• French police have arrested two people in connection with an attack on the decentralized finance (DeFi) protocol Platypus. • Platypus stated that it has recovered 2.4 million USDC and 687,000 BUSD out of the $9 million in stolen assets. • The attack against Platypus used a flash loan and…
-
-
• Avalanche’s TVL and market dominance increased last week, with active addresses also on the rise. • Derivatives demand remained stable and indicators were bullish. Weekly highlights revealed growth in several aspects such as daily active addresses, market capitalization and transaction count. • AVAX’s price went up by nearly 15%…
-
• Bitcoin [BTC] has traded in the $21.6k region over the past few days, with buyers determined to defend this support level. • ApeCoin [APE] is likely to follow BTC if it sees a rally in the coming days. • The exchange flow balance shows selling pressure spikes in recent…
-
Solana Price Analysis • Solana traded within a range formation, with resistance at $26 and support at $22.7, and lower timeframe analysis showed that $23.5 and $22.5-$22.7 are important to watch out for. • If BTC and SOL are able to defend the outlined levels of support, it was likely…
-
• PancakeSwap’s [CAKE] Daily Active Users (DAU) increased to 127,790, allowing it to break into the top five according to the metric. • Despite the upturn in usage, CAKE failed to register a price increase, losing 2.56% of its value in the last 24 hours. • The Relative Strength Index…