An attack was found in the Levana perpetual swap protocol on the Osmosis blockchain. Someone without authorization took over $1.1 million from Levana’s liquidity pools over the course of 13 days. The protocol lost 10% of its liquidity due to this occurrence, which was a major loss. Many factors contributed
December 28, 2023 1 min read
A significant platform vulnerability was discovered at Telcoin, a developer of mobile-focused financial applications. Peckshield, a blockchain security business, and the Telcoin Discord community forum both acknowledged that the attack caused users to have over $1.2 million stolen from their accounts. As a result of a glitch with the company’s
December 27, 2023 1 min read
Another 1 billion USDT has been “authorized but not issued,” as stated by CEO Paolo Ardoino of Tether, the firm behind the stablecoin. Whale Alert, informed on December 25 via twitter that Tether Treasury has minted one billion USDT ($1 billion). The CEO of Tether, Ardoino, then issued a public
December 26, 2023 2 mins read
According to OKX CEO Jay Hao, several people have been asking him to list new BRC-20 tokens. As a result, he has brought attention to certain requirements that must be satisfied prior to the listing being made. The CEO of OKX has said that he is grateful to his friends
December 25, 2023 2 mins read
Investors and the Nigerian economy stand to benefit from the new stablecoin, the cNGN, which is being developed and managed by a consortium of Nigerian institutions. Anonymous insiders within the project have confirmed that the cNGN token is linked to and supported by the Nigerian naira, the official currency of
December 23, 2023 2 mins read
A draft describing substantial changes to the regulation of in-game tokens within the online gaming sector was recently issued by the General Administration of Press and Publication of China (GAPP). The country’s attitude to digital currency in gaming has undergone a strategic shift with this decision. Game tokens cannot be
December 23, 2023 2 mins read
The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA), two of Hong Kong’s financial regulatory agencies, have made headlines in the cryptocurrency spot ETF market with their announcement. The SFC and the other relevant authorities have announced their intention to begin accepting applications to authorize VA
December 22, 2023 2 mins read
Worldcoin has reportedly disabled its offline orb verification feature for customers in France, India, and Brazil. The Orb, a silver sphere weighing five pounds that can scan an individual’s eyes to confirm their identity, was designed by Worldcoin to help with onboarding in areas where conventional forms of identification are
December 21, 2023 2 mins read
A deepfake video impersonating Ripple CEO Brad Garlinghouse has been uploaded on YouTube. The video uses a tried-and-true tactic used by scammers to trick XRP users into sending their tokens for a promised double. The XRP community is furious because Google has decided not to delete the video after several
December 21, 2023 1 min read
The purchase of two Bitcoin mining facilities for $178.6 million was announced by Marathon Digital Holdings. The impending halving of the Bitcoin mining payout in 2024 is a major factor in this strategic acquisition by Generate Capital, which is expected to significantly enhance Marathon’s mining capacity. The capacity of Marathon
December 20, 2023 1 min read