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LiFi Protocol Confirms Hack; Over $10 million Drained


LiFi Protocol is currently under attack, and over $10 million in crypto has already been drained. According to an X post from X LiFi, “strongly recommend to users to revoke their approvals for: 0x1231deb6f5749ef6ce6943a275a1d3e7486f4eae.” ????UPDATE????Our system has raised more suspicious...

Vitalik Buterin Warns Against Over-Investment in Instruments


Vitalik Buterin, the co-founder of Ethereum, recently spoke out about the overinvestment in the crypto space. He noted that most investors attract high-risk investments in the hope of getting high returns. They justify their investments by funding infrastructure that might not call for such risks....

Average Onchain Bitcoin Fees Drop Below $2, Lowest in Over 250 Days


Since July 1, the average transaction fee on the Bitcoin blockchain has remained below $2, with current onchain fees at 15.5 satoshis per virtual byte (sat/vB), translating to $1.54 per transfer. Bitcoin Fees Hit 10-Month Low Onchain Bitcoin fees have fallen to levels not seen since October 2023...

Ripple CEO and Legal Chief Reflect on Landmark Victory Against SEC Over XRP


Ripple’s chief executive and chief legal officer have reflected on the crypto firm’s win against the U.S. Securities and Exchange Commission (SEC) regarding XRP as the anniversary of the court ruling approached. The CEO described the ruling as a milestone for both Ripple and...

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