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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...

A DeSci Platform Tackles Inefficiencies of Scientific Publishing


The blockchain is poised to replace the traditional gatekeepers who financially benefit from the scientific community’s hard work and findings, leading to a more equitable distribution of resources and the decentralization of science. The post A DeSci Platform Tackles Inefficiencies of Scientific...

White Hat Hacker Team SEAL Launches Threat-Sharing Platform for Crypto


The Security Alliance (SEAL), a white-hat hacker collective, introduces SEAL ISAC – a platform designed to bolster crypto security through collaborative threat intelligence sharing. SEAL ISAC offers resources, facilitates expert connections, and empowers the crypto community to combat cyberattacks....

$BONK is presently positioned live on the BiGo platform


BitGo divulges that $BONK, a community token in the Solana ecosystem, is presently accessible for custody. $BONK, nicknamed The Dog Coin of the People, was introduced as a free airdrop targeting the Solana community on the 25th of December, 2022. Presently, $BONK takes credit for having more than...

Privacy Protocol Railgun Denies Any Link to Lazarus Group


The EVM privacy protocol Railgun refutes claims linking North Korea's Lazarus Group to its platform, citing Private Proofs of Innocence system that blocks sanctioned users. The post Privacy Protocol Railgun Denies Any Link to Lazarus Group appeared first on Cryptonews

Tether Announces Upcoming Release Of Multi-Chain Tokenization Platform


Tether is preparing the release of an in-house developed tokenization solution. Paolo Ardoino, CEO of Tether, announced on social media that the company is on the verge of releasing a white-label, multichain tokenization platform available for everyone. Ardoino explained that this platform would...

VeChain Teams Up with UFC to Tokenize Fighter Gloves, Community Reacts


Blockchain platform VeChain has announced its partnership with the Ultimate Fighting Championship (UFC) to tokenize fighter gloves and track their identities using the VeChainThor network.  The post VeChain Teams Up with UFC to Tokenize Fighter Gloves, Community Reacts appeared first on Cryptonews

Dfinity Foundation Launches Onchain Accelerator Platform


The Swiss-based not-for-profit organization the Dfinity Foundation has launched “a decentralized, onchain global acceleration platform.” The new accelerator will initially be funded by a $15 million grant from Dfinity and the ICP Asia Alliance. Fostering the Development of the Asian...

Animoca Brands Japan to launch NFT platform this summer


Animoca Brands Japan has taken a huge step forward with the announcement of NFT Launchpad, which has been scheduled to be open for applications this summer (2024). This initiative was made by them with the hope of becoming a crucial Web3 gateway that connects Japan with the market worldwide. This...

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