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Team Finance exploited for $14.5M during protocol migration despite contract audit
27.10.2022
Hackers appear to have spent as little as 1.76 Ether to initiate the attack vector
Crypto Firm Freeway Updates Community, Says Trading Strategy ‘Failed’ and ‘Caused a Substantial Loss’
27.10.2022
Four days ago, the crypto rewards platform Freeway.io, formally called Aubit, halted withdrawals on October 23 after citing it was protecting the firm’s portfolio from “market fluctuations and volatility.” Two days later, the team updated the community and explained on Tuesday that “one...
Crypto News Summary: Binance Launches Oracle, UvToken and Team Finance Exploited, Blockchain.com Debuts Visa Card
27.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Binance Launches Oracle, UvToken and Team Finance Exploited, Blockchain.com Debuts Visa Card
Crypto Platform Team Finance Suffers $14.5M Exploit
27.10.2022
The platform has paused all activity till the exploit has been mitigated
LBank Labs Invites Czhang to Join as Investment Group Member
26.10.2022
PRESS RELEASE. Internet City, Dubai, Oct. 26, 2022 — Crypto Investment Group, LBank Labs, welcomes new member Czhang to their investment committee team. With many successful investment cases under its belt, LBank Labs is excited to have new talent onboard and hopes to acquire more talented...
A Look at One of Crypto’s Greatest Mysteries — Bytecoin’s Alleged Premine and the Puzzling Nicolas Van Saberhagen, and Cryptonote Team
26.10.2022
When Bitcoin first launched, the community was extremely small and it slowly grew during the first two years until the project’s creator, Satoshi Nakamoto, left the community for good. During the early years encompassing the world of cryptocurrencies, a number of anonymous individuals like...
Axelar and Polygon Supernets Team Up to Provide Cross-Chain Interoperability
26.10.2022
This will allow developers to build their applications across multiple blockchains
Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit
24.10.2022
On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan exploit and following the attack, the team detailed the Quickswap Lend platform will be terminated. Quickswap Hacked for $220K, Dex Project Sunsets Lending Platform 2022 has been quite the year...
A Crypto Rewards Platform That Promised 40% APY Halts Withdrawals, Citing ‘Market Fluctuations’
24.10.2022
A crypto rewards platform called Freeway.io has notified users that it decided to reallocate capital in order to “manage exposure to future market fluctuations and volatility.” In doing so, users are unable to withdraw funds from the platform, and the Freeway team explained that amid...
Halo Devs Team Up To Make Master Chief Prosthetics For Kids With Limb Loss
19.10.2022
Halo developer 343 Industries announced on October 18 that it will expand its partnership with Limbitless Solutions, a nonprofit that creates free custom prosthetics for children with limb loss, which it initiated in 2018. In addition to its existing prosthetic collaborations, a Master Chief...
Crypto News Summary: Nuri Shuts Down, UK’s Pablo Escobar Banned from Crypto, Do Kwon Denies Seeing Arrest Warrant, Interpol’s New Team
18.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Nuri Shuts Down, UK’s Pablo Escobar Banned from Crypto, Do Kwon Denies Seeing Arrest Warrant...
Interpol Team Based in Singapore to Help Countries Combat Crypto Crime
18.10.2022
A special team established by Interpol in Singapore will assist governments around the world in the fight against crimes involving virtual assets, the international police body announced ahead of its general assembly in India. Cryptocurrency and cybercrime will be the main focus of the forum....
Ripple and Peersyst Devs Push XRP Toward Ethereum Compatibility With First Phase of an EVM Sidechain
17.10.2022
According to an announcement from Ripple’s core development team Ripplex, developers have introduced the first step toward Ethereum Virtual Machine (EVM) compatibility with the XRP-based sidechain XRPL. The XRPL is now live on Devnet and developers can “assess available...
Offchain Labs acquires Ethereum core dev team Prysmatic Labs
13.10.2022
Through the deal, Offchain Labs hopes to build a sustainable future for Ethereum, through greater communication between teams developing on both layers and direct collaborations
Arbitrum Builder Offchain Labs Acquires Prysmatic Labs, a Core Team Behind Ethereum’s Merge
12.10.2022
By acquiring the team behind Prysm, Ethereum’s most popular consensus layer client, Arbitrum is stretching its later 2 tentacles down to Ethereum’s base layer
SWIFT action: JPMorgan and Visa team on cross-border blockchain payments
12.10.2022
Visa is set to integrate its B2B connect network with JPMorgan’s suit of blockchain based cross-border payment products
Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4%
7.10.2022
On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s...
Blockchain Game Splinterlands Reveals Gamefi Platform Sold 10 Million Packs of Chaos Legion Series Cards
6.10.2022
On Wednesday, the team behind the blockchain game Splinterlands announced that it reached a new milestone after the project sold more than 10 million packs from the fantasy-themed battle game’s Chaos Legion series of cards. The achievement follows the project’s recent partnership with...
NFT Collection Veefriends Physical Collectibles to Debut at Macy’s and Toys’R’Us
5.10.2022
In recent times, non-fungible tokens (NFTs) and their physical counterparts have started to debut at well known retail stores and luxury boutiques. On October 4, the NFT project called Veefriends revealed that the team is launching its limited edition series of collectible characters exclusively...
Binance opens two new offices in Brazil as team doubles since March
4.10.2022
Binance revealed it has more than 150 employees to cover its operations in Brazil and appears to be on good standing with the local government and regulatory agencies