Chainlink (LINK) is gaining attention in the crypto space, with analysts highlighting a potential 200% rally supported by a bullish flag pattern.
A recent exploit on Abracadabra.Money, a cryptocurrency lending platform, targeted pools that were built using GMX GMX tokens.
Abracadabra.Money lost $13 million in an exploit that targeted liquidity pools using GMX tokens.
Today, March 26, 2025, Chainlink's native token, LINK, gained massive attention on social media following the formation of a bullish price pattern on the four-hour timeframe. Since the beginning of February 2025, the altcoin has been moving within a descending parallel channel.
LINK's recent milestone attracts more investors.
The Avalanche crypto ecosystem is buzzing with excitement as the AVAX price surges toward new heights. After hitting a low of $15.27 on March 11, 2025, the Avalanche cryptocurrency price has rebounded impressively, climbing over 35% in just two weeks.
Abracadabra Finance has confirmed a security exploit affecting its gmCauldron smart contracts, resulting in the theft of approximately $13 million and is taking steps to recover the funds.
The attack targeted pools tied to GMX liquidity tokens, specifically “cauldrons” using GM tokens as collateral.
An attacker drain approximately 6,262 ETH, valued at around $13 million, from Abracadabra's liquidity pools on GMX.
The cryptocurrency price prediction today, March 25, is bullish after the US stock market recorded its best trading day in history after adding more than $1.5 trillion. These gains coincided with a recovery across the cryptocurrency market with Bitcoin price reaching a two-week high above $88,000.
Magic Internet Money (MIM) was exploited for 6,260 ETH, taken from lending vaults on Arbitrum. While MIM used GMX smart contracts, neither the GMX project nor the GM token were affected by the hack.
About $13 million worth of cryptocurrency has been drained from decentralized lending protocol Abracadabra.Finance following an exploit targeting pools using GMX tokens.In a March 25 X post, crypto cybersecurity firm PeckShield reported that contracts related to GMX and Abracadabra.Money had been compromised, resulting in the loss of about 6,260 Ether (ETH), worth around $13 million. The news follows Abracadabra.Money losing $6.49 million after its smart contracts were compromised in late January 2024.
The crypto market demonstrates moderate price rebound patterns toward the end of Q1 2023. The Bitcoin value remains stable at $87K but alternate cryptocurrency prices demonstrate convincing upward price action.
Since its low on March 10th, AVAX has surged to $22.12, posting a 1.30% gain in the last 24 hours, fueling market optimism. The RSI is sitting in the overbought zone (77), while both the MACD and EWO indicate bullish momentum.
The Chainlink (LINK) price has seen a significant surge after partnering with Abu Dhabi's ADGM. This sparks a bullish sentiment signaling a major rally ahead.
The Abu Dhabi Global Market (ADGM), one of the main financial zones of the United Arab Emirates, has announced a strategic agreement with Chainlink to develop new tokenization models. The agreement, established by a Memorandum of Understanding (MoU), marks a further step towards the integration between traditional finance and blockchain technology. According to the official announcement on March 24, the agreement will allow ADGM to leverage Chainlink's technologies, including data feeds and interoperability tools. The initiative aims not only to support the tokenization of financial assets but also to stimulate the discussion on blockchain, artificial intelligence, and other emerging technologies in the region.
A few days ago, Backed Finance announced the launch of the tokens Coinbase Stock (bCOIN) and S&P 500 (bCSPX) on the Avalanche C-Chain network. Thanks to these tokens, eligible DeFi users will be able to gain on-chain exposure to both the S&P500 and Coinbase.
Cryptocurrency prices started the week well as investors turned bullish on risky assets like stocks. This rebound was driven by news that Donald Trump was more flexible on tariffs ahead of his “Liberation Day” on April 2. This article provides forecasts for some popular cryptocurrencies like Floki (FLOKI), Chainlink (LINK), and Binance Coin (BNB).
Abu Dhabi Global Market (ADGM), the UAEs premier international financial center, has signed a strategic memorandum of understanding (MoU) with Chainlink to co-develop regulatory frameworks for tokenized assets and blockchain technology. Through this partnership, ADGM will leverage Chainlinks robust blockchain infrastructure, including its secure data feeds and cross-chain interoperability tools.
As part of its ongoing efforts to expand its presence in the UAE and foster tokenization among blockchain projects, Chainlink has partnered with Abu Dhabi Global Market (ADGM), the financial center of the UAE's capital.
Abu Dhabi Global Market (ADGM), a financial zone with over $635 billion in assets under management, signed a Memorandum of Understanding (MoU) with Chainlink in a move to connect the world of traditional finance with blockchain data.The agreement will allow ADGM to use Chainlink's suite of tools, such as data feeds and interoperability technology, ADGM said in a March 24 announcement. The partnership also aims to encourage further discussion around blockchain, artificial intelligence, and other emerging technologies in the region.
