Arcadia Finance users reimbursed by DeFi hack insurance
Nexus Mutual has paid about $250,000 in claims to users hit by July’s $3.5 million Arcadia Finance hack on Base.…
Day: August 5, 2025
Hyperliquid reimburses $2M to crypto traders after API outage
Hyperliquid’s rapid response may boost confidence in decentralized trading platforms, which are gaining market share. Decentralized exchange Hyperliquid has reimbursed…
Pump.fun hits lowest monthly revenue in 2025 as memecoins lose steam
Solana-based memecoin platform Pump.fun saw its July revenue plummet to $24.96 million, down 80% from its January peak. Solana memecoin…
Crypto funds see $223M outflow, ending 15-week streak as Fed dampens sentiment
Profit-taking broke a 15-week winning streak of global cryptocurrency ETPs last week after hawkish remarks that followed last week’s US…
White House crypto rules bring SEC-CFTC clarity for US crypto firms: Lawyer
Carving out clear jurisdictions for the SEC and CFTC may ease investor concerns over ambiguous securities laws. The long-awaited White…
Cardano community approves $71M treasury spend for network upgrades
Prior to the proposal passing, Cardano’s Technical Steering Committee submitted a competing bid and users expressed concern about transparency and…