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KyberSwap Exploited in $46 Million Attack Due to ‘Infinite Money Glitch’


Source: AdobeStock / Roman Samokhin According to Ambient Exchange founder Doug Colkitt, KyberSwap’s $46 million hack was “the most complex and carefully engineered smart contract exploit” and confirmed that what happened was an infinite money glitch. In a detailed thread on...

Russian Bailiffs Will Get More Powers to Seize CBDC & Crypto


Source: evgris/Adobe Moscow will give Russian bailiffs more new powers to seize digital rubles and cryptoassets in bankruptcy cases. Per Comnews, the plan is the brainchild of the Ministry of Justice and the Russian Federal Bailiff Service (FSSP). The ministry wants to give bailiffs a range of...

L2 Protocol Blast Secures $230M TVL in 48hrs as Yield Concerns Arise


Source: Blast Blast, a new Ethereum Layer 2 network, has achieved an impressive Total Value Locked (TVL) of over $230 million within 48 hours of its unveiling. However, there’s a unique twist – the network does not exist yet. Blast has reached $230 Million in TVL within 48 hours. 37,131...

$BONK Price Crashes 30% From Top As Traders Back New Meme Coin $MK


The Solana blockchain’s biggest meme coin BONK! ($BONK) is seeing a big pullback from earlier weekly highs. BONK! recently hit its highest levels of the year above $0.0000055 per token, but the price has since pulled back over 30% to around $0.00004. Still, that leaves $BONK up a super impressive...

Vienna-Based Raiffeisen Bank Expands Services to Include Crypto Trading


Raiffeisen Bank. Source: Adobe / Cristi Austria’s Raiffeisen Bank is set to launch crypto trading services in 2024, joining a slew of European banks breaking into the digital asset custody business.  The 130-year-old bank announced plans for the service in April upon signing a letter of intent...

Vulnerability Disclosure Prompts InfStones to Rotate Validator Keys 


Source: Pixabay InfStones, a crucial node operator affiliated with Lido Finance, is poised to temporarily remove its Ethereum validators from the liquid staking protocol. In response to a substantial vulnerability uncovered by security researchers at dWallet Labs, the operator plans to execute...

Kraken Co-founder Says Crypto “Feels More Fair” After CZ’s Guilty Plea 


Source: Pixabay “The crypto game feels a bit more fair today,” Kraken co-founder Jesse Powell said in an X post on Wednesday. In the wake of Binance co-founder Changpeng Zhao stepping down as CEO and pleading guilty to criminal charges of money laundering, Powell held nothing back in his assessment...

Alchemy Pay Announces U.S. Expansion, Iowa Licensing


Singapore-based Crypto-fiat payment solution, Alchemy Pay, announced further expansion into the U.S. market through their acquisition of a Money Services License in Iowa on Thursday morning. Dedication to compliance “We are thrilled to announce that we have obtained a Money Services License...

Bitcoin User Unwittingly Pays $3.1 Million in Single Transaction Fee


Onchain data reveals a staggering incident where a bitcoin user inadvertently paid a fee of 83.65 BTC, amounting to a costly mistake of $3.1 million, in a single transaction. This blunder occurred in block 818,087, mined by Antpool, marking the highest fee ever recorded on the Bitcoin blockchain....

Bitcoin Sender Struck With $3.1M Transaction Fee, Largest in History


Someone paid $3.1 million in transaction fees for a bitcoin [BTC] transfer on Thursday. Bitcoin miner Antpool was rewarded for mining the block, it received the standard 6.25 BTC as well as 85.2163 BTC in fees for all transactions included in the block, on-chain data shows

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