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Solana-based DePIN io.net CEO claims network was attacked in detailed postmortem
Solana-based DePIN io.net CEO claims network was attacked in detailed postmortem

Quick Take Ahmad Shadid, CEO of Solana-based decentralized compute provider io.net, explained on X how the protocol has been working to expel users from the network who spoofed GPUs in order to farm io.net rewards. Crypto investors had questioned the true numbers of GPUs available on io.net’s platform. Shadid called the attack a “painful lesson” and promised that it would not delay the launch of future releases or the $IO token.

The Block·2024/04/28 22:52
Here’s How Much DYDX Has Evolved Since its Launch
Here’s How Much DYDX Has Evolved Since its Launch

DYDX has become the powerhouse of the layer-1 dYdX blockchain, enabling decentralized governance on the network.

Cryptopotato·2024/04/28 21:31
BlackRock's $IBIT adds Moonpay Chief Legal Officer Lindsey Haswell to fund's board
BlackRock's $IBIT adds Moonpay Chief Legal Officer Lindsey Haswell to fund's board

BlackRock has announced that Moonpay’s top lawyer will join the board of BlackRock’s $IBIT spot Bitcoin ETF, one of the top contenders in the market.Haswell is also a member of the Core blockchain’s founding team.

The Block·2024/04/28 19:22
Flash
17:04
「White-Haired Stock God」 List Plunges, Top Pick Stock SIVE Drops by 14.4%
BlockBeats News, June 10th, according to Bitget market data, the "White-Haired Stock God" Serenity's recommended stock list suffered a crash, with its heavy-weight recommended stock SIVE dropping by 14.4%; others including AXTI dropping by 15.2%, AEHR dropping by 10%, AAOI dropping by 17%, HPS.A dropping by 6.7%, SOI dropping by 10.4%, NVTS dropping by 13.8%, NBIS dropping by 6.5%.
16:59
SK Hynix and Samsung Electronics Plummet on trade.xyz, South Korean Stock Index Shows Poor Performance
On June 10, following a significant drop in the U.S. stock market, SK Hynix on trade.xyz fell by 10.85% from its intraday high, currently priced at $1,340. Samsung Electronics also saw a decline of 9.4% from its intraday high, now at $197.11. The Tradfi market does not have a concept of 'suspension,' with 24-hour continuous trading providing a reference for today's actual stock market opening, and the South Korean KOSPI index opened with a pessimistic outlook.
16:04
In the last 24 hours, the entire network has seen $368 million in liquidations, with the majority coming from long positions.
BlockBeats News, June 10th, according to Coinglass data, the entire network liquidated $368 million in the past 24 hours, with long liquidations totaling $284 million and short liquidations amounting to $83.93 million.
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