Tag: News

Robinhood Chain’s on-chain volume exploded within a week of its mainnet launch, fueled by low gas fees and retail interest. The native memecoin CASHCAT led the rally, reaching a market capitalization of $60 million amid community-driven trading frenzy. Daily decentralized exchange (DEX) volume on the network surpassed $30 million as liquidity poured into its emerging ecosystem. Just days after its official mainnet debut, the newly...

BonkDAO suffered a $20 million treasury drain after a malicious governance proposal was pushed and approved by attackers. The exploiters purchased $4 million worth of BONK tokens to secure enough voting power to passed the malicious proposal. Major cryptocurrency exchanges, including South Korea’s Upbit, have suspended BONK deposits and withdrawals following the incident. The Solana-based decentralized autonomous organization behind...

On-chain trading platforms are experiencing a significant demand spike on Monday as broader market metrics signal a renewed appetite for risk assets across the decentralized finance ecosystem. CoinMarketCap’s Altcoin Season indicator ticked up to 52/100 on Monday, marking its highest reading in three months. The ongoing ecosystem traction of perpetual futures heavyweights like Hyperliquid has driven traders to actively hunt for...