While the hacked funds were fully recovered, the Thala token is still down roughly 35% since the incident occurred. Decentralized finance firm Thala Labs has recovered $25.5 million of liquidity pool tokens stolen from one of its farming contracts after the hacker was quickly tracked down by law enforcement and crypto sleuths. In a post...Continue Reading

Five of the top 10 crypto protocols by fee earnings in the last 24 hours were on Solana.  Solana-based apps notched record fees and revenue activity in the last 24 hours amid an apparent return of memecoin mania. According to a Nov. 18 X post from decentralized finance commentator Patrick Scott, who cited DefiLlama data,...Continue Reading

StarkWare is looking to reduce its already cheap fees as it anticipates a boom in blockchain activity and gas fees in the coming months. StarkWare CEO Eli Ben Sasson says he expects transaction speed on the firm’s Ethereum layer 2 Starknet to increase four-fold while fees fall “5x” over the next three months.  The network...Continue Reading