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.
news (Latest Publications)
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
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
Magic Ramp: Revolutionizing Transfers Between Banks and Blockchain
TL;DR Harbor and Aleph Zero launch Magic Ramp to facilitate ultra-fast and cheap transfers between banks and blockchain networks. Magic Ramp integrates the magic IBAN into
New Regulations in the EU Are Already Harming Crypto Users: Uphold Delists Key Stablecoins Ahead of MiCA
TL;DR Uphold will list several stablecoins in preparation for the EU MiCA regulation. The MiCA regulation requires stablecoin issuers to obtain specific licenses. USDC could emerge
Mass Sell-Off: Nearly Half of Top zkSync Airdrop Recipients Dump Tokens, ZK Plummets
TL;DR 41% of major wallets that received ZK tokens have sold them outright. The ZK token price has fallen by 34.5% since its launch. About 30%
David Hirsch Departs SEC After Nine Years: Impact on Crypto Regulation
TL;DR David Hirsch leaves the SEC after nearly nine years as head of the Crypto and Cyber Assets Unit in the Enforcement Division. He highlights his
Major Hack on Remilia: $4.3 Million in Crypto and NFTs Stolen
TL;DR On March 16, several Remilia wallets were compromised. The hackers stole a total of 844 ETH and other assets worth 544 ETH. The funds were
Crypto Market in Red: BTC Drops Below $66K and Altcoins Plummet
TL;DR Bitcoin and other major currencies experience significant drops in value. The global capitalization of the crypto market decreases by 2.89% in the last day. Ethereum,
Pyth Network Introduces Pull Oracle on Solana, Boosting Data Reliability
TL;DR Pyth Network has launched its Solana Extraction Oracle, improving the reliability and frequency of financial data. The new system replaces Push Oracle, offering updates only
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