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Arbitrum DAO invests $222 million in gaming ecosystem growth


The Arbitrum Decentralized Autonomous Organization (DAO) has recently increased its stake in the Ethereum layer-2 gaming sector through a large investment. The DAO has agreed to invest 225 million ARB tokens, or approximately $222 million, in the development of the gaming industry over the next...

Onchain Alerts Uncover $19 Million Siphoned From Defi Protocol Uwu Lend


On June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending protocol. Over $19M Drained From Uwu Lend The defi...

Orbit Chain hacker moves $48 million online via Tornado Cash


The hacker behind the theft of $48 million from Orbit Bridge has returned to the scene with the intention of transferring the funds using Tornado Cash. Incidentally, the figure hacked has now reached the value of $121 million, having passed a substantially long period.  For those who...

Andrew Tate Burns Over $10 Million Received in Meme Coin TOPG


Known lifestyle influencer and former kickboxer Andrew Tate has burned TOPG tokens valued at over $10 million after announcing it on social media. Tate received over 580 million TOPG tokens as a donation from an unnamed party, and announced that he would burn it so “everyone else makes...

Coingecko Data Breach Affects Nearly 2 Million Users


Coingecko experienced a data breach on June 5, compromising the personal information of nearly 2 million users. The breach occurred through its third-party email platform, Getresponse. Third-Party Email Platform Breach Hits Coingecko On June 5, 2024, Coingecko detected unusual activity on...

HULK meme coin lost $15 million in market cap


The HULK meme coin lost roughly $15 million in market capital. This happened after Hulk Hogan, a WWE wrestler, first allegedly promoted the Solana-based meme token and then deleted those posts. The market cap dipped in a matter of minutes, plummeting from $17 million to $2 million. HULK’s...

‘Stand With Crypto’ Advocacy Alliance Surpasses 1 Million Supporters


The “Stand with Crypto” alliance has achieved a notable milestone, surpassing one million supporters as reported on its official website. This non-profit organization is committed to mobilizing global crypto advocates. Initiated by crypto exchange Coinbase, which promotes clearer...

Tether invests $18.75 million in XREX to enhance the online asset space


Tether has invested $18.75 million in XREX Group to improve the overall online asset space and initiate global payments with USDT. In addition, Tether plans to introduce inventive innovative regulatory technology.  For the uninitiated, Tether is known as the largest company in the online asset...

Someone Just Paid Over $1 Million For This One-Of-A-Kind Counter-Strike Skin


A skin for Counter-Strike’s ever-popular AK-47 just became the most expensive skin ever sold publicly for the game. This isn’t the first time a skin from Valve’s iconic tactical shooter has gone for a high price, but, at over a million dollars, this is easily the highest price one has netted...

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