Solana’s Loopscale pauses lending after .8M hack

Solana’s Loopscale pauses lending after $5.8M hack

Source: Coin Tegraph Solana decentralized finance (DeFi) protocol Loopscale has temporarily halted its lending markets after suffering an approximately $5.8 million exploit.  On April 26, a hacker siphoned approximately 5.7 million USDC (USDC) and 1200 Solana (SOL) from the lending protocol after taking out a “series of undercollateralized loans”, Loopscale co-founder Mary Gooneratne said in…

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Cardano Price Can Rally 300% From Here If This Level Breaks | TheSpuzz

Cardano Price Can Rally 300% From Here If This Level Breaks | TheSpuzz

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After experiencing months of slow action, the Cardano price is now flashing major bullish signals as it approaches a critical breakout level. Citing historical patterns and recent chart formations, a crypto analyst predicts that Cardano could rally by a staggering…

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Bitcoin Bounces From Key Fib Support Level: Sign Of Structual Strength? | TheSpuzz

Bitcoin Bounces From Key Fib Support Level: Sign Of Structual Strength? | TheSpuzz

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin is now trading above the $93,000 level, showing strong momentum as bulls continue to push prices higher. After weeks of uncertainty and heavy volatility, the trend appears to be shifting toward recovery. The main target now is reclaiming the…

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DeFi Development seeks B to boost Solana investments, expand treasury

DeFi Development seeks $1B to boost Solana investments, expand treasury

Source: Coin Tegraph DeFi Development Corp (formerly Janover) aims to raise over $1 billion worth of capital to invest in Solana, the industry’s sixth-largest cryptocurrency by market capitalization. The Nasdaq-listed firm, previously a real estate financing platform connecting commercial property lenders and buyers, announced its plans in a Form S-3 registration statement filed with the…

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