By Dimitar Dzhondzhorov It sounds almost surreal that only weeks ago BTC was fighting to stay above $60,000, while it now trades around $80,000. Its awakening has sparked widespread enthusiasm within the community and prompted analysts to call for an end to the bear market. However, not all are convinced that the bulls have fully […]
Category: News
A roughly 3% decline in PT-reUSD triggered about $36.4 million in liquidations on decentralized lending platform Morpho on Tuesday, highlighting the risks of highly leveraged crypto lending strategies. PT-reUSD is a principal token created through Pendle and linked to reUSD, a dollar-denominated yield-bearing asset. Pendle allows users to split yield-generating assets into principal tokens (PT) […]
By Bitcoinist Editorial Team TAC, a Cosmos-based EVM sidechain connected to the TON ecosystem, has halted block production after a supply-related exploit. The incident occurred on August 22, according to public incident materials. TAC connects Ethereum-based applications with the TON network, but the exploit affected the TAC sidechain and its token supply, not the main […]