After days of market swings the global crypto market shows increasing signs of strength. The price of XRP continues at a steady pace close to $2.50.
After Chainlink Labs, the primary developer contributor of Chainlink, opened its offices in ADGM, the financial center of Abu Dhabi UAE at the end of 2024 as part of its expansion in MENA, Chainlink has now taken it a step further by partnering with ADGM itself to help foster tokenization, AI and DLT technologies in
Abu Dhabi Global Market (ADGM), the international financial center of the UAE's capital, has entered into a formal collaboration with Chainlink, a leading provider of blockchain infrastructure services. The agreement, structured through a Memorandum of Understanding (MoU), will support the development of compliant frameworks for tokenized assets.
Bitcoin (BTC) rose 4.25% last week to close above $86,000, and the bulls extended the recovery above $88,700 on March 24. 10x Research founder Markus Thielen said in a March 23 report that Bitcoin's reversal indicators had turned positive, suggesting a “renewed uptrend.
Chainlink price has risen modestly from its lowest point this month, with strong fundamentals and technical signals suggesting more potential gains. Chainlink (LINK) rose to $15.
ADGM and Chainlink signed an agreement to develop blockchain standards and tokenization frameworks, while Singapore-based Seviora Group opened its first Middle East office in Abu Dhabi, reflecting growing interest in regulated digital assets and investment opportunities in the region. The post ADGM and Chainlink to Develop Tokenization and Blockchain Frameworks appeared first on Cryptonews.
Made in USA cryptos are back in focus as several key tokens show fresh activity heading into the last week of March. Among them are PENGU, AVAX, Pi Network (PI), Official Trump (TRUMP), and RENDER, each drawing attention for different reasons.
The agreement will provide ADGM with access to Chainlink's blockchain tools and enable regulatory discussions on blockchain, AI, and other emerging technologies.
TL;DR The digital asset market broke a five-week streak of consecutive capital outflows, recording $644 million in inflows. The United States led investments with $632 million, while Switzerland, Germany, and Hong Kong saw smaller positive flows.
Abu Dhabi Global Market (ADGM) has entered into a strategic partnership with Chainlink, aiming to strengthen its regulatory framework for blockchain, tokenisation, and emerging financial technologies. This collaboration is part of a wider effort to develop a compliant and secure environment for digital assets within the United Arab Emirates.
Abu Dhabi Global Market has signed a Memorandum of Understanding with Chainlink to explore blockchain regulation, tokenization, and emerging technologies.
Avalanche's AVAX climbed 12% in the last 24 hours, with a 185% spike in daily trading volumes to nearly $400 million.
With Bitcoin (BTC) surging in price on Monday, the rest of the crypto market is also beginning to stir. Solana (SOL), Render (RENDER), and Avalanche (AVAX) are among the leaders of the crypto pack.
SOL, LINK, and SUI are the other notable gainers today.
LINK is testing key resistance, with strong accumulation and favorable metrics supporting a potential breakout.
Bitcoin (BTC) bulls are trying to make a comeback by maintaining the price above the 200-day simple moving average ($84,899) over the weekend. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to close above $85,000 this week to signal strength and “prevent a drop to $76,000.
Chainlink (LINK) is showing signs of strength, trading 27% above its March 11 low and hinting at a potential recovery if broader market conditions improve. Despite recent volatility and ongoing macroeconomic uncertainty, LINK has managed to hold its ground better than many altcoins, giving hope to investors who believe the worst may be over.
AVAX traders are cautious right now, but might that change soon?
The price of Avalanche (AVAX) has rallied from its low of $15.00 on Feb. 3 to its low on March 10 before rebounding.
Bitcoin's (BTC) recovery continues to face selling at higher levels, indicating that the bears have not given up. Trading resource Material Indicators said in a post on X that “Spoofy the Whale” has been suppressing Bitcoin's price below $87,500.Although the upside is currently restricted, select analysts believe that the downside is limited.
LINK has emerged as the top DeFi token in development activity, but its price has yet to reflect the same strength.
Chainlink (LINK) has been showing signs of recovery, but can it reach the $50 mark?
Polkadot (DOT) was also an underperformer, declining 3.7%.
Following the U.S. Federal Reserve's FOMC meeting the crypto market demonstrates a new upward trend. Interest rate maintenance by the Fed resulted in increased pricing across most cryptocurrency markets.
Crypto strategist Michaël van de Poppe says Bitcoin (BTC) may take off on a series of rallies if it can break through a key resistance level in the coming days.
Investment manager VanEck registered a trust company for an Avalanche (AVAX) exchange-traded fund (ETF) in Delaware.
Bitcoin (BTC) has been clinging to the 200-day simple moving average ($84,359), which suggests that the bulls have kept up the pressure. That improves the prospects of an upside breakout, signaling the corrective phase may be ending.