Vitalik Buterin: Crypto’s ‘Baptisms of Fire’ Will Drive Future Growth
TL;DR Vitalik Buterin highlights the importance of crises in the crypto industry for its growth. The collapse of FTX and other investment funds exposed the...
blockchain
Indian National Sentenced to 5 Years for $20 Million Cryptocurrency Fraud
TL;DR An Indian citizen has been sentenced to five years in prison for crypto fraud using fake websites imitating Coinbase. The fraud allowed him to...
Magnetic X Defends Against DDoS Attack on XRP Ledger
TL;DR Magnetic X successfully repelled a DDoS attack. The platform has strengthened its security without giving in to the attackers’ demands. The exchange remains committed...
Radiant Capital Hacked, Exposing Security Flaws and Causing a $50 Million Loss
TL;DR Radiant Capital suffered an attack resulting in the loss of over $50 million due to flaws in its multisig configuration. The vulnerability allowed transactions...
XRP Ledger to Implement Major Decentralized ID Upgrade on October 30
TL;DR The XRP Ledger (XRPL) will be updated with the Decentralized Identifiers (DID) amendment on October 30. The amendment aligns DID operations on XRPL with...
Ether Faces Seven-Month Decline Amid Intensified Layer-1 Competition
TL;DR The price of Ether has fallen by 36% over the past seven months due to competition between layer 1 (L1) blockchains. Solana stands out...
Historic Record in Bitcoin Futures Open Interest on the CME
TL;DR Open interest in Bitcoin futures on the CME reached an all-time high of 172,430 BTC, equivalent to $11.6 billion, with an increase of 25,125...
Tesla Makes First Bitcoin Moves in Two Years
TL;DR Tesla made its first Bitcoin transaction in two years, moving $225 million worth of BTC. The company transferred a total of $760 million in...
Trump Surges to 16% Lead Over Harris in Polymarket Betting Odds
TL;DR Donald Trump leads with a 57.9% chance of winning the election in Polymarket, compared to 41.8% for Kamala Harris. Bets on the election outcome...
Phlomis Finance Enters Real-World Asset Tokenization Through Chromia
TL;DR Phlomis Finance enters the real-world asset (RWA) tokenization market using Chromia’s blockchain infrastructure. The initiative aims to eliminate access barriers and facilitate investments in...