In a post mortem, Pump.fun identified the $1.9 million exploiter as a former employee
Pump.fun, a meme coin launchpad located in Solana, claimed that the exploit that happened on Thursday was the work of a former employee. In the event, a former employee obtained…
In a wild climb, Bitcoin surpasses $66,000, leading to a jump in short liquidations
Following a rally above $66,000, short liquidations of Bitcoin BTC +0.071%, the largest digital asset by market capitalization, have surged to more than $48 million in the last 24 hours….
India’s RBI Seek Ban on Stablecoins, While SEBI Is Open to Crypto Oversight
However, the RBI believes that private digital currencies pose a risk to the macroeconomy. These recommendations were given to a “government panel,” according to the Reuters story, which was entrusted…
Leading the $7 million round for Param Labs’ gaming platform is Animoca Brands
Already a frequent backer of cryptocurrency video game startups, Animoca Brands said that it spearheaded a $7 million fundraising round for Param Labs, a gaming platform. Based in the United…
Bridge for the L2 protocol of Bitcoin Alex loses $4.3 million due to dubious renovations
A study published on May 14 by blockchain security platform CertiK states that after a sudden contract upgrade, the BNB network’s Alex protocol bridge saw $4.3 million in fraudulent withdrawals….
Contributor to Cypher Protocol acknowledges stealing and gambling with money obtained from an exploit
Hoak, a contributor to the Solana based exchange cypher under pseudonym, acknowledged stealing and betting with the protocol’s money that was obtained through an exploit. Another Cypher contributor going by…
Draft EIP-7776 by Vitalik Buterin suggests a new calldata gas type for Ethereum
In a new Ethereum Improvement Proposal (EIP-7706), co-founder of Ethereum ETH -0.29% Vitalik Buterin suggests creating a new gas category for transaction calldata. Currently, there are two primary forms of…
Binance offers 10% of trader profits to users who engage in spot copy trading
Users can now immediately replicate the trading techniques of seasoned traders with this new option. Binance has clarified the distinction between copy trading in the futures and spot markets. Exchange…
“Nyan Heroes,” a Solana game, reveals the token launch during the play-to-airdrop push
The mech shooter, which draws inspiration from Overwatch and Titanfall, has been in pre-alpha since March and has reportedly had over 200,000 downloads, placing it in the top 30 games…
Framework Ventures leads a $2.6 million fundraising round for ZK project Hylé
The venture capital firm Framework Ventures led the $2.6 million fresh financing round for the zero-knowledge initiative Hylé. Participating in the financing were Cherry Crypto, Fabric Ventures, First Capital, and…
Lens Network L2 Leveraging ZK Stack Announced by Aave
Using Matter Labs’ modular ZK Stack technology, Lens Network—which was announced on May 14—plans to construct a hybrid validium and volition Layer 2. According to Lens, this approach can retain…
Lido Offers Partnership Encouraging a stETH-Based Restaking Ecosystem
The main Ethereum liquid staking protocol, Lido, seeks to promote innovative restaking architecture centered on its stETH coin. A plan to create the Lido Alliance and support “Ethereum-aligned” initiatives by…
Memes continue to dominate as FLOKI, BOME, and DOGE dominate markets
Over the past day, FLOKI’s price and trading volume have significantly increased. The token now costs $0.0002047, an increase of 10.54%. Its market value has increased by 10.05% to $1.95…
Solana and Sui Get Universal EVM Applications With Skate’s Innovative Intents-Based Architecture
Traditionally, developers have used an expensive and time-consuming method of deploying apps individually on each network. For instance, on a new EVM chain, forking code that started on Ethereum accounts…
Vitalik Buterin, Peter Thiel’s Founders Fund, and other investors contribute $45 million to Polymarket
In addition to current investors 1confirmation and ParaFi, as well as co-founders of Ethereum, Dragonfly, and Eventbrite, Kevin Hartz, and Vitalik Buterin, Polymarket has raised a $45 million Series B…
Tether Reacts: Phishing Links Cause $5.2M in USDT to Be Frozen
USDT Is Frozen, Signaling Tether’s Attempts to Stop Illegal Activity Recent events have brought attention to Tether’s proactive efforts to stop illegal activity in the cryptocurrency space, demonstrating the company’s…
Monday Sees $39 million in withdrawals from Hong Kong Bitcoin and Ether ETFs
Following bitcoin’s decline below $61,000 on Friday, there were significant withdrawals from both the Hong Kong-listed spot bitcoin and the ether exchange-traded funds (ETFs) on Monday. According to statistics from…
‘Block Trading’ Facility for MATIC, SOL, and XRP Options Revealed by Paradigm
Over-the-counter cryptocurrency liquidity network On Monday, Paradigm announced the launch of a block trading facility for options linked to well-known alternative cryptocurrencies (altcoins), such as MATIC, SOL, and XRP, on…
Memes rise to the top once more in the flat cryptocurrency market
Despite the fact that most cryptocurrency markets were flat, tokens in the meme coin category once again demonstrated strong growth. Pepe (PEPE), Floki (FLOKI), Dogecoin (DOGE), and Shiba Inu (SHIB)…
Falcon Labs, a leading cryptocurrency brokerage, resolves with the CFTC over a registration infraction
The U.S. Commodities Futures Trading Commission agreed with cryptocurrency premier brokerage firm Falcon Labs, Ltd. after the agency stated the company ought to have been registered, making this the first…