The omnichain interoperability protocol wants to buyback the asset bridge token they launched a few years back. The foundation has different plans for the bridge and has made a buyout offer to the decentralized autonomous organization (DAO) that governs it. The suggestion ignited the prices of the native tokens of...
$3.1 Billion in Crypto Lost in 2025’s Painful First Half: Hacken
DeFi faced its worst quarter since 2023 as it lost $300 million in Q2. Halfway through 2025, the crypto industry has already suffered over $3.1 billion in losses from hacks, scams, and exploitations. According to Hacken’s latest report, this year has emerged as one of the most damaging in recent...
Raydium’s RAY Token Drops 29% Amid Rumors of Pump.fun’s Competing AMM
Pump.fun’s AMM plans could disrupt Solana’s DeFi scene, threatening Raydium’s liquidity dominance and sparking a double-digit RAY price drop. Raydium’s native RAY token has taken a hit, nosediving by more than 29% after reports emerged that Pump.fun is developing its own automated market maker (AMM). If true, the move could...
