TheCryptoDesk

TheCryptoDesk

Alt Coins

Ethena Labs’s Fake ENA token Exploited on Binance Draining $290K: Report

Hours after introducing Ethena (ENA) on Binance Launchpool, a fake ENA token has been exploited for 480 BNB worth $290,000. According to a report by on-chain security firm PeckShield on Friday, the exploited token is the fake version of ENA. “The token shares the same name as the legitimate ones,” the updated post on X […]

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PancakeSwap’s Latest Proposal Triggers a 21% Surge in CAKE Value Within Hours

The PancakeSwap community is suggesting a reduction in the overall supply cap of its native token, CAKE. A proposal unveiled on December 21st advocates for decreasing the total supply limit of the asset from 750 million to 450 million. This proposal aligns with CAKE’s consistent deflation over the past few months and its intensified focus

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Unveiling XRP: A Beginner’s Guide to Ripple’s Digital Currency

Introduction In the ever-evolving landscape of cryptocurrencies, XRP stands out as a unique player, offering solutions that extend beyond simple peer-to-peer transactions. This beginner’s guide aims to demystify XRP, exploring what it is, how it works, and the potential future applications that make it a noteworthy digital asset. What is XRP? XRP is the native

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Solana: A Beginner’s Guide to the High-Performance Blockchain

Welcome to the world of Solana, a cutting-edge blockchain platform that has gained significant attention for its high throughput and low transaction costs. In this beginner’s guide, we’ll explore the fundamentals of Solana, its unique features, and guide you on how to embark on your journey into this innovative blockchain. Understanding Solana: 1. What is

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Ethereum Unveiled: A Beginner’s Guide to the Future of Smart Contracts

Welcome to the world of Ethereum, a groundbreaking blockchain platform that goes beyond being just a cryptocurrency. In this beginner’s guide, we’ll explore the basics of Ethereum, delve into its innovative features, and guide you on how to get started with this transformative technology. Understanding Ethereum: 1. What is Ethereum? Ethereum is an open-source blockchain

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