A hacker who managed to compromise the admin wallet of the layer-2 blockchain protocol ZKSync, stealing approximately $5 million worth of ZK tokens during an airdrop, has recently returned the stolen funds. The return was made within the agreed "safe harbor" timeframe, with the hacker receiving a 10%
Solana Purchase for Balance Sheet Strengthens as DeFi Expansion Boosts Holdings to $48M Formerly known as Janover, the company has been actively acquiring SOL tokens at discounted rates to bolster its long-term cryptocurrency portfolio. DeFi Development Corp has now increased its Solana holdings by $9.9 million, bringing the total
Citrea has taken a significant step in addressing the challenge of collateral bottlenecks when utilizing BTC in decentralized finance (DeFi) by launching its Clementine Bridge on the Bitcoin testnet. This move is part of Citrea's mission to enhance the usability of Bitcoin by establishing a secure bridge between
XRP Ledger Experiences Security Breach Addressed by Foundation Recently, a critical flaw was detected in the XRP Ledger's library, prompting an urgent response. The vulnerability stemmed from unauthorized access using an XRP Ledger developer access token on the Node Package Manager (NPM) platform, where developers exchange code for
Tesla has disclosed that it maintains approximately $951 million in cryptocurrency holdings. Despite missing earnings expectations, Tesla did not liquidate any digital assets during the recent quarter. Following a regulation from the Financial Accounting Standards Board (FASB), businesses are now obligated to reevaluate the value of their digital assets on
AVAX Token from Avalanche Skyrockets 10.7% Amid Bullish Breakout Avalanche's AVAX token is defying recent market challenges, showcasing an impressive surge in value marked by heightened trading volume and a break past significant resistance levels. The recent price action of Avalanche's AVAX token reflects a
Mantra, the platform focused on real-world asset tokenization, is set to burn a substantial number of OM tokens to improve staking rewards following a sharp decline in the token's value. The decision involves incinerating 300 million OM tokens, with half of them being part of the initial allocation
Could Bitcoin Benefit from Trump Dismissing Powell? Lessons from Turkey's Lira Plunge Suggest So The possibility of President Trump firing Federal Reserve Chairman Jerome Powell may have repercussions for Bitcoin, as it could weaken the USD and prompt increased adoption of cryptocurrencies like BTC and stablecoins. President Erdogan
TD Cowen analysts have recently scrutinized Strategy’s impact on the Bitcoin market following its significant buying activities in the cryptocurrency over the last half-year. Despite pouring billions into Bitcoin, Strategy's purchases have shown minimal influence on BTC prices, as per TD Cowen's latest research. The
Bitcoin's Breakout Signals BTC Potentially Rallying to $90K-$92K: Technical Analysis The cryptocurrency is likely targeting the $90K-$92K range, which previously served as a strong support zone. * Bitcoin's price surged past $87,000, breaking out of a week-long consolidation between $83,000 and $86,000.
Chart of the Week: 'Dire Picture' for BTC Miners as Revenue Flatlines Near Record Low Despite bitcoin trading around $84,000, miner revenue has decreased due to the recent halving event and rising operational costs. * Hashprice, a key metric for miner revenue, is near a five-year low, highlighting
Chart of the Week: 'Dire Picture' for BTC Miners as Revenue Flatlines Near Record Low Despite bitcoin trading around $84,000, miner revenue has decreased due to the recent halving event and rising operational costs. * Hashprice, a key metric for miner revenue, is near a five-year low, highlighting