Share: Base network's Total Value Locked (TVL) soars by 25.23%, surpassing Ethereum Layer 2 zkSync Era. The growth is primarily driven by the minting of native USDC, which saw a 472% increase. Backed Finance recently issued tokenized ETF bIB01 on … [Continue reading]
PBoC sets USD/CNY reference rate at 7.1789
Share: On Monday, the People’s Bank of China (PBoC) sets the USD/CNY central rate for the trading session ahead at 7.1789, compared with the 7.2945 estimated and 7.1798 on September 28. PBoC injects 20 billion Yuan via 7-day RR, sets rate at 1.8% … [Continue reading]
Aptos price braces for volatility as $23.85 million worth of APT due to flood markets in a cliff unlock
Share: Aptos price could record increased volatility this week, with 4.54 million APT tokens worth $23.85 Million due for unlocks on October 12. Ahead of the previous unlocks on September 12, the price dropped 15% but corrected 7% post-event, thus … [Continue reading]
Galxe, Balancer DNS attacks reveals many crypto enterprises are vulnerable to subdomain/domain hijacking
Share: A security researcher has indicated that many crypto enterprises are vulnerable to subdomain hijacking. The results come after probes into the Balancer incident and the recent attack against Galxe. Cryptocurrency manufacturers must be … [Continue reading]
CBDCs could intensify government scrutiny of financial transactions, OpenAI CEO Sam Altman
Share: OpenAI CEO Sam Altman has expressed concerns over the US government waging war on crypto and control over Bitcoin. In his opinion, this threatens the freedom and openness of global cryptocurrencies, citing CBDCs could intensify industry … [Continue reading]
HTX pays 250 ETH as white hat bounty, requests hacker for platform’s security vulnerability analysis report
Share: HTX Global has paid the 5% white hat bounty to the hacker who stole 5000 ETH from the platform on September 24. The platform has also sent a message to the attacker, asking him for a security vulnerability analysis report. The report is … [Continue reading]
Injective price looking for a sweep of August highs, 6% gains incoming?
Share: Injective price is on a recovery rally after a 21% climb from the $6.500 support floor. INJ could rise 6% to clear the August highs of $8.270 by clearing the 50% Fibonacci Retracement. A 3-day candlestick close below $6.853 level would … [Continue reading]
Breaking: Stars Arena suffers major security vulnerability on its smart contract, loses $2.9 million
Share: Avalanche’s Stars Arena has had its smart contract exploited, users asked not to deposit any funds PeckShield blockchain security firm records a loss of approximately $2.9 million in the attack. It operates side-by-side with Friend.tech, … [Continue reading]
Huobi wallet exploited, history fuels speculation of another inside job
Share: Huobi Wallet, now iToken is suspected to have suffered an exploit on October 3. Exploiter made away with funds, dividing and transferring the loot multiple times. Speculation that it may be an inside job lingers owing to their history of … [Continue reading]
Binance extra cautious in UK with new domain launch to avoid regulatory troubles
Share: Binance has launched a new domain for UK users, this time with extra care to remain in compliance with regulations. The exchange partnered with a UK player for marketing and communications for its expertise in the new Financial Promotions … [Continue reading]