The decentralized finance (DeFi) platform LI.FI protocol recently fell victim to an exploit that resulted in the loss of over $8 million in user funds. Cyber Alerts discovered suspicious transactions within the LI.FI cross-chain transaction aggregator, prompting LI.FI to issue a warning to users not to interact with any LI.FI powered applications temporarily. The breach
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The recent news about the potential launch of Spot Ethereum ETFs has caused a surge in the price of Ethereum (ETH). Bloomberg analyst Eric Balchunas revealed on X (formerly Twitter) that the SEC has responded to the fund issuers and requested final S-1 filings by July 22 for the ETFs to be effective by July
The US spot Bitcoin ETFs had a remarkable day on July 15th, with a daily net inflow of $301 million. This marked the seventh consecutive day of positive momentum, reflecting a broader market recovery trend. Notably, none of the ETFs saw outflows on that particular day. The data, as compiled by SoSoValue, revealed that BlackRock’s
The market for Bitcoin experienced a significant increase as its price surged to over $65,000, marking a two-week peak. This rise came after the digital asset had recovered from a crash on July 5, gaining over ten thousand dollars. However, the positive momentum was short-lived as news about Mt. Gox moving billions in Bitcoin caused
Bitcoin has once again captured the attention of cryptocurrency enthusiasts as dormant wallets containing staggering amounts of BTC have started to reemerge after years of inactivity. This resurgence has raised questions about the motives behind these sudden movements and the identities of the owners of these wallets. Recently, Whale Alert identified the activation of a
Coinbase, Ripple, and Andreessen Horowitz (a16z) have made headlines by announcing their attendance at both the Republican National Convention (RNC) and the Democratic National Convention (DNC). Their goal is to lobby GOP power brokers and Democratic influencers to support policies that benefit the cryptocurrency industry. This move highlights the increasing significance of the crypto sector
The partnership between Akedo Games and the TON ecosystem signifies a major shift in the world of blockchain gaming. According to founder Blake, this collaboration is an indication that Akedo Games is at the forefront of pioneering new gameplay experiences within the decentralized gaming realm. This strategic backing from TOP is not only a validation
Ubisoft is breaking new ground in the gaming world with the upcoming Champions Tactics game. By combining strategic gameplay with blockchain technology, they are offering players a unique and innovative gaming experience. Set to launch on July 15, the Champions Tactics free mint event is an opportunity for players to get involved early in the
Cryptocurrency analyst Linda has recently made a bullish case for Ethereum (ETH), predicting that the second-largest crypto token by market cap could rise to $4,000. One of the factors that could trigger such a price surge is the potential approval of the Spot Ethereum ETFs. The sentiment around these funds is positive, with traders eagerly
Scroll, a ZK rollup Layer 2 network, has seen a significant uptrend in the past seven days. According to L2Beat data, Scroll is up 23% to reach a TVL of $1.03 billion. This surge has placed Scroll as the 8th Ethereum Layer 2 network to surpass a TVL of $1 billion. One of the factors