News – Archive

Diverge Loop Accelerates Decentralized Finance Through Innovation and Strategic Alliances
A New Identity Drives a Bold Vision
Since its rebranding from Diamond Launch to Diverge Loop, the platform has redefined its role within the decentralized finance (DeFi) space. This transformation, supported by 98.61% of community votes in its DAO governance process, marks a shift from a traditional IDO launchpad to a comprehensive decentralized infrastructure. The new identity emphasizes scalability, transparency, and innovation, setting th…
Sui Ecosystem Outperforms Altcoin Market
Sui ecosystem tokens, including SUI, are surging, with SUI up 73.7% in the last 7 days.
DeepBook (DEEP) and Cetus Protocol (CETUS) have gained 104.4% and 105.0% respectively, contributing to the ecosystem’s strong performance.
Increased total value locked (TVL) and recent developments driving this surge, with upcoming events like Sui Basecamp in May 2025 adding to the momentum.
The Sui ecosystem is currently outperforming the…

Maple $SYRUP
$SYRUP, Maple Finance’s token, grew by about 17% in 24 hours.
Maple Finance is a leading DeFi platform for institutional lending.
With over $5 billion in loans and a TVL of $546 million.
$SYRUP enables governance and staking, with rewards like 9% APY in the first 90 days post-launch.
Maple Finance is a decentralized finance (DeFi) platform designed specifically for institutional lending. It offers a marketplace where accr…

Mantra OM Token Crash
Mantra’s OM token likely crashed by over 90%.
Losing around $5 billion in market cap in less than an hour.
The team claims the crash was due to “reckless forced liquidations” by centralized exchanges, especially during low-liquidity hours.
Over $74 million in liquidations occurred, impacting many traders, with some positions losing more than $1 million each.
Mantra denies any team involvement and is investigating, but past all…

AWS Outage Impacting Crypto Exchanges
AWS experienced a network outage in its Tokyo region, disrupting services for major crypto exchanges.
Binance, KuCoin, and MEXC faced temporary outages.
Binance halting withdrawals briefly before resuming.
At least eight other platforms, including Coinstore and Gate.io, also reported issues due to AWS.
The incident highlights the crypto industry’s reliance on centralized cloud services, sparking calls for decentralization…
| Exchanges, Front page, News
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