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Crypto Ecosystems

28-04-2025

Polygon Risks Losing Over $300 Million TVL as Aave Halts PoS Lending Services

The Aave community has approved a measure to halt lending services on Polygon’s Proof of Stake (PoS) chain, which could result in a loss of over $300 million in total value locked (TVL) on the chain. Aave is currently the largest decentralized application on Polygon PoS, with deposits exceeding $300 million.

Companies

28-04-2025

Bybit Expands Bounty Program, Offering 5% 'Upfront' Payment to Those Who Help Freeze Funds Stolen by Lazarus Group

Cryptocurrency exchange Bybit has announced the expansion of its bounty program, promising to pay 5% of the value of frozen funds to exchanges, coin mixers, or any individuals who can help freeze funds stolen by Lazarus Group, a hacker group believed to be affiliated with the North Korean government.

Latest Crypto News

28-04-2025

Bitcoin Mining Stocks Bitdeer and Cipher Plunge After 2024 Earnings Report, Profits Hit by Struggles

Bitdeer Technologies and Cipher Mining saw their stocks plummet after releasing their 2024 earnings reports, highlighting continued struggles to stay profitable. The fourth Bitcoin block reward halving in April 2024 has cut into miners’ revenues, forcing them to look for ways to diversify their operations.