The dreadful hack of July that shook the entire crypto community was WazirX’s $230 million attack. Besides this, there was a minor breach staged. On July 23, dYdX, an Ethereum decentralized exchange (DEX), encountered a DNS hijack. What actually happened? How quickly did the platform recover? Who was affected, and
Mantle Ecosystem has recently made a significant strategic investment in UXLINK, marking a pivotal moment in the continued development and expansion of both entities. This partnership promises to deliver seamless user experiences and enhanced ecosystem growth through collaborative efforts and shared goals. The alliance will leverage the strengths of Mantle’s
Jersey City Mayor Steven Fulop has announced a plan to allocate a portion of the city’s pension fund to Bitcoin exchange-traded funds (ETFs). This move revealed in a social media post on July 25, signals a significant shift in the city’s financial strategy for including cryptocurrencies. Currently, the Jersey City
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, revealed today that it has risen to second place in the derivatives market, according to the most recent CoinMarketCap data, cementing its position as the world’s second-largest crypto exchange by trading volume. This noteworthy accomplishment highlights Bybit’s dedication to provide its
The early July correction in the cryptocurrency market is being perceived as a temporary pullback, allowing the bullish momentum to recharge before the next leg up. However, meme coins, known for their rapid price movements, are experiencing a significant surge in selling pressure as the broader market undergoes a correction.
The Tanssi appchain infrastructure protocol has announced a substantial cooperation with Grupo Flow, one of Brazil’s largest media ecosystems, which has over 23 million customers across numerous platforms. This partnership marks a significant turning point as Grupo Flow enters the blockchain world with Flow Chain. Tanssi will help to make this
HBSS Connect Corp., the owner of community-driven transportation platform QRyde, has announced the acquisition of Israeli blockchain specialist Colu. The deal will aid QRyde in its efforts to create a blockchain-based transportation system for more efficient municipal government spending. HBSS Connect is a developer of public transit, paratransit, NEMT, and
Prominent gaming blockchain Oasys has officially announced the beta launch of Oasys Spring, a cutting-edge smart contract deployment tool intended to revolutionize the development of decentralized applications (dApps) within its ecosystem. The GUI-based tool is a big step in using AI scanning to create a more developer-friendly and accessible environment. Oasys has
WazirX founder Nischal Shetty has planned the recovery of the stolen assets. He revealed the initial details of the stolen crypto funds and clarified that no security breach occurred before July 18, as misinformation was out about WazirX, and that a few wallets hacked, eight days before the hack. Nischal
XRP is currently exiting the downward correction and holding steady above the $0.60 zone as market participants eagerly await a pivotal meeting between Ripple and the U.S. Securities and Exchange Commission (SEC). The cryptocurrency experienced a notable ascent over the past week, forming a bullish ascending triangle pattern and peaking
