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ZkSync, a Web3 behemoth brimming with anticipation for its forthcoming release, faced a jarring upheaval when news of Era Lend’s hack surfaced. Era Lend, a premier lending platform within the ZkSync ecosystem, fell prey to exploitation, resulting in losses of a staggering $3.4 million. In a show of resilience, they swiftly wrested control from the threat and temporarily suspended all operations. According to DeFiLlama’s data, the assets locked within Era Lend plummeted from a lofty $18.5 million to a modest $10.75 million. Alongside the repercussions of the $3.4 million attack, certain investors opted to withdraw their assets from the platform.…

Avalanche, renowned as one of the most favored Layer 1 projects, has exciting news to share. The project has revealed its bold commitment to the tokenization field through its foundation by earmarking a substantial $50 million investment fund. The primary purpose of this fund is to facilitate the creation of tokenized assets on the AVAX network, as disclosed in the foundation’s official statement. In recent times, the domain of tokenization and Real World Assets (RWA) has made significant waves in the cryptocurrency markets. Among the key players leading the charge in this domain are Avalanche and MakerDAO (MKR). On the…

In recent events, Star Atlas, a captivating Gaming Web3 project built on the Solana blockchain, released a statement addressing their current situation. The CEO of the company managing the project expressed how deeply they were impacted by the unfortunate collapse of FTX, leading to significant downsizing within their core team. The fallout from FTX’s bankruptcy resulted in a staggering $15 million loss for the company. Looking back at its peak price of $0.268 in 2021, Star Atlas experienced a dramatic decline of around 99%. This was exacerbated by the increased token supply and the far-reaching repercussions of the FTX collapse…

While a long economic crisis is affecting the financial markets, there are signals that the crisis is slowly over in the last period. However, despite the sharp rises in the US stock market and precious metal prices, the Bitcoin and cryptocurrency market continues to be suppressed. All eyes are on the interest rate decision to be announced by the Fed. The US Federal Reserve Bank (Fed) will announce its interest rate decision on Wednesday, July 26 at 21.00 Turkish time. Expectations are most likely that the Fed will increase interest rates by 25 basis points, reducing interest rates to the…

The United Kingdom’s regulatory authorities have announced their intention to initiate an extensive review of Worldcoin (WLD). At the forefront of their agenda, the country’s Information Commissions Office (ICO) has taken up the investigation of this intriguing Web3 project. The managers behind the project have provided initial details about its launch in the UK, but it appears that further in-depth research is necessary. Worldcoin, a cryptocurrency that burst onto the scene just yesterday, has already garnered attention from several cryptocurrency exchanges. Its unique offerings, featuring digital passport solutions and advanced iris scanning technology, have put Web3 under the radar of…

Although the crypto money markets started 2023 with a great rise, its rise had stopped with the pressures from the USA. The pressure in the altcoin market after the SEC lawsuits continues at full speed. While US stock markets and other assets continue to rise on July 24, 2023, cryptocurrencies, especially Bitcoin (BTC), are losing value. While the US stock market continued the day with an increase, the increases in ounce gold and brent oil prices also drew attention. However, the decline in Bitcoin and altcoin prices may be due to pressure from the USA. Recently, Nasdaq’s crypto custody service…

Worldcoin (WLD), launched by ChatGPT creator Sam Altman, CEO of OpenAI, made a quick introduction to the agenda. Comments came from Ethereum founder Vitalik Buterin for this new Web3 project. According to Buterin, Worldcoin has serious problems and it will take years before it can actually work. Worldcoin (WLD), which attracted attention by being released on July 24, 2023, has been eagerly awaited for a long time. Layer 2 offering solutions web3 project Vitalik Buterin made various comments in the article he shared on his website. Buterin, who did not draw a positive framework, identified 4 main problems with the…

The United States Securities and Exchange Commission (SEC) has sued many cryptocurrency exchanges and companies in the past period. In his case with the US-based Coinbase, the first hearing date has been announced. The trial judge approved the request for the opening session and the date of all subsequent responses. The first notes and documents will be delivered on August 4, 2023. Paul Grewal, Coinbase Chief Legal Officer, in his social media postannounced that their request for trial dates was approved. Accordingly, no decision has yet been taken regarding the 2nd Response sessions for the litigation process that will begin…

Created by the CEO of OpenAI, the creator of ChatGPT, which has taken the world by storm in recent months, Worldcoin (WLD) was released on July 24, 2023. The price of WLD, which is listed by many major cryptocurrency exchanges, has gained about 15 times its opening level. Many crypto exchanges listed the long-awaited Worldcoin (WLD) on the same day. Binance especially; Kucoin, OKX, bithumb, Huobi, Bybit, Gate And MEXC The tokenomics of WLD, which is listed on the stock exchanges, has also been published. WLD price is at the level of $ 2.4 as of the time of writing.…

After Elon Musk’s acquisition of Twitter, crypto money markets, especially Dogecoin (DOGE) entered the expectation of integration. It has been announced that as of July 24, 2023, Twitter will be replaced by the X brand. After the Dogecoin logo on Elon Musk’s profile, the DOGE price rose sharply. Tesla The company’s purchase of Bitcoin and Elon Musk’s posts about meme coins in the past have mobilized the crypto money markets. Twitter’s logo was also replaced by Dogecoin’s dog in the past. Today, Elon Musk changed Twitter’s name and logo. The billionaire name, who appeared in front of users again with…