Osato Avan-Nomayo
DeFi Correspondent at DL News
DeFi Correspondent @DLNewsInfo || Telegram: Osato || Scrabble and Poker hobbyist
Articles
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1 week ago |
dlnews.com | Osato Avan-Nomayo
XRP is the latest crypto darling of corporate treasuries. Investors continue to hold XRP despite its price struggles. Analysts and crypto bettors split on price prospects. If adoption by companies with deep pockets was enough to move markets, XRP would be flying right now.
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1 week ago |
dlnews.com | Osato Avan-Nomayo
Hype reached a new all-time high this week. Token buybacks help drive Hype’s price rally. Airdrop farmers are piling into Hyperliquid protocols. Hyperliquid’s native token, Hype, is living up to its name. In the past month alone, Hype has surged 84%, outperforming both DeFi tokens and major cryptocurrencies like Bitcoin, Ethereum, and Solana. It peaked at just under $40 this week, reaching a market value just short of $13 billion, and currently trades as the world’s 15th most valuable cryptocurrency.
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1 week ago |
dlnews.com | Osato Avan-Nomayo
Cetus suffered a $220 million malicious exploit on May 22. The Sui network froze the attacker’s wallet holding $160 million. Affected users are in line for compensation. Sui validators are voting on a proposal that, if passed, will forcibly unlock and return a large chunk of funds siphoned in a May 22 exploit on Cetus. The move — which would reverse the exploit that allowed an attacker to syphon $220 million from the blockchain’s decentralised exchange aggregator — is stirring debate.
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1 week ago |
dlnews.com | Osato Avan-Nomayo
The funds will come from the sale of shares and convertible notes. Trump Media’s share price fell 11% on Tuesday. The corporate Bitcoin treasury arms race heats up. Trump Media, the umbrella firm of US President Donald Trump’s social media companies, plans to raise $2.5 billion to load up on Bitcoin. And it’s taking a leaf from the Michael Saylor playbook — operating a public Bitcoin vehicle by selling shares and debt.
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1 week ago |
dlnews.com | Osato Avan-Nomayo
Yield farming platform lost its mojo. Alpaca was a popular DeFi project. If DeFi is a Darwinian race with no finish line, then this week, another runner just dropped out. On Monday, Alpaca Finance, once a major DeFi yield farm, announced that it was shutting down in a post on Medium. The four-year-old protocol, which has suffered a 94% plunge in investor funds, to $55 million, in the last four years, isn’t making its exit because of a hack or malicious exploit.
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RT @DLNewsInfo: Binance exec in Nigerian prison is ‘almost bedridden’ https://t.co/BryNP0rgTf
Tebogo, you beauty!!!!
I’ve been a crypto reporter for seven years, and I’ve covered many cases of hackers stealing crypto. Last month, the same thing happened to me. You can read about how it happened in my latest piece for @DLNewsInfo Thanks to @EddieRob235 for polishing this 🙏
I watched hackers drain $45,000 from my wallets — what I did wrong and what crypto must get right https://t.co/NEuSOhFUql
