Several transactions draining $81.5 million from the protocol occurred during the end of 2023 on the cross-chain bridge Orbit Chain, which has significant links to the Klaytn ecosystem. The assets were left undisturbed after the attack until Saturday, when the hacker or group started transferring around $48 million to Tornado
Amid a surging DeFi market, the Aave protocol is facing a significant uptick in high-risk loans, raising alarms among investors and analysts alike. According to a recent report by data analytics firm IntoTheBlock, the volume of these risky loans on Aave is nearing critical levels, with collateral values perilously close
Just days after surpassing Optimism’s OP Mainnet, the total value locked (TVL) on Ethereum’s layer-2 network Base topped $8 billion. According to L2Beat’s statistics as of June 10th, its TVL is $8.05 billion. This includes $5.92 billion in natively minted assets and $2.14 billion in canonically bridged value, which are
The Ethereum rollup-based layer-2 network Arbitrum’s development team, the Arbitrum Foundation, has pledged a large portion of its resources to fostering the gaming industry’s growth inside its ecosystem. The proposition allocates 225 million Arbitrum (ARB) tokens, with a market value of around $215 million, to be dispersed over a period
A data breach occurred at GetResponse, a third-party email management platform, according to cryptocurrency data aggregator CoinGecko. Attackers were able to access the contact details of more than 1.9 million CoinGecko users after a data breach at GetResponse occurred on June 5. This news comes after yesterday’s revelations of a
The zkSync Era’s most recent software upgrade, v24, has been released on the mainnet without a hitch. The Ethereum Layer 2 scaling solution’s security and functionality are both aimed at being enhanced by the addition of new capabilities brought about by this upgrade. One of the greatest accomplishments of the
Pioneering native multi-chain technology, dWallet Network is excited to extend its technology to Aptos, a top-performing Layer-1 blockchain. Through this integration, the DeFi and gaming ecosystems on Aptos will be able to use Zero Trust Protocols (ZTPs) with native multi-chain interoperability. ZTPs built on Aptos will be able to effortlessly sign transactions
The cryptocurrency market is currently in a consolidation phase, with Bitcoin trading at $71,377, experiencing a modest 0.77% price surge, while Ethereum has seen a 0.69% decrease, bringing its value to $3,824. This period of market stability is marked by the absence of significant gains among the top 50 coins
On the fringes of EDCON Tokyo 2024, the world-renowned Ethereum development conference dedicated to supporting the Ethereum ecosystem & improving Ethereum community interaction globally, INTMAX, a Fam Sponsor at EDCON Tokyo and a cutting-edge Layer 2 zkRollup with stateless architecture, is thrilled to announce the Tokyo PlasmaCon event. On July 31,
The AI platform SingularityNET and Trace Labs, the core development team of OriginTrail, a specialist in AI data integrity and a parachain on Polkadot, have announced a strategic cooperation. The parties to the agreement will collaborate to develop the Internet of Knowledge, which drives AI data analysis. SingularityNET and OriginTrail, two of
