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GALA token drops 15% after $200 million security breach at Gala Games


In a significant blow to the blockchain gaming sector, Gala Games has reportedly lost over $200 million in a potential exploit, resulting in a sharp 15% decline in the value of its native token, GALA. Gala Games’ security team disclosed the incident in the early hours of May 20 after detecting...

Quantum Computing Poses Critical Threats to Blockchain Security, Warns Expert


Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems foundational to digital signatures, compromising user assets on blockchain...

XLink Partners with Kaamel Technology to Investigate $10M Security Breach


XLink has announced a partnership with cybersecurity firm Kaamel Technology, which aims to thoroughly investigate the 'root cause' of a data breach incident on May 15, involving nearly $10 million of user funds. The post XLink Partners with Kaamel Technology to Investigate $10M Security Breach...

How to bridge to zkSync


Uncover the step-by-step process of moving cryptocurrency to and from zkSync, ensuring smooth and effortless transactions

Sonne Finance suffers $20 million loss in security breach


Sonne Finance became the victim of a safety infraction which left the business with a loss amounting to the tune of $20 million. The hackers completed their misdeeds in two phases. They first targeted the USDC and WETH contracts of the company, siphoning off $3 million and in the following phase...

How DLCs Can Enable Defi Deposits and Fulfill Bitcoin’s Promise


Bitcoin embodies decentralization, security, and self-sovereignty. But today, financial transactions with Bitcoin require the use of custodians or bridges – a reliance on intermediaries that has led to disastrous losses numbering in the billions of dollars. Discreet Log Contracts (DLCs)...

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