Major loss avoided for Polkadot: the $200 million critical bug
Danger averted for Polkadot, the flagship project of the Web3 Foundation, co-founded by Gavin Wood, one of the original co-founders of Ethereum and former CTO of the Ethereum Foundation. Immunefi researcher known as Pwning.eth, reportedly recently helped three Polkadot parachains to avoid a potential attack. Indeed, he discovered a critical vulnerability on the networks in […]
In 2022, the cryptocurrency industry lost $3.9 billion
A study conducted by Immunefi reveals that crypto users lost $3.9 billion in 2022, mainly due to hacker attacks in DeFi. According to a recently released report by Immunefi, a bug bounty platform and security services for the Web3 ecosystem, the cryptocurrency industry reportedly lost a total of $3.9 billion last year. The main cause […]
XRP – Relisted on BITMART
At the end of the 2020, many crypto exchanges (especially US) delisted XRP, following the announcement from the U.S. Securities and Exchange Commission (SEC) that it intended to sue Ripple Labs for allegedly selling XRP as unregistered securities. Coinbase was one of the most famous exchanges that delisted XRP following this announcement. Yesterday BitMart, a […]
NFT Influencer Falls Victim To Cyber Attack And Loses Over $300,000 In CryptoPunks
On Jan. 4, CryptoNovo, a non-fungible token (NFT) influencer, announced that it was the victim of a cyber-attack and lost two CryptoPunks. On Twitter he wrote: “I just got hacked!!! Are you kidding me?!” and included a screenshot from OpenSea showing two CryptoPunks transferred to another address. The two CryptoPunks were immediately sold, one for […]
Hong Kong authorities are working on the central bank-issued digital currency (CDBC)
A member of the Legislative Council of the Hong Kong Special Administrative Region, Wu Jiezhuang, believes that transforming the Hong Kong digital dollar (e-HKD) into a stablecoin would offer several benefits, especially for the adoption of advanced technologies, such as Web3. The option to develop the Hong Kong digital dollar as a stablecoin would have […]
SEC Files Objection to Binance.US Acquisition of Voyager Digital
Before approving the acquisition, the SEC is requesting more information on the $1.022 billion deal between the US arm of Binance and Voyager Digital. The U.S. Securities and Exchange Commission (SEC) has filed a “limited objection” to Binance.US’ proposed $1 billion acquisition of crypto lender Voyager Digital, citing a lack of “necessary information.” The limited […]