Cryptocurrency Analysis and News Portal
The past few days may have weakened the image of Solana (SOL). High levels of network congestion brought a new outage to the network and SOL fell the hardest amongst the top 20 cryptocurrencies amidst the market crash. Here’s What Happened Last week, it was reported that Solana’s network was clogged, resulting
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The latest in the industry is the hacking of Lympo, a sports NFT platform and a subsidiary of Animoca Brands. Through hot wallet hacking, the platform just lost about 165.2 million LMT tokens, equivalent to $18.7 million during the time of this hack. Cryptocurrency hacking, though not frequently experienced, remains of
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The Ethereum layer-two network Arbitrum has suffered its second outage in less than five months following a hardware failure.Arbitrum is back online at the time of writing but the team did report some downtime during the late hours of Jan. 9. The timing of the tweets suggests that the network
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This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Limping out of 2021Last week we thought we had hit rock bottom for Chinese exchanges, as Bitmart was on
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Vulcan Forged, a gaming and NFT platform, suffered a security breach that allowed attackers to gain control of some cryptocurrency wallets of the service. The hackers got hold of 96 user wallets and managed to steal more than 4.5 million PYR, the native token of the project, among other assets.
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The Twitter account of India Prime Minister Narendra Modi was briefly hacked early Sunday morning local time, the second such attack on an account linked to the PM in little over a year. While the account was restored quickly, the hacker had enough time to tweet, falsely, that India had
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The global cryptocurrency market valuation has rebounded a great deal since the initial downturn after 12:00 a.m. EST on December 4, and on Sunday, the crypto economy is down 1.4% during the last 24 hours. Meanwhile the meme token market capitalization today is $47.2 billion down 12.6% during the last
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The BadgerDAO decentralized finance protocol appears to have suffered from a cyber attack leading to the loss of a reported $10 million at the time of writing. The attack, which was made public at about 2 a.m. UTC on Dec. 2, targeted the protocol on the Ethereum network at contract address
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A decentralized finance (DeFi) mainstay is the latest to fall victim to a hack, with $10 million in various cryptocurrencies being stolen from the BadgerDAO yield vault protocol.Users first reported possible problems in the protocol’s Discord at 9 pm EST Wednesday night.Current speculation in community channels is that the hack
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DeFi lender bZx suffered a hack for a reported $55 million, according to a tweet on Friday by the blockchain security firm SlowMist. “#bZx private key compromised, over $55 million dollars stolen so far. We’ll continue to update as more information is discovered,” SlowMist tweeted. bZx responded in a tweet
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