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Orbit Suspends Cross-Chain Bridge Contract After $82M Exploit: Beosin


Source: Pixabay Just hours before welcoming the new year, hackers exploited Orbit Bridge, the cross-chain bridging service of Orbit Chain, making off with a staggering $82 million. The project soon suspended the cross-chain bridge contract and initiated on-chain negotiations with the attackers,...

Bankruptcy Judge Greenlights Celsius Shift to Bitcoin Mining


The now-defunct crypto lender Celsius has received authorization to pivot to bitcoin mining, following approval from U.S. District Judge Martin Glenn of Manhattan for the firm’s revised strategy. This move comes after the company’s initial proposal encountered obstacles from the U.S....

Chinese Chess Champ Stripped Of Title After Taking A Dump In A Bathtub


When you accomplish something big, like winning a major tournament, how do you celebrate? Maybe you jump around in excitement, salty rivulets streaming down your face in a rush of emotions. Maybe you pop a bottle of champagne and spray it around like an NFL player after the Super Bowl. Or,...

Bitcoin (BTC) consolidation boosts Everlodge (ELDG) and Injective (INJ)


Bitcoin’s recent bull run took the crypto market by storm. Hundreds of projects surged in value, and Bitcoin hit its highest price in 2023. Now, a recent consolidation has driven up the price of Injective and Everlodge, with Everlodge hitting a new all-time high after stage seven of its presale...

ETH targets $2,550 after a bullish breakout


Head and shoulder formation is ideally associated with bearish trends. However, an inverse of that shape brings out bullish sentiments—at least when it comes to crypto. ETH has demonstrated inverse head and shoulder formation, igniting a sense of higher achievements in the days to come. It...

Yeti Finance will be winding down after TVL and revenue decline


Yeti Finance recently announced that it will be shutting down operations. The official announcement came on Yeti Finance’s X/Twitter channel. The primary reason behind the decision is a severe drop in TVL and revenue. In addition, Yeti Finance stated that the crypto circle had been shaky for...

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