Everything web3, crypto, defi, degen
In brief PancakeSwap’s Chinese X account was hacked to promote a scam meme coin token. CAKE token’s price remains largely unaffected. Security experts noted weak user security awareness and phishing as key reasons. The official Chinese X account of decentralized exchange PancakeSwap was hacked on Tuesday, used to promote a fraudulent meme coin named “Mr.…
In brief Market breadth has weakened as capital concentrates in high-liquidity, high-certainty assets like Bitcoin and Ethereum. Experts cite institutional ETF flows and a loss of patience with purely narrative-driven altcoins. Any future altcoin rally is expected to be highly selective, favoring tokens with real-world utility. Bitcoin and Ethereum continue to capture investor interest, while…
In brief BNB Chain meme coin prices and trading volumes are skyrocketing, with many tokens inspired by Binance founder Changpeng “CZ” Zhao. Some tokens have jumped more than 1,000%, while the leading token 4 has jumped to a $243 million market cap. Earlier this year, a token named after CZ’s dog Broccoli exploded in popularity…
In brief S&P Dow Jones Indices, a unit of market data provider S&P Global, is releasing a new index tracking 15 digital assets and 35 crypto-focused companies. Dinari, a provider of tokenized U.S. securities, will also issue a token tracking the index. Crypto-related equities have soared this year amid a market surge. S&P Dow Jones…
In brief Created in response to Bitcoin’s perceived limitations, Zcash offers privacy with zk-SNARK tech. In 2025, Zcash undergoes its halving, a funding overhaul, and a software migration—its biggest test yet. A decade on, Zcash is one of the privacy coins fighting for private, and decentralized payments. For many years, Bitcoin was used to buy…
In brief BNB leads the top 10 coins by market cap with 85.6% YTD gains, far outpacing Ethereum and Bitcoin. The rally has been fueled by interest in the Aster DEX, surging on-chain activity, and institutional interest. Experts have queried whether the rally is sustainable, pointing to overbought technical indicators. While Bitcoin and Ethereum have grabbed…
In brief BlackRock’s IBIT generates $244.5 million annually, more than any other BlackRock ETF including products launched 25 years ago. The Bitcoin ETF sits at $98.47 billion in assets, approaching the $100 billion milestone in just 435 days versus 2,011 days for Vanguard’s VOO. IBIT captured $1.8 billion of last week’s $3.2 billion in total…
In brief Union Minister Piyush Goyal announced India will introduce an RBI-guaranteed digital currency at a government event in Doha on Monday. The minister confirmed India has not banned unbacked cryptos but continues to tax them heavily to discourage use. Experts say India’s stance could favor regulated, asset-backed tokens but risk slowing private crypto innovation…
In brief Zcash is being highlighted by notable individuals on social media. The token’s price has increased nearly 240% over the past two days. Mert Mumtaz said Zcash would hit $1,000. Zcash’s price rose to $165 on Monday as Mert Mumtaz, CEO of Solana infrastructure firm Helius Labs, continued cheerleading the token on X, among…
The first week of October delivered a strong performance for the crypto market, with Bitcoin setting record highs and the layer-1 sector leading the charge among altcoins.The category, which includes assets like Solana, Avalanche, BNB, Sui, and Aptos, posted a 12.54% gain from September 29th to October 5th, according to Velo data. The layer-2 sector…
