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DeltaPrime Suffers $6M Exploit Amid North Korea Link Allegations
September 16, 2024
DeFi protocol DeltaPrime has fallen victim to a significant exploit, resulting in a $6 million loss, according to blockchain security firm Cyvers. This latest breach was detected on September 16, …
Read moreCrypto Biweekly Roundup: Security Breaches, Partnerships, and Regulatory Moves
September 16, 2024
WazirX Heist Sparks Concerns Over Customer Fund Recovery - Hackers stole over $230 million from WazirX, causing concerns about fund recovery for users.Binance CEO Condemns Nigeria For Inhumane Treatment Of …
Read moreUnderstanding MEV: Miner Extractable Value
September 16, 2024
Miner Extractable Value (MEV) represents the profit miners can derive from controlling transaction ordering within blocks they mine in blockchain networks. Initially highlighted in Ethereum, MEV encompasses various activities like …
Read moreBitcoin Exchange Inflows Dominated By Short-Term Holders Amid Market Volatility
September 14, 2024
Recent data indicates a significant dominance of short-term holders in Bitcoin exchange inflows. According to CryptoQuant data, addresses holding BTC for less than three months constituted over 92% of the …
Read moreCollaborative Efforts To Combat Financial Crime In Crypto
September 14, 2024
The cryptocurrency world witnessed a significant development as Tron, Tether, and TRM Labs joined forces to establish the T3 Financial Crime Unit (T3 FCU). This initiative aims to combat financial …
Read moreMicroStrategy Acquires Major Bitcoin Stake, Boosting Holdings to Over $14 Billion
September 14, 2024
MicroStrategy, the business intelligence software firm led by Michael Saylor, has yet again made a significant addition to its Bitcoin holdings. The company recently announced the purchase of 18,300 BTC …
Read moreEthereum ZKsync Criticized and Polygon Invests $5M in Zero-Knowledge Hardware
September 13, 2024
Solana co-founder Anatoly Yakovenko recently criticized the Ethereum layer-2 network ZKsync, asserting that despite claims of community-led governance, the network still operates like a multisig system. Yakovenko pointed out that …
Read moreBitcoin Steady Above $58k Amid Rising Odds of Fed's 50bps Rate Cut
September 13, 2024
The probability of a 50 basis point rate cut by the Federal Reserve during its upcoming meeting on September 18 has surged dramatically from 14% to 41%, according to recent …
Read moreKraken Challenges SEC's Authority and Seeks Jury Trial Over Crypto Asset Disputes
September 13, 2024
Kraken has initiated a request for a jury trial in response to the United States Securities and Exchange Commission's (SEC) ongoing lawsuit against the crypto exchange, according to a court …
Read moreCoinbase's cbBTC Hits $100M Market Cap in One Day Amid Controversy
September 13, 2024
Coinbase’s newly launched wrapped Bitcoin product, cbBTC, has seen remarkable uptake within its first 24 hours, achieving a market capitalization nearing $100 million. According to Dune Analytics, the circulating supply …
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