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Max Cryptobuddy
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🚨Friend.tech's TVL takes a hit📉, dropping 7.8% in a single day😲! What's going on?🤔 🔹TVL fell from 29.19K ETH to 27.14K ETH on Oct. 4, reaching 26.48K ETH by Oct. 6 🔹Key redemptions surged, with 2.1K ETH ($3.5M) redeemed on Oct. 4 🔹Sim swap attacks blamed for the decline, causing security concerns🔓 What do you think about this drop?🧐 Will Friend.tech bounce back?💪 Share your thoughts below!👇 #DeFi #TVL #FriendTech

🚨Friend.tech's TVL takes a hit📉, dropping 7.8% in a single day😲! What's going on?🤔

🔹TVL fell from 29.19K ETH to 27.14K ETH on Oct. 4, reaching 26.48K ETH by Oct. 6

🔹Key redemptions surged, with 2.1K ETH ($3.5M) redeemed on Oct. 4

🔹Sim swap attacks blamed for the decline, causing security concerns🔓

What do you think about this drop?🧐 Will Friend.tech bounce back?💪 Share your thoughts below!👇 #DeFi #TVL #FriendTech

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Consultez les CG.
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🚀🔍 Oops! Wormhole's recent airdrop of 675M W tokens almost included the hacker who exploited their bridge for $321M! Researcher Pland spotted the oversight, noting 4 wallet addresses linked to the hack were initially eligible to claim a cool $50K. But don't worry, it seems Wormhole has fixed the issue. The W token, with a market cap of $3B, launched on Solana's DEX OpenBook, but users reported congestion issues. Remember the hack? It was a biggie, with 120K wrapped ether lost. But Web3 firm Jump Crypto and DeFi platform Oasis.app managed a 'counter exploit', recovering $225M in digital assets. Since then, Wormhole's upped their security game, launching two $2.5M bug bounty programs and undergoing audits. Got thoughts on the airdrop hiccup or Wormhole's security measures? Share below! 👇 #DeFi #Web3 #Layer2
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🔥Hot off the press! Pyth Network, your go-to oracle for market data, has launched price feeds for two new tokens: W and USDB. 🚀 • W is the governance token for Wormhole, a cross-chain messaging platform. It's fresh out of the oven, released on April 3, with a whopping 1.8 billion initial circulating supply. • USDB, on the other hand, is the native stablecoin of Blast, a shiny new layer-2 network on Ethereum. Blast has already locked in over $2 billion in total value before its mainnet launch. Despite rumors of Blast being a Ponzi scheme, founder Pacman assures us that the yield rates are sustainable. 🙌 Meanwhile, Pyth's own token, PYTH, has seen a slight dip, but it's still up 27% over the past month. What do you think of these new price feeds? Let's chat in the comments! 💬 #DeFi #Layer2 #Web3 #DAO
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🚀 Bitcoin halving event is on the horizon, folks! Just 15 days away. Historically, this has triggered a bull run lasting months, setting new price peaks. 📈 💡 Kaiko, a crypto data analytics platform, predicts a new BTC top within 9-12 months post-event. Past halvings have seen returns of 9,000%, 4,000%, and 700%. This time, some analysts predict a 200% increase. 🛠️ The halving cuts miners' rewards for validating transactions by half. The next one will reduce rewards to 3.125 BTC. 🔎 On-chain analysis shows BTC is in the pre-halving danger zone, where it typically experiences price slumps before a post-halving uptrend. ⚠️ Coinbase warns that other factors influence BTC's price, not just the halving. These include U.S. Federal Reserve rate cuts, selling pressure from miners, and the Bitcoin ETF market. 🏦 With the asset accessible to a wide range of investors, BTC's rise may exceed expectations. What's your take? Will the halving trigger a bull run? Let's discuss! 👇 #BitcoinHalving #CryptoNews
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🚀 Ripple's stepping up its game, folks! They're launching a stablecoin pegged 1:1 to the USD 💵. It's backed by US dollar deposits, short-term US govt treasuries, and other cash equivalents. 🔍 Audits? You bet! A third-party accounting firm will be on it, with monthly attestations for public scrutiny. 🎤 Ripple's CEO, Brad Garlinghouse, is all in. He sees this as a bridge between traditional finance and crypto, and a boost for the crypto ecosystem. 🌐 The stablecoin will first hit the XRP Ledger and Ethereum blockchains, with eyes on more networks and DeFi protocols in the future. 🎉 Ripple's President, Monica Long, is excited about the ripple effect (pun intended) on the XRP Ledger. She believes it'll drive more adoption and development. 💡 Key perks? Enterprise-grade, compliance-first mindset, liquidity on the DEX, transparent reserve, and multichain compatibility. 🌍 Ripple's integrating both XRP and the stablecoin into its payment system, meeting the growing demand in emerging markets. 🔒 Ripple's all about regulatory compliance, with licenses globally. The stablecoin will be backed by a 1:1 reserve of cash and equivalents, ensuring transparency and reliability. 🔗 It'll be issued on both the XRP Ledger and Ethereum networks, enabling secure transactions across chains. 💬 What's your take? Let's chat in the comments! #Ripple #Stablecoin #CryptoNews
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