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Tether’s worth stands at $60 million on TON blockchain


TON blockchain started hosting Tether effective April 19, 2024. The volume issued was worth approximately $35 million. Almost 2 days later, the issuance has touched the massive milestone of $60 million on the said blockchain with expectations that it would soon inch closer to the giants like...

Only1 Secures $5 Million for Solana-Based OnlyFans Clone


Only1 has raised $5 million in investment funds to build a Web3 “OnlyFans clone” adult content platform on Solana, led by Newman Group. The post Only1 Secures $5 Million for Solana-Based OnlyFans Clone appeared first on Cryptonews

Tether Integrates USDT on TON Network, Targets 900 Million Telegram Users


Tether, the stablecoin company, has launched native USDT, the largest dollar-pegged stablecoin, on The Open Network (TON). With this addition, over 900 million Telegram users can seamlessly transfer digital dollars, without having to type crypto addresses. 11 million TON will be distributed among...

93 Blocks, $71 Million in Fees: Bitcoin Mining Revenue Booms Post-Halving


Since the halving, miners have successfully extracted 93 blocks, accumulating a significant 1,087.99 bitcoins valued at approximately $71.04 million solely from transaction fees. As of 2:00 p.m. EDT on Saturday, the current metrics indicate a high-priority transaction cost of 492 satoshis...

Hedgey Finance Suffers Dual Exploits, Losing $44.7 Million in Funds


Hedgey Finance exploits have rocked the DeFi platform, resulting in a $44.7 million loss. Hackers targeted the Token Claim Contract across Ethereum and Arbitrum networks, utilizing flash loans to drain funds. Explore the aftermath, ongoing investigations, and the platform's response to these...

Mango Markets Hacker Found Guilty, Faces 20 Years in Prison: Reuters


Avraham Eisenberg, the notorious Mango Markets hacker, has been found guilty of commodities fraud, manipulation, and wire fraud in a Manhattan federal court. Eisenberg orchestrated a complex scheme to exploit the Solana-based DeFi platform, resulting in the theft of approximately $110 million.  The...

FBI, Europol Say Akira Ransomware Has Drained $42M from 250 Firms


Akira, a ransomware group, has drained $42 million from 250 firms since March 2023, said the Federal Bureau of Investigation (FBI), Europol, CISA, Europol’s European Cybercrime Centre (EC3), and the Netherlands’ National Cyber Security Centre (NCSC-NL) in a joint statement. The post FBI, Europol...

Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY


The Ethereum network reported a robust income of $365 million in the first quarter of 2024, an impressive year-on-year quarterly revenue growth rate of 155%.  The post Ethereum Sees $365 Million in Revenue in Q1, Up by 155% YoY appeared first on Cryptonews

Tribe Capital-Backed Nibiru Chain Allocates Over $15M in Developer Grants


Supported by HashKey and Kraken Ventures, Nibiru Chain's new $15 million grant program intends to offer financial resources to developers, with a focus on the Asian market. The post Tribe Capital-Backed Nibiru Chain Allocates Over $15M in Developer Grants appeared first on Cryptonews

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