A price manipulation hack causes Zunami protocol to lose $2.1M
Zunami Protocol has lost $2.1 million due to a flash loan hack that manipulated prices. The hacker used a flash loan to inject liquidity. The attacker made 1,152 ETH in…
zkSync Era protocol Kannagi Finance rugpulls, users lose millions
Kannagi Finance has reportedly rugpulled, with users losses amounting to $2.13 million. Protocol’s social media channels have been deleted or are unaccessible. KANA token has nosedived, plunging by 99% after…
Bitcoin dips under $25k as bulls lose 7-month trendline – what next?
Bitcoin price fell below $25,000 after the Fed rate pause news. An analyst points out that the decline saw bulls lose a 7-month trendline support and $20k-$22k could be next.…
Binance, Binance.US, and Coinbase collectively lose $4B in outflows
The US SEC has sued both Coinbase and Binance for allegedly violating securities laws. Most of the outflows are occurring through Ethereum Network. Between Monday and Thursday, there was a…
Crypto short traders lose $200M to liquidations as Ether hits a two-month high
The cryptocurrency market capitalization has risen by about 3.18% in the past 24 hours. Ether has hit a two-month high trading at about $1400. The crypto market in general has…
Crypto pundit thinks Ripple will lose against the SEC. Here is how XRP is behaving
XRP has been trading at or slightly below the $0.4 resistance Gene Hoffman expects SEC to win the case against Ripple XRP awaits further triggers for a breakout or drop…