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Sui-based DEX Cetus offered the hacker a $6 million white hat bounty offer as the protocols are trying to recover the stolen $220 million, with $162 million remaining frozen. Cetus is offering a $6 million white hat bounty in an effort to recover $220 million in stolen digital assets, while emergency responses from the Sui…
Learn what innovations Sonic has over Fantom and what makes it appealing for DeFi enthusiasts. Fantom was one of the pioneers of the directed acyclic graph (DAG) design for distributed ledgers. It featured fast finality and transaction fees of a fraction of a cent. However, Fantom relied on the Ethereum-derived account storage model and the…
Coinbase’s total revenue fell to $2 billion in Q1 as trading volumes across the market slowed, with net income falling dramatically as crypto prices slumped. Crypto exchange Coinbase’s total revenue fell 10% quarter-over-quarter to $2 billion in Q1, missing industry estimates by 4.1% as trading activity slowed across the market. Coinbase’s net income was sliced…
The change will remove a limit on the amount of arbitrary data that can be added to Bitcoin transactions. Bitcoin Core developers have decided to remove a limit on transaction data in the next network upgrade, enabling more data to be included in a more efficient way. “Bitcoin Core’s next release will, by default, relay…
Restaking promised to supercharge Ethereum’s ecosystem, but mounting risks and UX woes threaten to fracture the network further. bApps are the answer and can unify the fragmented ecosystem. Opinion by: Alon Muroch, founder of SSV Labs Even though Ethereum remains a leader in terms of total value locked (TVL), things aren’t looking great. Network activity…
Stablecoins power deobanks, a new generation of decentralized banks that offer accessible, efficient and transparent financial solutions, especially in high-risk areas. Opinion by: Maksym Sakharov, co-founder and group CEO of WeFi The current markets are experiencing tailwinds as a result of the tariffs imposed by the US administration and retaliatory measures from trading partners. So…
Bitcoin whales appear to be on the move as Bitcoin gained over 4% over the past seven days. A massive Bitcoin whale wallet holding has just added $200 million worth of Bitcoin to its position after selling over 11,400 Bitcoin over the last few months — coinciding with a recent rebound for the original cryptocurrency. …
Mt. Gox moved a batch of Bitcoin worth over $930 million on March 11 as the bankrupt crypto exchange vies to fully repay customers by Oct. 31. Defunct crypto exchange Mt. Gox moved almost a billion worth of Bitcoin, the second large BTC transfer in a week, as Bitcoin’s price fell to a four-month low…
Every merger and acquisition is different, with complicated transactions needing a sound structure to sail through successfully. Various factors play a part in this: deal size, international participants, headcount at the target business, competition, legal implications, vendor-buyer relationship, and financial considerations. As such, almost all M&A transactions, including share or company buyouts, follow a similar…
A Bitcoin vanity address is your signature on the blockchain canvas — a custom touch in the realm of digital finance. Have you ever wondered whether a Bitcoin (BTC) address — or a string of 26–35 alphanumeric characters — can happen to have human-readable words instead of random letters? You’ve probably heard of the Lightning…