Crypto

Conflux Surges 12% After Breaking Downtrend: What's Next for CFX?

Conflux (CFX) has experienced a significant 12% surge as it breaks free from a prolonged multi-month descending channel. The recent price movement has been accompanied by an explosion in trading volume, indicating heightened investor interest. Analysts are now speculating on whether CFX can maintain this upward momentum or if the rally might be a short-lived fluctuation. With the cryptocurrency market showing signs of volatility, traders are closely monitoring key resistance levels. The question remains: Will Conflux continue to push higher or face further corrections?

Crypto

Internet Computer Rises 21% Amid Bitcoin Momentum – Will ICP Break Three-Month Resistance?

Internet Computer (ICP) has experienced a significant surge of 21%, fueled by the recent momentum in Bitcoin and the growing interest in sectors such as artificial intelligence. This uptick marks a hopeful turn for ICP, as investors are watching closely to see if the digital asset can finally breach its

Aave Liquidates Exploiter's Positions in rsETH Recovery Effort

Aave has successfully liquidated the positions of attackers involved in the rsETH exploit, enhancing its recovery efforts after the incident that occurred in April. This decisive action was taken to secure collateral that had been compromised during the exploit. The liquidation showcases Aave's commitment to protecting its platform

Is DeFi's Security Model Cracking? Analyzing April's $600M in Hacks

April witnessed staggering losses in the decentralized finance (DeFi) sector, with over $600 million stolen through various exploits. This alarming trend raises questions about whether the rapid pace of innovation in DeFi is outstripping its security measures. As the frequency of hacks increases, experts are concerned about the adequacy of

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