Wollito UAB

A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia’s Ethereum and Optimism vaults.

DeFi protocol Arcadia Finance hacked on Ethereum and Optimism for $455K

A hacker drained approximately $455,000 from noncustodial decentralized finance (DeFi) protocol Arcadia Finance by exploiting a code vulnerability. Blockchain investigator Pe...

1 year ago

Bitcoin network hash rates have surged to new record highs over the weekend

Bitcoin Hash Rate Rips to Record High as Pressure on Miners Increases

The Bitcoin 7-day and 3-day average hash rate increased to all-time highs over the weekend, according to Hash Rate Index. Bitcoin Miners Facing Pr...

1 year ago

The layer 2 network will utilize bone, treat, shib and leash tokens for applications built on the blockchain.

Shiba Inu-Based Shibarium Blockchain Expected to Go Live in August

The much-awaited layer 2 blockchain Shibarium is expected to go live after a Toronto conference in August, developer Shytoshi Kusama said in a Thursday blog. Layer 2 refers to a s...

1 year ago

A hacker posted false information about an airdrop after compromising the Twitter accounts of Aptos Network and its CEO

Multichain Fantom Bridge Exploited and Drained of $126M, Aptos Twitter Account Hacked

Bad actors hacked the Twitter accounts of Aptos Network and its CEO Mo Shaikh on July 7, posting information about a fraudulent airdrop. The attacker posted a typical phishing post, providing a ...

1 year ago

Recent reports regarding Taylor Swift’s involvement with FTX have generated a wave of speculation

Rumors of Taylor Swift Dodging the FTX Bullet Have Been Greatly Exaggerated

Industry sources tell papers that former FTX chief Bankman-Fried abandoned the reported $100 million deal. Swift’s Involvement With FTX Spon...

1 year ago

The Association for Financial Markets in Europe warns against the exclusion of DeFi from the European Union’s MiCA regulation

European trade body warns against excluding DeFi from MiCA regulation

The Association for Financial Markets in Europe has urged regulators not to exclude DeFi from its MiCA regulatory framework. "We believe it is crucial to avoid the potential exclu...

1 year ago

BeInCrypto looks at five altcoins that increased the most in this week’s crypto market, specifically from June 30 to July 7

5 Altcoins That Outpaced the Crypto Market With Sizeable Gains This Week

The term altcoin refers to cryptocurrencies other than Bitcoin (BTC). These bullish altcoins have stolen the crypto news and cryptocurrency market spotlight this week as the biggest gainers:...

1 year ago

BTC loses $30,000 peg

Bitcoin loses US$30,000 peg, Ether falls as risk-off sentiment spreads to cryptocurrencies

Bitcoin fell below the US$30,000 support line in Friday morning trading in Asia as traders took profits amid worries about interest rate hikes in U.S. markets that drove investors into so-called...

1 year ago

NFT Royalties Reaches Lows

NFT Royalties on Ethereum Reaches Lows of Two Years

Royalties earned by non-fungible token (NFT) projects have fallen to their lowest level in two years, according to a report by blockchain analytics firm Nansen. The drop in NFT royalti...

1 year ago

Binance Executives Exit as the Regulatory

Binance Executives Exit as the Regulatory Heat on the Largest Crypto Exchange Intensifies

Changpeng ‘CZ’ Zhao said “we continue to BUILD, and continue to hire” in a tweet on Friday after Binance’s chief strategy officer, general counsel and a compliance ...

1 year ago