Summary: Crypto exchange Bitrue said the hackers picked off less than 5% of the value custodied in one of its hot wallets. The platform lost $23 million in cryptocurrencies like ETH, QNT, GALA, SHIB, HOT, and MATIC. Withdrawals are temporarily suspended until April 18 for security reasons and all affected...
Since the launch of the ERC-721 standard for non-fungible tokens in 2018, the crypto world has seen NFTs evolve in ways that would have been difficult to imagine five years ago. New use cases and capabilities are fundamentally changing the way users interact with not only the NFTs themselves, but...
Summary: The DeFi protocol recovered a bulk of the $200 million in crypto stolen in March by unidentified hackers. Euler Finance opened redemptions for recovered assets, allowing users to access crypto they had deposited in the platform. The matter is a rare ending in DeFi as hacked protocols hardly ever...
Summary: Ethereum’s native asset ETH traded around $1900 on Tuesday hours ahead of the Shapella update that developers promise will unlock staked Ether. The update scheduled for April 12 at 11 pm UTC is Ethereum’s most important technological upgrade since the Merge. Bitcoin rose above $30,000 for the first time...
Summary: The Shanghai-Capella upgrade scheduled for April 12 should unlock over $30 billion in staked ETH on Ethereum’s beacon chain. Clients are advised to upgrade their nodes ahead of Shapella’s arrival, core developer Tim Beiko said. It’s unclear if selling pressure might increase after the unlock enables withdrawals for over...
Summary: The South Korean crypto exchange suffered an exploit of its hot wallet over the weekend, per an official Monday update from the digital asset trading venue. Gdac’s statement confirmed the suspension of deposits and withdrawals after hackers stole about 23% of the platform’s custodial value, worth $13 million. The...
Summary: The project’s DAO will rework a contentious proposal to send 750 million ARB tokens to the Arbitrum Foundation after community backlash. On-chain data showed that the foundation sold 10M ARB tokens to supposedly fund pre-existing contracts and to pay for near-term operating costs. The sale sparked outrage as the...
Summary: Ethereum core developer Tim Beiko confirmed that the anticipated Shapella upgrade will happen on April 12. The Shanghai-Capella update on the mainnet will enable the withdraw function for staked ETH and unlock around 16 million stETH, developers have said. Liquid staking provider Lido Finance could unlock withdrawals later in...
Summary: Trading for Arbitrum’s hyped ARB governance token went live on Thursday, Mar.23 after the airdrop was announced last week. ARB trading kicked off across centralized crypto exchanges like BitMEX, Binance, Bitfinex, Kraken, and decentralized exchanges like Uniswap. The ARB airdrop heralds a new era for the Arbitrum ecosystem packed...
Summary: Telegram users can now send and receive USDT transactions within chats on the messaging app, CoinDesk reported citing an email from the social network giant. USDT was added to the platform’s Wallet marketplace, joining other cryptocurrencies like Bitcoin and Toncoin. The messaging app has been linked with crypto adoption...
