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PANews reported on May 27th that, according to The Block, since the KelpDAO cross-chain bridge attack in mid-April, the total value locked (TVL) in DeFi has decreased by approximately 14%, from about $172 billion to $148 billion. The attackers exploited vulnerabilities in off-chain infrastructure, rather than smart contracts, to steal approximately $292 million, exposing new … Read more
A crypto PAC affiliated with Fairshake has poured $5 million into a Texas congressional runoff ahead of Tuesday’s vote. Protect Progress, an affiliate of the crypto-backed Fairshake PAC, spent $5 million supporting Democratic challenger Christian Menefee in Tuesday’s Texas 18th…
The debate over the ultimate macroeconomic store of value is reigniting as financial commentator Peter Schiff and ARK Invest CEO Cathie Wood clash over the future of digital savings. While Schiff dismisses Bitcoin’s long-term utility.
TechFlow by Deep Tide, May 26, news from Ondo Finance announcing the unexpected passing of its founder Nathan Allman. The statement said that Nathan Allman’s vision, humility, and execution shaped Ondo Finance’s growth, and his philosophy of promoting a more open and inclusive financial system will continue to guide the company’s future development. Ondo Finance … Read more
Shenzhen Tide TechFlow News, May 26 – According to Nikkei News, the ceasefire agreement between the United States and Iran reached in early April has been extended for 60 days. Ships from all countries will be able to navigate freely and safely as before the strait closure.
PANews reported on May 26 that, according to a report by Nikkei citing a Middle Eastern diplomatic source, the United States and Iran are discussing a plan to open the Strait of Hormuz approximately 30 days after the two countries reach an agreement to end hostilities. Once an agreement is reached, Iran will clear mines … Read more
On May 26th, PANews reported that Babylon Labs has initiated a temperature check proposal in the Aave community, suggesting integrating native Bitcoin as collateral on Aave V4 via the Babylon Trustless Bitcoin Vaults protocol. This solution requires no encapsulation, cross-chain bridges, or custodians. Users lock their Bitcoin in Taproot UTXOs, and redemption is controlled by … Read more
Adam Back says altcoins and memecoins may trend toward $0 as Bitcoin dominance stays high and crypto.news data shows weak altcoin momentum.
Ethereum co-founder Vitalik Buterin has outlined a major strategic transition for the Ethereum Foundation.
Deep Tide TechFlow news, May 25 — according to on-chain analyst Onchain Lens (@OnchainLens) monitoring, a whale sold 15,000 ETH in the past 24 hours, cashing out $31.12 million. Over the past 3 days, the whale has sold a total of 35,000 ETH, cashing out $72.3 million, with an average selling price of $2,066 per … Read more
