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Sonne Finance Suffers $20M Exploit, Hacker Flees


Lending protocol Sonne Finance halted operations after a hack drained $20 million in cryptocurrencies, including WETH and USDC, and flees. The post Sonne Finance Suffers $20M Exploit, Hacker Flees appeared first on Cryptonews

Ore Suspends Mining Amid Solana Congestion to Prepare for V2


Ore has temporarily halted its mining operations on the Solana network due to increased congestion, with plans to launch an optimized Version 2 of its protocol. The post Ore Suspends Mining Amid Solana Congestion to Prepare for V2 appeared first on Cryptonews

Solana Price Prediction as SOL Blockchain Goes Down – What’s Going On?


The Solana network is suffering a minor outage with the last transaction halted at 09.52 UTC, according to the block explorer. Engineers and validators are currently investigating the mainnet-beta for the source of the problem. Blockchain company and leading Solana validator Laine tweeted:...

Floki and TokenFi Staking Halted Following Hong Kong Regulatory Concerns


The Floki Inu cryptocurrency team has decided to halt its Floki and TokenFi staking programs in Hong Kong following a warning from the Securities and Futures Commission (SFC), which listed them as “suspicious investment products.” This response comes after the SFC warned users about...

Socket Protocol Loses $3.3M in Exploit, Users Urged to Revoke Approvals


Following a serious exploit in the Socket protocol that drained $3.3 million, the company has halted specific operations and urged users to revoke all approvals as a precautionary measure. Socket Responds to $3.3 Million Security Breach With Swift Action and Transparency Socket, a cross-chain...

Two South Korean Brokerages Pause Transactions of Foreign Spot Bitcoin ETFs


Source: Pixabay Two major South Korean securities firms have suspended transaction services of foreign spot Bitcoin ETFs. Following an announcement from South Korea’s Financial Services Commission, the country’s top financial watchdog, Samsung Securities and Mirae Asset Securities...

Bitstamp Delists AXS, CHZ, MANA, MATIC, NEAR, SAND and SOL for US Customers


Trading will soon be halted for several popular cryptocurrencies on the Bitstamp exchange for users in the United States. Starting August 29, 2023, the exchange will suspend trading for AXS, CHZ, MANA, MATIC, NEAR, SAND and SOL for U.S. customers, canceling all existing orders for those assets....

Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment


Adena Friedman, CEO of Nasdaq, the international securities marketplace, announced that the firm is postponing its cryptocurrency custody plans due to the United States’ “regulatory environment.” During a Q2 earnings call, Friedman disclosed that Nasdaq aimed to launch...

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