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Kujira token drops 40% as team's on-chain leveraged positions get liquidated

Kujira's KUJI token dropped 40% due to liquidations from the foundation's leveraged operations, resulting in $2 million debt and community impact.

theblock.co • 01/08/2024 - 12:45 PM

ZachXBT alleges Alameda-backed ZKX announced raise and launched token despite shutdown risk

ZKX is shutting down due to minimal user engagement and funding issues, prompting investor concerns over the project's viability and potential misrepresentation.

theblock.co • 01/08/2024 - 12:33 PM

ZachXBT alleges Alameda-backed ZKX announced raise and launched token despite shutdown risk

ZKX, a derivatives trading DEX, is shutting down due to funding issues, prompting allegations of misleading practices and 'rugpull' accusations from the community.

theblock.co • 01/08/2024 - 12:33 PM

Elixir launches 'fully decentralized' synthetic dollar aiming to challenge Ethena's USDe

Elixir has rolled out its synthetic dollar ‘deUSD’ to challenge Ethena’s USDe. Elixir claims to have $1 billion in liquidity lined up to back the new yield-bearing token.

theblock.co • 31/07/2024 - 14:05 PM

Coinbase-backed Router Protocol launches its own Layer 1 blockchain

Router Protocol has launched Router Chain, a Layer 1 network for decentralized applications, using proof-of-stake consensus to enhance multi-blockchain interactions and liquidity.

theblock.co • 30/07/2024 - 13:00 PM

PROTOCOLS

Kujira token drops 40% as team's on-chain leveraged positions get liquidated

ZachXBT alleges Alameda-backed ZKX announced raise and launched token despite shutdown risk

ZachXBT alleges Alameda-backed ZKX announced raise and launched token despite shutdown risk

Elixir launches 'fully decentralized' synthetic dollar aiming to challenge Ethena's USDe

Coinbase-backed Router Protocol launches its own Layer 1 blockchain

$24 million Compound Finance proposal passed by whale over DAO objections

Brevan Howard Digital joins Monad liquid staking protocol Kintsu's $4 million seed round

Polymarket’s July trading volume surpasses $380 million, hits record high

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