The Super Sushi Samurai, a blockchain game built on the layer-2 solution Blast, recently fell victim to a devastating exploit just hours before the launch of its highly anticipated gaming product. The exploit, carried out by a white hat hacker, exploited a bug in the smart contract code, resulting in a staggering loss of $4.6
Crypto
After a prolonged legal battle, it seems that Do Kwon, the co-founder and former CEO of Terraform Labs, may finally be extradited to South Korea. This decision comes after a series of back-and-forths regarding his extradition, with the Appellate Court of Montenegro ultimately confirming the previous ruling to hand him over to his native country.
Bitcoin’s price has been on a wild ride recently, experiencing sharp drops and sudden increases in value. After hitting an all-time high of almost $74,000, the cryptocurrency plummeted by about $10,000 in a single day. This downward trend continued, reaching a low of under $61,000 amid speculation about the actions of the US Federal Reserve.
The official Twitter account of Trezor, a prominent hardware wallet manufacturer, recently fell victim to a severe compromise, likely orchestrated through a SIM swap attack. The breach resulted in the dissemination of fraudulent messages promoting fake token sales and wallet scams. The suspicious activities were first brought to light by ZachXBT, an anonymous individual with
The legal battle between Ripple and the United States Securities and Exchange Commission (SEC) has been ongoing since December 2020. The SEC accused Ripple of illegally raising over $1.3 billion through an unregistered securities offering by selling XRP. Ripple has consistently argued that XRP is a currency, not a security, and therefore should not be
Recently, XRP experienced a significant price spike that caught the attention of many analysts and investors. This spike, which saw the price of the token reach an all-time high of $74, was attributed to a glitch on the Atlantis Exchange platform. While some users were excited about the sudden surge, it was quickly discovered that
In a recent controversial move, a Federal High Court in Nigeria has instructed Binance, the world’s largest cryptocurrency exchange, to hand over detailed data of all local users engaging in trading on its platform to the Economic and Financial Crimes Commission (EFCC). The court’s decision came as part of the ongoing crackdown on the firm
Bitcoin, the leading cryptocurrency in the market, has been experiencing a tumultuous ride in terms of price fluctuations. The recent downfall in Bitcoin’s price has sent shockwaves throughout the entire crypto market, with significant losses across the board. From reaching an all-time high of nearly $74,000, Bitcoin has now shed roughly $10,000 in value, plunging
The NodeMonkes NFT collection, known as Bitcoin’s premier collection, has experienced an impressive surge of over 50% in the last 24 hours. This surge has propelled NodeMonkes to surpass the Bored Ape Yacht Club (BAYC) in terms of market capitalization, making it the second-largest NFT collection in the market. CoinGecko data revealed a significant 53.3%
Cardano’s development and utility have been under intense scrutiny lately, particularly regarding the Hydra project. This layer 2 scalability solution is designed to improve transaction speed, reduce costs, and enhance Cardano’s overall functionality. Despite concerns within the community, Charles Hoskinson has reassured the public that the project is still actively being developed. The co-founder emphasized
