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Axiom Exchange Surpasses $100 Million Revenue Milestone Just Four Months After Launch

In a remarkable achievement that places it among the fastest-growing startups in history, Y Combinator-backed trading platform Axiom has generated $100 million in revenue just four months after its initial launch. The web-based trading platform, which began its early-access phase in late January before opening to the wider public in mid-February, has experienced meteoric growth that outpaces even successful predecessors in the crypto space.

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Cetus Protocol Hacker Converts $60 Million to Ethereum After $223 Million DeFi Exploit

The decentralized finance (DeFi) ecosystem has been shaken by another significant security incident, with Cetus Protocol falling victim to a sophisticated hack that resulted in losses exceeding $223 million. In a concerning development, the attackers have already begun converting their ill-gotten gains, purchasing approximately $60 million worth of Ethereum (ETH) with the stolen funds.

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