Onyx Protocol Exploited of $2.1 Million in Recent Attack
A similar flaw was exploited against Hundred Finance in April of last year.The team confirmed the stealing and said the team had since patched the security hole.Onyx Protocol, a DeFi…
Backpack Receives Virtual Asset Service Provider License in Dubai.
Backpack Exchange supports zero-knowledge (ZK) proof-of-reserves. The Exchange will be made available to the general public in the first quarter of 2024.The cryptocurrency wallet Backpack has been granted a Virtual…
Vitalik Buterin Explores Ethereum’s Evolving Layer-2 Landscape.
On his personal blog, Buterin laid out the present state of Ethereum’s scaling ecosystem.Some layer1 projects are working to integrate more deeply into the Ethereum ecosystem.Co-founder Vitalik Buterin believes that…
Kenya’s Digital ID System All Set for Launch in December 2023.
PCitizens of Kenya will be issued permanent identity numbers along with Maisha Namba. A parliamentary committee called to halt the Worldcoin crypto project led by Sam Altman.After a few months…
The CEO of Avalanche-based Web3 Social Platform Stars Arena Steps Down.
After suffering two exploits days after its launch, Stars Arena CEO steps down from his position.Stars Arena said that the platform’s CEO Chill Pill, resigned from their position, a move…
Ex Ripple CTO has $238 million in Bitcoin (7000 BTC) on a USB and forgot the password. He only has two more tries before it shreds his private keys.
In September, a Seattle startup lab of white hat hackers sent proof to a senior writer at WIRED Magazine that they could crack the IronKey S200 thumb drive containing 7002…
US Remains Largest Crypto Market But Stablecoin Activity Shifts Away.
North America is still the world’s largest market for cryptocurrency despite the ongoing regulatory crackdown. The United States is the world’s largest cryptocurrency market, accounting for 24.4% of global transaction…
VanEck’s Strategy Advisor Foresees El Salvador as Key Financial Hub
Bukele took the step in April of doing away with all taxes on technological advancements.El Salvador may follow Singapore’s model and become a financial hub in the Americas.Strategy consultant at…
Bitcoin Whales Aggressively Accumulating.
Bitcoin whales acquire 30,000 BTC worth $1 billion in the past week, driven by increasing Bitcoin spot ETF applications.Institutional activity in BTC on the rise, with an uptick in large…
Ethereum’s Price Trading in Confined Range Eyeing Breakout
Amid the recent upsurge, the price is up 11% in the last 7 days. If the bears drive the price below $1762 level, then price will head towards $1671 level.The…