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Proactive Detection by Certik Saves Wormhole Bridge From Potential $5 Million Hack
14.5.2024
Certik, a security firm, prevented a potentially disastrous $5 million exploit in the Wormhole cross-chain bridge by identifying a critical bug, showcasing the importance of proactive security practices and the benefits of open-source software in enhancing Web3 security standards. Wormhole,...
Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole
14.5.2024
Security firm CertiK said it has detected a flaw in the cross-chain bridge Wormhole which could have resulted in $5 million worth of losses.
The post Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole appeared first on Cryptonews
CertiK discovered $5M security flaw in Wormhole bridge on Aptos
13.5.2024
A flaw in the bridge could have allowed an attacker to produce fake token transfers, but it was discovered and patched before anyone could take advantage of it
Here’s the 6 biggest crypto VC deals in Q1 2024 and late 2023
25.4.2024
The volume of crypto VC funding in Q1 2024 surged for the first time since the start of the crypto winter in 2022
Is Wormhole About to Crash? W Price Drops 18% as Whale Money Shifts to Slothana
5.4.2024
Wormhole’s W token is down 18% in the last 24 hours, barely two days after listing on Binance, according to data by CoinGecko. The losses come amidst a broader market pullback that has shaved 2.2% off the price of Ethereum (ETH), the world’s second-largest cryptocurrency by market...
Hacker Behind $320 Million Wormhole Bridge Exploit Initially Eligible for $50,000 Airdrop
4.4.2024
The hacker responsible for the notorious $320 million Wormhole bridge exploit in 2022 was initially eligible for the recent W airdrop.
The post Hacker Behind $320 Million Wormhole Bridge Exploit Initially Eligible for $50,000 Airdrop appeared first on Cryptonews
Wormhole’s W Token Is Paying Out 999% a Week on Solana Protocol Kamino
4.4.2024
The Solana DeFi application Kamino is offering a weekly yield of more than 999%, paid out in W and JTO tokens
W Token’s Rollercoaster Day: From $1.25 Low to $1.66 All-Time High
3.4.2024
Following Ethena’s ENA airdrop, the community has shifted its focus on Wormhole’s airdrop W, which has been listed on various centralized exchange platforms and coin market cap aggregators. The new token known as W has seen an extremely volatile day with the price tapping an all-time high at $1.66...
The Protocol: Using the Money Printer
3.4.2024
If you have the money printer – as is the case for many of the blockchain projects with the power to create their own digital tokens – why wouldn't you use it? PLUS: Vitalik Buterin riffs on meme coin and Ethereum's new "blob market."
Wormhole Debuts at $3B Valuation in 617M Token Airdrop
3.4.2024
Cross-chain bridge Wormhole initiated an airdrop that will see early users rewarded with 617 million of its newly issued governance token, W
Get Ready: Wormhole’s Token Airdrop Opens Today for Claiming
3.4.2024
Interoperability platform Wormhole is set to launch its highly anticipated token airdrop at 7:30 a.m. ET on April 3, 2024.
The post Get Ready: Wormhole’s Token Airdrop Opens Today for Claiming appeared first on Cryptonews
Navigating the Wormhole Airdrop: Defi’s Next Big Token Drop Explained
7.3.2024
Wormhole, a platform fostering blockchain interoperability within decentralized finance (defi), has unveiled plans for an airdrop of its proprietary token, W. The initiative is part of the protocol’s broader aim toward progressive decentralization, rewarding dedicated users and developers...
Native Token Transfers Are the Next Evolution of Interoperability
6.3.2024
Wrapped assets introduced a wave of DeFi innovation that cross-chain protocols are looking to take forward
Wormhole to Airdrop 617M W Tokens to Past Users
6.3.2024
The token bridging service confirmed it will release a W token in crypto's latest airdrop
Wormhole’s W Token Pre-Market Surge Indicates Massive Airdrop Worth Almost $3 Billion
5.3.2024
Wormhole might just be gearing up for one of the biggest airdrops in history. Wormhole is currently trading at around $2.5 in pre-market over the counter (OTC) trades. According to the protocol’s tokenomics paper, there are 1.1 billion W tokens available for immediate trading on listing....
Wormhole and AMD Forge Alliance to Revolutionize Blockchain Interoperability
21.2.2024
On Wednesday, the blockchain interoperability platform Wormhole revealed it is collaborating with the American multinational semiconductor company AMD (Advanced Micro Devices). Wormhole plans to utilize AMD’s Field Programmable Gate Array (FPGA) technology in order to bolster cross-chain...
AMD Collaborates With Wormhole Ecosystem to Enhance Blockchain Interoperability with Hardware Accelerators
21.2.2024
The interoperability platform Wormhole announced a collaboration with Advanced Micro Devices (AMD) to integrate AMD's FPGA hardware accelerators into the Wormhole ecosystem to boost blockchain interoperability while ensuring a seamless user experience for the Web3 ecosystem.
The post...
Blockchain Messaging Platform Wormhole Raises $225M at $2.5B Valuation
29.11.2023
Wormhole, which was recently separated from parent Jump Trading Group after it scaled back its crypto operations, is a developer platform which allows different blockchain networks to communicate with each other
Wormhole raises $225M at $2.5B valuation
29.11.2023
The protocol reached a total value locked of $3.8 billion at its peak
Report: Jump Trading Cuts Ties With Wormhole Amid Staff Reductions
19.11.2023
Based on a recent report, Jump Trading Group, known for its focus on algorithmic and high-frequency trading techniques, has reportedly severed ties with the Wormhole crypto initiative, known for its cross-chain communication services. Last year saw Wormhole suffer a significant loss of 120,000...