DeFi Hack: Euler Loses $197M in Biggest Attack of 2023
• The DeFi ecosystem was hit with a flash loan attack on crypto lending platform Euler Finance resulting in a net loss of over $196 […]
Read moreStablecoins Depeg: Causes, Mechanisms & Risks Explained
• Stablecoins are cryptocurrencies designed to have a stable value relative to a specific asset. • USDC issuer Circle announced that USDC had depegged from […]
Read moreSingapore Police Launch Probe Into Terraform Labs Co-Founder
• Singaporean authorities have launched an investigation into Terraform Labs co-founder Do Kwon. • The US Securities and Exchange Commission (SEC) has accused Kwon and […]
Read moreSolana CEO Dispels Claims Network Outages Caused by On-Chain Voting
• Solana Labs founder and CEO Anatoly Yakovenko has denied claims that Solana’s network outages were caused by its on-chain voting system. • Twitter user […]
Read moreConsenSys Bolsters Web3 Notifications with Hal Acquisition
• ConsenSys acquires Hal, a no-code blockchain development tooling platform, to improve web3 notifications. • Infura will integrate Hal’s configurable webhooks into its developer stack. […]
Read moreBNB Token at Risk of Slipping Further in March: 3 Reasons Why
• BNB (BNB) recently recorded its worst daily performance since November 2022, falling 8.5% to below $285. • The ongoing decline in BNB’s price came […]
Read moreKraken Crypto Exchange Facing SEC Probe Over Possible Securities Violations
• The US Securities and Exchange Commission (SEC) is reportedly probing crypto exchange Kraken for potential securities violations. • The probe focuses on certain offerings […]
Read moreFCA Rejects 85% of Crypto Firm Applications: Details Inside
• The UK Financial Conduct Authority (FCA) has only approved 15% of the 300 crypto firm registration applications it has received. • The FCA provided […]
Read moreFTX Reviving Crypto Exchange: Will Users Feel Safe to Return?
• FTX is considering rebooting its crypto exchange after months of concerns over criminal misconduct by top executives. • Crypto industry observers have questioned whether […]
Read moreCrypto Market on the Rebound: Bitcoin, Ether, and Altcoins Showing Signs of Recovery
• Bitcoin and select altcoins have risen above stiff overhead resistance levels, signaling that the bottoming process may have begun. • Glassnode data suggests that […]
Read moreUS Attorney’s Office Creates Online Notice to Inform Victims of FTX Case
• US authorities have created a page on their website to notify FTX’s alleged victims about the SBF case. • The government proposed an online […]
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