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Ethereum Layer 2 Scroll Delays Finalization Following Rho Markets Breach

July 19, 2024

Ethereum's layer-2 network Scroll has delayed its chain finalization in response to a potentially exploitable bug within its ecosystem. On July 19, Rho Markets, a lending protocol operating on the …

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WazirX Loses $230 Million in Suspected DPRK Hack

July 19, 2024

In a shocking event, WazirX, a major cryptocurrency exchange, has reported a loss exceeding $230 million due to a cyberattack. The incident, which occurred yesterday, has been linked to hackers …

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Ryan Selkis Steps Down as Messari CEO Following Controversial Tweets

July 19, 2024

Ryan Selkis, a prominent figure in the cryptocurrency world and CEO of Messari, has resigned from his position following a series of controversial tweets. Selkis announced his decision to step …

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Winklevoss Twins Donate $1 Million in Bitcoin to Support Pro-Crypto Candidate Against Elizabeth Warren

July 19, 2024

Tyler and Cameron Winklevoss, the founders of the Gemini exchange, have made a significant donation of $1 million worth of Bitcoin to support the campaign of prominent pro-crypto lawyer John …

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Global IT Outage Underscores Need for Decentralized Tech Solutions

July 19, 2024

A recent widespread technical issue with CrowdStrike's centralized software has driven discussions around the importance of decentralized technological systems. On July 19, 2024, a fault in CrowdStrike's Falcon Sensor software …

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WazirX Security Breach Spurts Major Panic Sell-Off in Shiba Inu

July 19, 2024

WazirX, one of India's largest cryptocurrency exchanges, recently suffered a significant security breach that resulted in the loss of $230 million worth of assets, nearly half of its reserves. The …

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Polygon to Replace MATIC with POL Token This September

July 19, 2024

Ethereum layer-2 network Polygon has announced an upgrade from its native MATIC token to the innovative POL token, set to commence on September 4, 2023. This upgrade is part of …

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DeFi Technologies Expands Bitcoin Holdings and Adds Solana to Treasury

July 18, 2024

DeFi Technologies, a publicly traded Canadian company, is making significant strides in the crypto world by amplifying its Bitcoin (BTC) holdings and incorporating Solana (SOL) into its treasury. According to …

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BlockFi Initiates Repayments to Creditors and Interim Crypto Distributions Through Coinbase

July 18, 2024

In a significant move for its clients, BlockFi, the beleaguered cryptocurrency lender, has announced that it will begin repayments to its 100,000 creditors this month. The repayment process is a …

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WazirX Faces Major Security Breach, Halts Withdrawals

July 18, 2024

Indian crypto exchange WazirX has announced a major security breach that forced it to pause both rupee and crypto withdrawals. The security compromise affected one of the exchange's multisig wallets, …

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