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...
Injective Hub V2 Goes Live, but INJ Price Shows Minimal Reaction
Even after a major upgrade, INJ's price has barely moved, gaining only 2% in a day. In a major upgrade to its ecosystem, Injective Labs has announced the release of Injective Hub V2. The latest release aims to improve user experience and streamline interactions within the Injective blockchain. It also...
Hackers Have Stolen $1.49B YTD, DeFi Suffers 200 Attacks But CeFi Isn’t Safe Either
Cybercriminals target CeFi by posing as recruiters or planting fake employees to exploit infrastructure vulnerabilities and steal funds. In November 2024, hacks accounted for an overwhelming 99.96% of total losses. During the same period, fraud and rug pulls fell significantly, contributing to just $25,300 in total losses across two incidents....
