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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 an X post. The exploit only impacted Loopscale’s USDC and SOL vaults and the losses represent around 12% of Loopscale’s total value locked (TVL), Gooneratne added. Loopscale is “working to resume repayment functionality as soon as possible to mitigate unforeseen liquidations,” its said in an X post. “Our team is fully mobilized…

Back in February, our publication deployed an array of generative artificial intelligence (AI) chatbots to forecast bitcoin’s price by year’s end. Sixty-six days have since elapsed, and with April 2025 drawing to a close, we revisited the experiment to gauge the current trajectory of AI-based bitcoin price predictions. 6 Out of 7 AI Models Forecast […]

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 an X post. The exploit only impacted Loopscale’s USDC and SOL vaults and the losses represent around 12% of Loopscale’s total value locked (TVL), Gooneratne added. Loopscale is “working to resume repayment functionality as soon as possible to mitigate unforeseen liquidations,” its said in an X post. “Our team is fully mobilized…

Despite Ethereum’s continued struggle to maintain the $1,600 price level, several altcoins posted triple-digit gains. Wayfinder (PROMPT), Magic Internet Money (MIM), and Bitcoin Wizards (WZRD) are leading the charge in the past 24 hours. Wayfinder has risen by 179.2% in the last 24 hours and trades at $0.5043 from a low of $0.1798. The token currently has a market cap of $113 million. The impressive rally follows several key developments for the project. Wayfinder recently completed an airdrop, distributing 40% of the total PROMPT supply to eligible participants. This wide distribution was complemented by listings on multiple major exchanges like…

Philipp Kaiser has departed Marian Goodman Gallery, where he is president and one of the gallery’s five partners, after more than six years. His last day at the gallery will be on May 2 and he will serve “as a curatorial consultant to the Gallery, as needed,” Marian Goodman Gallery confirmed to ARTnews in a statement. “Following the recent events in L.A., Philipp Kaiser has made the decision to leave the Gallery after more than six years and return to independent curatorial practice,” the gallery’s statement continued, referring to the recent wildfires in the city. “We are grateful to Philipp…

The payments giant Stripe is developing its own stablecoin and plans to start testing the asset soon. Jennifer Lee, a product manager for Stripe Crypto, announced the news on Friday, asking companies outside the US to reach out if they were “interested in dollar access.” Lee says the asset will be powered by Bridge, a stablecoin startup Stripe acquired in February. Patrick Collison, Stripe’s chief executive, says his firm has “wanted to build this product for around a decade.” Earlier this year, he and his brother John Collison, the Stripe co-founders, wrote in the firm’s annual letter that stablecoins represent…

United States Senator Jon Ossoff expressed support for impeaching President Donald Trump during an April 25 town hall, citing the President’s plan to host a private dinner for top Official Trump memecoin holders. “I mean, I saw just 48 hours ago, he is granting audiences to people who buy his meme coin,” said Ossoff, a Democrat, according to a report by NBC News. “When the sitting president of the United States is selling access for what are effectively payments directly to him. There is no question that that rises to the level of an impeachable offense.”Senator Ossoff said he “strongly” supports impeachment…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum (ETH) experienced a significant recovery over the past week after jumping over 10% to the $1,800 resistance. The cryptocurrency’s momentum has seen it reclaim key levels, which could ignite a 28% rally continuation in the following weeks. Related…

While some brands moved away from web3 in 2023 during a long crypto winter, Puma stayed the course and its head of emerging technology, Ivan Dashkov, told TechCrunch+ it has no intentions of leaving. After two years working with web3, Puma’s tech revenues remain modest, but the sportswear manufacturer intends to be ready for a more crypto-friendly future. “Web3 is a big shift in how people use the internet,” Dashkov said. Such changes to how the internet is used can lead to landscape-shifts for brands, something that Puma is more than aware of. The company “missed the boat” on the big…

My grandparents never owned crypto. But they’ve always known their money. My grandfather carries cash – not in a wallet, not zipped up or tucked away – but haphazardly folded into his shirt pocket. He slips them behind pages of an old diary, or wedged between faded receipts in a drawer by the TV. It’s never a lot. Just enough to feel like someone thought ahead. When I was younger and needed money for school supplies, snacks, or a rickshaw ride, he’d pull out a note as if it had been waiting there just for me. He isn’t flashy, but…