Pirate Nation is an onchain role-playing game (RPG) that operates on its own Arbitrum Orbit-based Layer 3 blockchain. It recently launched its PIRATE token, which trades at a $220 million FDV.

But something's off with lenders' parameters if a single entity can borrow against 30% of a token's market cap.

Analyst cites anticipation of spot Ethereum ETFs as a key factor.

Investors pulled $226 million from spot Bitcoin ETFs on Thursday.

Polkadot plans to move away from its parachain architecture

Analysts believe the exploit may have been perpetrated by a “rogue developer.”

Leading memecoins have plunged, with market leaders PEPE and WIF dropping 15% and 25%, respectively, in the past seven days.

Curve’s founder suffered an enormous CRV liquidation after borrowing $95.7 million worth of stablecoins against the asset.

Bitcoin Layer 2 networks and sidechains are attracting large inflows amid an uptick in activity.

Powered by a forthcoming ZAP token, the new protocol aims to incentivize better interpretation and contextualization of onchain information.