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Social media app Stars Arena has recovered approximately 90% of the funds it lost after being exploited, according to an October 11 announcement from the team on X (formerly Twitter). The recovery occurred after four days of on-chain negotiations, blockchain data shows. The attacker was allowed to keep slightly more
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United States House Financial Services Committee chair Patrick McHenry has pointed a finger at the Biden administration for the lack of bipartisan agreement on a stablecoin bill.In a July 27 hearing, Rep. McHenry said the version of the Clarity for Payment Stablecoins Act, H.R. 4766, being considered for markup was
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ALSO: Graphics chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining but they now seem primed to boost the company's sales because of their usefulness in artificial intelligence technology. Source
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“The current macroeconomic situation is, in our view, conducive for increased crypto adoption,” Joe DiPasquale, CEO of crypto fund manager BitBull Capital, told CryptoX in an email. “The debt ceiling getting raised also bodes well for risk assets as market participants seek to secure wealth,” he added. Source
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Lending protocol Sentiment has managed to recover the stolen funds from the recent hack by offering the hacker a bounty worth $95,000.In an on-chain transaction on the Arbitrum blockchain, Sentiment sent a message to the hacker offering $95,000 if the hacker returned the funds by April 6, urging the hacker
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