most indicators looked bullish, but a few metrics suggested otherwise. As a crypto investor, I’ve noticed that Litecoin (LTC) had a good week with its price surging and reaching a critical level. According to CoinMarketCap, LTC was up by over 3% in the … Read more