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Today in Crypto: Trezor and The Sandbox Issue Security Warnings, Cronos Launches a New DEX, Three Japanese Banks Set to Test Stablecoins on Japan Open Chain
2.3.2023
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: Today in Crypto: Trezor and The Sandbox Issue Security Warnings, Cronos Launches a New DEX, Three Japanese Banks Set...
Xmon Tokens Fall 80% After End of SudoSwap Lock Drop Program
2.3.2023
Traders initially bid up prices of Xmon to get an airdrop of sudo, the governance tokens of SudoSwap
Arbitrum DEX ArbiSwap Rug Pulls Users for Over $100K
2.3.2023
The relatively new trading service picked up hype among crypto traders in the past few weeks
IOST Network's Token Surges Over 8% on Deal With Amazon Web Services
2.3.2023
IOST, the native token of the IOST Network, has surged by 8.65% after the company announced a strategic partnership with Amazon Web Services (AWS) on the development of web3 technologies
The Bitcoin Market’s Return to Profitability in 2023 is a Massive BTC Bull Signal, Widely Followed On-chain Indicator Suggests
2.3.2023
Bitcoin’s ferocious January price rally launched much of the market back into profitability for the first-time months. The Bitcoin market’s return to profitability is seen in the resurgence in the price, last at around $23,500, above the so-called “Realized Price”, which is the average BTC price...
Zimbabwean Blockchain Startups Launch Service to Help Migrants Efficiently Move Funds Across Borders
1.3.2023
Two Zimbabwean startups, Flexid and Uhuru Wallet, recently launched a platform that offers digital identity and remittance services to migrants living and working in South Africa. The two startups hailed what they’ve described as the “first cross-chain collaboration between the...
Solana’s Spam Problems Persist Despite Tech Improvements, MEV Researchers Say
28.2.2023
Arbitrageurs are eating up precious blockspace with pointless transactions, according to Jito Labs
Algorand Wallet MyAlgo Struck by $9.6M Exploit
28.2.2023
MyAlgo, a wallet for blockchain protocol Algorand, has advised users to withdraw funds it was struck by an exploit last week
Arbitrum-Based FactorDAO Releases Staking Service Amid Code Controversy
28.2.2023
FCTR tokens fell to as low as 44 cents in the initial hours after a Camelot DEX sale and have since seen high volatility
Solana Developers Say Reason For Network Outage Still Unclear
28.2.2023
The Solana blockchain was stuck for more than one day over the weekend, recovering only after validators restarted the network
Solana CEO hoses down claims network outages caused by on-chain voting
28.2.2023
Solana Labs founder and CEO Anatoly Yakovenko said claims that Solana's network outages were caused by on-chain voting were born out of "pure ignorance."
Axelar Introduces Virtual Machine for Developers Building Cross-Chain Crypto Apps
27.2.2023
Axelar describes its new VM as Kubernetes for Web3
BIT Token Surges to Weekly High Following $200M BitDAO Ecosystem Fund Proposal
27.2.2023
BIT jumped 5% over the weekend, outperforming both ETH and BTC, following the proposal from layer 2 network, Mantle
$700,000 drained from BNB Chain-based DeFi protocol LaunchZone
27.2.2023
BNB Chain-based DeFi protocol LaunchZone claims an exploit led to $700,000 of funds being drained from its liquidity pool, with its native token plunging in value
Shiba Inu Investor Transfers Tokens to Exchanges, Possibly Foreshadowing Price Drop
27.2.2023
The shiba inu price slid 7% the last time the holder transferred the token to an exchange, data shows
Start of the End? Testnet Goerli Ether Spikes to $1.60 as Traders Jump on Opportunity Meant for Developers
27.2.2023
LayerZero offered developers a way to get their hands on intrinsically worthless gETH tokens for testing purposes – but traders jumped on that opportunity, leading to an uncannily high-valued market
Uniswap DAO debate shows devs still struggle to secure cross-chain bridges
26.2.2023
Developers face tradeoffs between making bridges upgradeable to fix bugs versus making them decentralized
Voyager is selling crypto assets through Coinbase, suggests on-chain data
26.2.2023
Since Feb. 14, Voyager has sent crypto assets to Coinbase on an almost daily basis, alleges on-chain analyst Lookonchain
Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark
25.2.2023
The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has fallen by 2.24% over the last 24 hours. During that...
Israeli Startup Chain Reaction Raises $70 Million to Build Blockchain Silicon
25.2.2023
Chain Reaction, a Tel Aviv-based blockchain startup, announced it has raised $70 million as part of its Series C funding round. The objective of the company is to expand its engineering staff to accelerate the production of its blockchain-focused silicon and collaborate in the development of...