Avalanche (AVAX) DeFi TVL Rises Nearly 40% Following Octane Upgrade

In a turbulent second quarter (Q2) for the cryptocurrency market, Avalanche (AVAX), a layer-1 blockchain platform frequently considered a competitor to Ethereum (ETH), reported a mixed bag of financial metrics.  Avalanche Price Declines But User Engagement Soars A recent analysis from data firm Messari revealed that AVAX’s price fell 4.2% quarter-over-quarter, dropping from $18.77 to…

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Happy Ending: Crypto Hacker Returns Funds From $42 Million GMX Exploit

In a positive development for the crypto community, the individual responsible for the GMX exploit accepted the platform’s bounty and returned over $40 million worth of assets stolen from the project. Crypto Hacker Takes $42 Million From GMX On Friday, the recent GMX V1 exploit ended on a happy note after the individual responsible for…

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