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Covalent grants $2.5 million to boost Polygon ID ecosystem


Covalent, a leader in making provision for data analytics targeting Web3, has formed an exclusive partnership with Polygon ID. The deal aims to strengthen the Polygon ID ecosystem, which involves players such as issuers, authenticators, wallet suppliers, and system integrators. Added to that...

Hollywood Meets Crypto: Director Uses Netflix Funds for Risky Dogecoin Bet


Source: Boxoffice Movie Scenes / YouTube Carl Erik Rinsch, the director of “47 Ronin,” allegedly took nearly $60 million that Netflix gave him for a sci-fi series to invest in the crypto and stock markets. According to The New York Times, Netflix gave the director more than $55 million...

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...

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...

Bitcoiner Pays $3.1 Million Transaction Fee; Analysts Debate Possible Factors


Source: Pixabay / Michael Wuensch A Bitcoin (BTC) user has reportedly paid $3.1 million in transaction fees to transfer 139.42 BTC sparking vast community reactions and opinions by on-chain analysts. On-chain data on Nov 23 shows a Bitcoiner paid a shocking transfer fee of 83 BTC approximately $3.1...

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....

Trader Cashes In $12M as Blur NFT Platform Airdrops 300M Tokens to Users


A cryptocurrency trader scored big with a $12.1 million haul from Blur’s NFT token airdrop. Image by Vladimir Kazakov, Adobe Stock. The popular NFT marketplace Blur recently concluded an end-of-season airdrop, distributing 300 million reward tokens worth around $160 million to traders on...

KyberSwap loses $46 million to a hack attack


KyberSwap has asked its customers to withdraw their funds as soon as possible. The post published on X, formerly Twitter, has clearly laid that out by calling it a precautionary measure. KyberSwap is conducting the investigation, and it could take a while to resolve it. As a matter of fact,...

KyberSwap Hacked for $48 Million, Hackers Suggest Negotiations


Source: KyberSwap KyberSwap, a decentralized exchange, has been compromised in a hack resulting in the theft of $48 million, prompting the platform to advise users to withdraw their funds while the attackers hint at entering negotiations. On-chain data indicates that the hack on KyberSwap resulted...

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