Swift Response: Cosmos Addresses Critical IBC Protocol Vulnerability
TL;DR Critical vulnerability in Cosmos’ IBC protocol allowed infinite tokens to be generated. It existed in ibc-go but was made exploitable by recent developments in
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DAI Reaches a Historic Record of $240 Billion in On-Chain Transaction Volume
TL;DR DAI reached a historic record of $240 billion in on-chain transaction volume last week, surpassing the combined volume of other stablecoins. The surge occurred
Mt. Gox’s $9 Billion Bitcoin Payout: A New Dawn for Creditors
TL;DR Impending Payout: Creditors of the defunct Mt. Gox exchange are close to receiving $9 billion in Bitcoin, marking a potential end to a decade-long
Upbit Surge: AKT and BIGTIME Stand Out Following Listing on South Korean Exchange
TL;DR Akash Network (AKT) and Big Time (BIGTIME) see significant surge after their listing on Upbit. The start of trading for Akash Network (AKT) has
XRP Hits New High in Millionaire Addresses and Increases in Value
TL;DR Ripple reaches new all-time high in millionaire addresses. The price of XRP has seen a significant increase. The number of wallets with at least
Shibarium Experienced a Temporary Network Outage: Here Are the Reasons
TL;DR Shibarium, Shiba Inu’s layer 2 protocol, experienced a temporary network outage, negatively impacting users’ experience. Despite the technical issues, the platform has managed to
Bitcoin Miners Fees: The Key to $107 Million Profit
TL;DR Record Profits: Bitcoin miners earned a staggering $107 million on April 20th, 2024, with 75% of this coming from transaction fees due to increased
Cryptocurrency Expert Warns of Losses in Solana Meme Token Projects
TL;DR 12 of Solana’s pre-sale meme coins have been abandoned, resulting in the loss of over 180,650 SOL ($26.7M). ZachXBT alert on risks associated with
ZKasino Sparks Controversy by Diverting $33 Million in Refunds to Lido
TL;DR ZKasino fails to fulfill promise of refunds worth $33 million. Users report transfer of funds to Lido and changes in the cryptocurrency return plan.
FTX’s $247 Million Token Transfer: Market Implications
TL;DR FTX Treasury Wallet Activity: The FTX Treasury Wallet has transferred assets including 195.87 million FTT tokens (worth approx. $247 million), 2,010 ETH, and 6.36