Global

The crypto liquid restaking protocol Bedrock has suffered a significant setback, losing approximately $2 million in a security exploit. The incident has raised eyebrows, especially after the protocol attempted to recruit the very hacker who exploited its vulnerabilities to enhance its security measures.

The cryptocurrency market is experiencing a notable upswing, with almost all top cryptocurrencies showing positive growth in the last 24 hours. Bitcoin and Ethereum have increased by 3.3% and 2.0%, respectively, while BNB, Solana, XRP, and Dogecoin have seen gains of 2.3%, 5.4%, 0.6%, and a striking 9.4%.

Render (RENDER) has experienced a significant surge in price, outperforming both Bitcoin and Ethereum in recent weeks. This bullish momentum is largely attributed to the accumulation of RENDER tokens by large holders, known as whales.

Cardano (ADA) has enjoyed a significant price surge this week, reaching a two-month high. However, despite the positive momentum, several key indicators suggest that ADA's upward trajectory may be facing challenges.

In a significant move to enhance trading opportunities, Crypto.com has introduced Contracts for Differences (CFDs) to its platform shortly after adding PayPal as a payment method.

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