Kraken’s Brush with Extortion: Unraveling the $3 Million Bug Bounty Drama
TL;DR Kraken suffered an extortion attempt by security researchers. An error in a UX change allowed the system to be exploited to withdraw almost $3 million.
blockchain (Latest Publications)
Morpho Debuts on Coinbase’s Layer-2 Network, Base
TL;DR Morpho Launches on Base: Morpho, known for DeFi lending and borrowing, has launched Coinbase’s layer-2 solution, Base, aiming to expand its services and establish a
The Impact of VC Funding on the Cryptocurrency Market
TL;DR The constant daily selling pressure in the crypto market is approximately $150m-$200m. Token dilution in the crypto market is comparable to inflation in the traditional
The Explosive Rise of Stablecoins: Transfers Surge 10-Fold to Over $1 Trillion Monthly in Just 4 Years
TL;DR The volume of stablecoin transfers has grown more than 16 times in the past four years, reaching a monthly record of $1.68 trillion in April
SEC Scrutiny Puts Circle’s Billion-Dollar IPO Ambitions at Risk
TL;DR SEC expresses concerns about USDC’s classification as a security. Circle’s IPO could be affected by this regulatory review. Other stablecoins like PYUSD and RLUSD are
FOX News Partners with Polygon to Launch a Layer 2 Blockchain
TL;DR Polygon Partnerships: Polygon has partnered with Fox Corporation and Ronin Network, leveraging its zero-knowledge (ZK) technology to enhance scalability and security in blockchain gaming and
SEC Halts Ethereum 2.0 Investigation Amid Election Focus, ETH Soars!
TL;DR The SEC has concluded its investigation into Ethereum, confirming that ETH sales are not securities transactions. ConsenSys celebrated the decision as a victory for developers
After Airdrop Scandal LayerZero Launches Eligibility Checker for EVM and Aptos
TL;DR LayerZero Foundation launches airdrop eligibility website for ZRO token distribution, supporting EVM and Aptos addresses, with 10 million tokens to be distributed among 1.28 million addresses
dYdX Protocol Launches Major Upgrade with Isolated Margin and New Market Integrations
TL;DR Isolated Margin: dYdX Protocol’s version 5.0.0 introduces an isolated margin, allowing traders to allocate collateral to individual trades, enhancing risk management, and protecting funds from
First-Ever Tokenized Life Insurance Policies Minted by Infineo on Provenance Blockchain
TL;DR Tokenization Milestone: Infineo has minted the first-ever tokenized life insurance policies on the Provenance Blockchain, worth $9.4 million, paving the way for secondary markets and
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