A major security breach hit the decentralized trading platform GMX on Wednesday morning, draining more than $40 million from its GLP liquidity pool. To contain further risks, the GMX team responded by halting all V1 trading and GLP minting and redemption on both Arbitrum and Avalanche networks. This incident adds to increasing concerns over the […]
DeFi
BTCS Unveils $100M Ethereum Growth Plan Using DeFi and TradFi Fusion
BTCS, a public blockchain company, has planned a 2025 offering of $100 million. It is to reinforce its Ethereum-first strategy by actively adding to its ETH holdings. CEO Charles Allen responded that this is a plan larger than just a buildup of resources. It’s a model of rearranging public capital formation by employing market and […]
Solana Outperformed Ethereum Inflows in the Weakest SOL/ETH Ratio in 2025
Although Ethereum has a higher capital inflow than Solana, the latter has attracted more capital flows in spite of having the weakest 2025 SOL/ETH ratio indicator.
Axelar Bridges XRP and EVM Chains: $376K Moved In First Week
Key Takeaways: Axelar has broadened its coverage by onboarding XRP Ledger (XRPL) and XRPL EVM into the network. Axelar’s latest integration brings its total number of connected blockchains to 81. Announced in late June, this update allows users and developers to move assets like XRP, ETH, and USDC between different chains and interact with smart contracts across multiple networks. As shared in a […]
TRON Hits $3.8 Billion in DeFi Swaps As SunSwap and JustLend Lead 2025 Surge
Key Takeaways: SunSwap, TRON’s top decentralized exchange, has been a reliable performer in the DeFi sector so far in 2025. Swap volumes have consistently been over $3 billion per month throughout 2025 so far, reaching a high of $3.8 billion in May, as per CryptoQuant. June recorded a corresponding volume of $2.3 billion, with 8.6 […]
Polygon Launches Katana with $240 Million in DeFi Deposits
Polygon has officially released Katana, its new Layer 2 blockchain for maximizing decentralized finance (DeFi) experiences, announced Polygon Foundation CEO Sandeep Nailwal in an announcement released Monday. The significant milestone initiates what Nailwal calls a “new era for DeFi,” capable of revolutionizing how people extract yield on their digital assets through creative solutions such as […]
Chainlink Surges on Mastercard Partnership as 3.86 Million LINK Exit Exchanges
Chainlink (LINK) jumped 12% in the past week, led by the strong fundamental-based bull case along with the extremely valuable collaboration of the largest world payments company, Mastercard. The latest price action is the consequence of growing investor confidence, also supported by massive outflow of tokens out of exchanges, which is normally a sign of […]
Ethereum (ETH) Locked Tight: 35M Coins Staked As Liquidity Falls To Post-Merge Lows
Key Takeaways: Ethereum has quietly entered a new era. Over 35 million ETH are locked away in staking contracts presently, an all-time record that makes up just over 28.3% of the entire supply. According to the latest data from IntoTheBlock, that is the highest-ever ETH staked. At today’s going rates, that stash is worth roughly […]
BNB Chain Surpasses $10B in Stablecoins, Extends No-Gas Transfer Campaign
Key Takeaways: BNB Chain has tightened its grip on the stablecoin market with unmatched user engagement and transaction activity. In a recent report published by Markets Insider and acknowledged by Binance’s former CEO Changpeng Zhao, the blockchain ecosystem was confirmed as the leading network in both stablecoin transaction volume and monthly active users for May […]
Sei Network Hits $1.2B TVL and $94M DEX Volume, Setting New ATHs
The Sei Network platform has reached $1.2 billion in TVL and $94 million in DEX volume, corresponding to the pilot stablecoin in Wyoming.