Cross-chain platform AllBridge Core shut down its operations following a security issue that resulted in the loss of $1.65 million on Sunday. The hack specifically occurred within the AllBridge Core deployment on the Solana blockchain. The attacker transferred the funds stolen via the bridge from Solana to the Ethereum blockchain.
July 20, 2026 2 mins read
The remains of the defunct crypto exchange FTX will be initiating yet another massive distribution of funds this month. The bankruptcy estate will start the distribution of approximately $900 million to eligible global creditors from July 31, 2026. This very important step comes at the end of a highly organized
July 18, 2026 2 mins read
On July 17, 2026, the digital asset management firm Grayscale filed a full prospectus supplement. The firm is making changes in the operation of its key financial product. An amended version of the trust agreement for Grayscale Solana Staking ETF (GSOL) has been created. This major change introduces a compulsory
July 18, 2026 2 mins read
Blockchain scaling network MegaETH recently shut down its flagship Mega Mafia incubator program. The team made this tough decision after two years of operations. During this period, the program supported twenty early-stage startup teams. These incubated companies collectively raised eighty million dollars from prominent venture capital firms. After spending the
July 17, 2026 2 mins read
British fraudsters Anthony Ikenwe, Kevin Nwamma, and Hamza Bashir breached the blockchain security measures using human vulnerability. According to The National News, criminals impersonated the identity of police officers to scam eight victims of over £4 million in crypto. Through cold-calling of their victims, these fraudsters convinced them about an
July 17, 2026 2 mins read
Fintech companies have taken an awestruck look at the world of digital assets. Recently, the CEO of Tether, Paolo Ardoino, announced some remarkable figures about the user base of the firm. Currently, USDT is seeing more than 30 million new wallets getting added every quarter. In the third quarter of
July 17, 2026 2 mins read
Blockchain technology continues to grow outside the realms of the financial markets. As leading companies look into ways to resolve their problems within the complex global supply chain system. Specifically, Volvo Group announced trials using its own cryptocurrency aimed at easing the process of payments and coordinating activities. Information management,
July 16, 2026 2 mins read
This week, the topic of crypto security became a relevant one because of blockchain researcher ZachXBT’s remarks on the reliability of hardware wallets in relation to self-custody of funds. In fact, his views were in contrast to the current practices and drew attention to the issue of crypto wallets’ protection
July 16, 2026 2 mins read
Prediction markets keep drawing more traders from around the world. The new studies by scholars have revealed that there might be specific contractual designs. These would inadvertently favour such strategic behaviour of market participants. Scholars from Stanford University and Singapore Management University studied five-minute Bitcoin prediction contracts traded on Polymarket.
July 16, 2026 2 mins read
The rise of derivatives in the Indian cryptocurrency market is due to people’s desire to take advantage of the discrepancy and futures tax rates. The reason for this change is the result of the taxation policy applied to cryptocurrency transactions due to the 2022 Union Budget of India. People involved
July 15, 2026 2 mins read