Bitcoin DeFi tool BadgerDAO hit by estimated $120 million hack

The global crypto market cap is $2.61 trillion with a 24-hour volume of $119.33 billion. The price of

CryptoSlate Newsletter @cryptoslate

The global crypto market cap is $2.61 trillion with a 24-hour volume of $119.33 billion. The price of Bitcoin is $57,066.47 and the BTC dominance is at 41.0%. The best performing cryptoasset sector is DuckSTARTER, which gained 9%.

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Bitcoin DeFi tool BadgerDAO hit by estimated $120 million hack BadgerDAO recently suffered a major exploit, and according to the current speculation the attack was executed via the protocol's front-end. cryptoslate.com

Multichain liquidity aggregator Symbiosis to list on Bybit and Gate Interoperability and cross-chain transfers are increasingly becoming key to the growth and success of blockchain technology. cryptoslate.com

Bitcoin (BTC) hashrate recovers from China's crackdown Months after China's crackdown on Bitcoin mining, the space has almost totally recovered from the lows as it is recently posting new highs. cryptoslate.com

How Abracadabra became one of the fastest-growing decentralized protocols There is still no consensus about the best method of creating a stable currency on the blockchain.  While USDT is the most popular stablecoin, many believe it is a giant house of cards capable of crashing the whole system. cryptoslate.com

Solana NFT platform SolChicks is backed by...113 VC funds SolChicks has become the talk of the town after it was revealed that 113 different venture capital funds have invested in the project. cryptoslate.com

Crypto bill alleging banning private crypto was a "mistake," ex-Indian minister says Subhash Garg, the former finance secretary of India, said that the news regarding a blanket ban on private crypto might be misleading. cryptoslate.com

Grayscale writes a letter to the SEC, accuses the regulator of violating the law Grayscale attorneys issued a letter to the US SEC, claiming that the agency is violating the Administrative Protections Act (APA). cryptoslate.com

Shiba Inu makes a comeback, but are meme coins sustainable long term? Shiba Inu hit a two-week high on Tuesday, of $0.00005463, before profit-taking gave up most of the gains to close the day at $0.00004729. cryptoslate.com

Cardano (ADA) hits milestone of 20 million transactions, but when are dApps coming? Cardano just hit a major milestone by processing its twenty millionth transaction. What's more impressive is that this was accomplished. cryptoslate.com

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