Altcoins

In a recent unfortunate turn of events, Lido Finance, an Ethereum staking protocol, experienced a series of slashing incidents caused by infrastructure and signer configuration issues. This article delves into the incident, highlights the impact on Lido Finance and its stakeholders, and explores the lessons learned from this unfortunate event. On October 11, at approximately
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Polygon’s native token (MATIC) recently experienced a 16.4% rally following the launch of the Polygon 2.0 Goreli testnet on Oct. 4. However, the resistance at $0.60 proved to be stronger than anticipated, leading to a 10.6% decline over the six days that followed. This decline was exacerbated by negative news regarding the departure of a
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In the world of nonfungible tokens (NFTs), scandals and controversies can often capture the attention of the community. Recently, accusations have emerged on social media linking OpenSea’s former head of ventures, Kevin Pawlak, to the infamous AnubisDAO rug pull in 2021. However, OpenSea has publicly denied any knowledge or evidence of Pawlak’s involvement in the
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The Open Network (TON), a decentralized blockchain platform initially designed by Telegram, has recently secured significant funding from MEXC Ventures, the venture arm of the cryptocurrency exchange MEXC. With this partnership, TON aims to promote global accessibility to Web3 by lowering barriers to entry. This collaboration between MEXC Ventures and the TON Foundation brings forth
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The most recent Digital Asset Fund Flows Weekly Report by CoinShares, a prominent European digital assets management firm, provides valuable insights into the current state of cryptocurrency investments. According to the report, cryptocurrency assets saw inflows for the first time in six weeks, from September 22 to 28. This development points to a potential shift
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In a recent development, an individual in China has been fined a staggering 1.06 million Yuan ($144,907) for using a virtual private network (VPN) to access restricted websites while working remotely for a foreign employer. This incident has raised concerns within China’s IT and Web3 circles, as many rely on VPNs for similar remote-work tasks.
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In a shocking turn of events, None Trading, a popular trading tool for cryptocurrencies and nonfungible tokens (NFTs), has announced its shutdown. The reason cited for this sudden closure is a “critical exploit” within the infrastructure of the platform. This exploit not only led to the loss of a substantial amount of funding but also
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