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November 3, 2025The Crypto Basic logoThe Crypto Basic

Hackers Drain $120M From Ethereum DeFi Protocol Balancer

Leading Ethereum-based DeFi protocol Balancer has become the latest victim of a hack, with attackers draining nearly $120 million from its ￰0￱ blockchain analytics platforms, including Lookonchain and PeckShieldAlert, have called the public’s attention to the ￰1￱ Website

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Lava Debuts Bitcoin-Backed Line of Credit, Secures $200M Funding

Lava Debuts Bitcoin-Backed Line of Credit, Secures $200M Funding

Lava, a bitcoin-focused financial platform, disclosed it has raised $200 million and launched a global bitcoin-backed line of credit (BLOC) offering borrowing rates starting at 5%, marking an expansio...

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1 min
Ethereum Foundation Resumes Grants with New Wishlist and RFP Models

Ethereum Foundation Resumes Grants with New Wishlist and RFP Models

The Ethereum Foundation has restarted its grant program through the Ecosystem Support Program (ESP), introducing a proactive model with Wishlist initiatives and Requests for Proposals (RFPs) to better...

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1 min
Cipher Mining Seals 15-Year Deal With Amazon for 300MW Data Center

Cipher Mining Seals 15-Year Deal With Amazon for 300MW Data Center

Cipher Mining Inc. has signed a 15-year data center campus lease with Amazon Web Services (AWS) to supply 300 megawatts of capacity for artificial intelligence (AI) workloads, marking one of its large...

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1 min