Crypto

Injective Faces Bearish Bias Despite 8% Weekend Rally

Injective's recent 8% rally over the weekend has not altered its overall bearish sentiment. The crucial resistance level sits at $5.9, which must be surpassed to reverse the long-term downward trend. Analysts suggest that while the recent gains are noteworthy, they may not signify a sustainable turnaround without breaking this key threshold. Market observers remain cautious, indicating that further bearish pressure could emerge if the resistance holds firm. The upcoming trading sessions will be critical to watch for any shifts in sentiment.

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

Read next