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Top decentralized exchange Curve Finance has warned users to avoid its curve.fi website due to an ongoing DNS hijacking attack, which redirects users to a malicious wallet drainer.  Last week, Curve’s X account was hacked to promote a phishing website, another common scam facing crypto users. Approximately two hours after the initial alert, Curve confirmed that curve.fi “points to a malicious site which can drain your wallet!” Co-founder Michael Egorov steered users towards the platform’s other front-end, curve.finance, in the meantime.  A later update confirmed that “ the protocol itself remains fully operational and secure .” While all smart contracts are safe, the domain name points to a malicious site which can drain your wallet! We are investigating and working on recovering the access. No sign of a compromise on our side https://t.co/YUmwtwt5PH — Curve Finance (@CurveFinance) May 12, 2025 Read more: Compound Finance and Celer Network websites com...

The crypto market has experienced a rollercoaster ride this week. Just days ago, Bitcoin was flirting with the $62K mark, and our Analysis hinted that August might not be its strongest month. Little did we expect the swift and severe market plunge triggered by macroeconomic events. However, crypto has a knack for bouncing back quickly. Before we could even catch our breath, many coins had already posted impressive gains. Despite the market turbulence, major players have been actively accumulating assets behind the scenes. As Bitcoin rebounds from a dip below $50K to $56K, with significant buying observed on major exchanges, the outlook might be turning more optimistic. Meanwhile, Ethereum has experienced volatile swings, and the SOL/ETH ratio has hit new highs.   Biggest Crypto Gainers Today – Top List Today’s grand selection of top gainers are not just surviving—they’re thriving, turning heads with their impressive gains and innovations. First, Drift ...

Despite their popularity, DEXs have a number of drawbacks that may be preventing growth. A new approach, however, has offered a way forward. In May 2022, at the tail of the crypto bull market, economist Eswar Prasad wrote an op-ed for the Financial Times arguing that DeFi’s promise as a means of democratizing finance was a long way from being realized. In his words, “For all its promise in democratizing finance and broadening financial access, the emerging reality suggests a concentration of economic power, while the risks fall largely on those investors least able to handle them.” Prasad is right that early DeFi projects catered almost exclusively to crypto natives, often called “degens” in Twitter parlance. However, he didn’t acknowledge that this is in fact a common pattern for any nascent industry crossing the chasm from fringe to mainstream adoption. New, transformative technology frequently starts out looking like a toy. The internet went through this same phase, as did many of ...

GMX token has been one of the top performers over the past day. After appreciating by 20.21% in the past 24 hours, this DeFi token was priced at $49.01 at press time. Well, the token has not rallied out of the blue. Just a day back, it got listed on a host of top exchanges including Binance, FTX, Crypto.com, and Bitget. Listings usually act as catalysts to elevate asset prices and the GMX token embodied a similar effect. 🔔 GMX is listed in the https://t.co/vCNztABJoG App! Buy $GMX at true cost with USD, EUR, GBP, and 20+ fiat currencies. Download the App to buy, sell, and send #GMX now 👉 https://t.co/jt6bDDqikg@GMX_IO pic.twitter.com/jo5MPzRpxP — Crypto.com (@cryptocom) October 5, 2022 There’s More to GMX’s rally other than listings Until recently, GMX was a token that was hardly spoken about by people from the industry. Now, over the past day, it has managed to take center stage. The token might have been brought back to life because of...