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Showing posts with the label decentralized finance

Shiba Inu's Shibarium Bridge Hacked for $2.4 Million by Scamster

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Shiba Inu’s layer-2 solution, Shibarium, has been hacked for $2.4 million by an unidentified scammer. The Shibarium bridge connects to the Ethereum network, where the scammer used a flash loan to exploit loopholes and drain $2.4 million worth of ETH. The incident was recorded on Friday and brought to the notice of the SHIB team via several security alerts. The leading blockchain and technical data analytical firm PeckShield was the first to bring the scam to notice. While commentators first believed the $2.4 million worth of ETH funds could be a whale, PeckShield immediately flagged it as a “hack.” They tagged the lead developer of Shiba Inu’s Shibarium, Shytoshi Kusama, to look into the matter. Also Read: Shiba Inu 2032 Price Prediction if Total Crypto Market Hits $100T Shibarmy, we are investigating this situation https://t.co/baFdh55VN6 — Kaal (@kaaldhairya) September 12, 2025 Shiba Inu and Shibarium blockchain developer Kaal Dhairya picked it up from t...

Moca Network unveils MocaPortfolio with $20 million in token allocations for community

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Moca Network, a project by Animoca Brands, has announced the launch of MocaPortfolio, designed to provide MOCA Coin and Mocaverse NFT holders with access to token allocations from Animoca’s investment and partnership portfolio, as per reports shared with Finbold on September 3.  New program moves beyond one-off airdrops Through MocaPortfolio, community members will be eligible for token allocations valued at a combined US$20 million, subject to vesting terms. Unlike traditional one-time airdrops, the initiative is structured to offer ongoing exposure to projects within Animoca Brands’ ecosystem. “MocaPortfolio represents an evolution in how we reward and involve our community,” said Yat Siu, co-founder and executive chairman of Animoca Brands. Rather than focusing on singular airdrop events, we are offering an ongoing, structured opportunity to share in the growth of promising projects across the Web3 landscape.This approach reflects our commitment to value creation ...

Bitcoin Will Crush Stocks, Gold, Bonds In Next Decade, May Hit $3 Million, Bitwise Says

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Bitcoin will be the next decade’s best-performing asset by a landslide, with the crypto potentially soaring to nearly $3 million by 2035, says $5 billion asset manager Bitwise. In its latest research paper, Bitwise outlined three scenarios for Bitcoin’s price trajectory through 2035. Even its most conservative base case sees BTC hitting $1.3 million in a decade with a 28.3% compound annual growth rate, demolishing the projected returns for stocks (6.2%), bonds (4%), and gold (3.8%) over the same period. And in its bullish scenario, Bitwise sees Bitcoin soaring to a mind-blowing $2.97 million by 2035, a compound annual growth rate of almost 40%. Bitcoin’s turbocharged growth will be powered by inflows from institutional adoption, rising demand for inflation hedges, and its limited supply, the asset manager said. This chart from @BitboBTC… pic.twitter.com/OyfSKUr3zs — Matt Hougan (@Matt_Hougan) August 28, 2025 Those predictions come after BTC tumble...

Skyline announces wrapped cAP3X token launch on Cardano 

Blockchain developer Skyline has announced plans to deploy cAP3X, a wrapped AP3X token, on the Cardano blockchain, according to the information shared with Finbold on July 10.  The launch, developed in collaboration with the Apex Fusion Foundation, will create a Cardano-native asset that provides access to the Apex Fusion ecosystem. The wrapped utility token will operate natively on Cardano (ADA), enabling interoperability between the Cardano and Apex Fusion networks. Users will be able to engage in cross-chain value transfers between the two blockchain ecosystems. Token integration and trading The cAP3X token will be compatible with Cardano wallets and DeFi protocols, with plans to establish an ADA/cAP3X trading pair and provide initial liquidity for Cardano-based decentralized exchanges. After deployment in July, users can transfer cAP3X from Cardano to PRIME Chain, Apex Fusion’s UTXO Layer 1 blockchain, using the Skyline Bridge. Once bridged to PRI...

1inch integrates with Sonic Network for enhanced DeFi trading

As per the information shared with Finbold on June 19, 1inch, the leading decentralized finance (DeFi) aggregator, announced its integration with the high-speed Sonic network from Sonic Labs. The integration enables users to access seamless token swaps with competitive rates on Sonic while facilitating effortless cross-chain trading between Sonic and other supported Ethereum Virtual Machine (EVM) chains. The Sonic network becomes natively supported within the 1inch Wallet starting today, with full tracking capabilities available through Portfolio. This allows users to store, swap, and monitor their assets with enhanced ease across the platform. Comprehensive Platform Integration The integration extends Sonic liquidity into Pathfinder, 1inch’s intelligent routing algorithm. Users trading through the 1inch interface or accessing the platform via the Developer Portal API will benefit from optimized rates on every transaction.  All swaps conducted on Sonic ar...

New Cryptocurrency Releases, Listings, & Presales Today – Talent Protocol, Truflation, Rixen Finance

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Visa customers in the U.S. and EU can now link eligible debit cards to Coinbase. This new feature allows users to deposit funds, often instantly, into their accounts. This streamlines cryptocurrency purchases, making investing easier for users unfamiliar with crypto. Visa’s integration with Coinbase highlights the role of crypto in enhancing real-world financial utility. By enabling real-time transfers, it bridges gaps between traditional finance and digital assets. This news boosts market sentiment and encourages new crypto releases and innovative investments . New Cryptocurrency Releases, Listings, & Presales Today Talent Protocol offers a decentralized platform for building professional reputations, enabling verified talent to showcase their skills globally. Truflation’s unique data streams improve investment decision-making by integrating off-chain economic metrics with blockchain systems.  1. Talent Protocol ($TALENT) The professional landscape is ripe fo...