The crypto market is notorious for its highly volatile nature, with few price movements lasting much longer than a week. Bitcoin’s (BTC) influence has also significantly contributed to the relatively unstable market lately, leaving many top tokens, including Ethereum (ETH), in quite the situation. Then again, things are starting to look up for the ETH token, and a new DeFi coin is launching on the blockchain to switch things up, too. Ethereum Suffers From Bitcoin Swings The whole...
Read More »Moscow Exchange (MOEX) Bows Out of Russia’s Crypto Trading Pilot Program
MOEX departs from Russia’s crypto pilot and focuses on other digital ventures. Russia promotes the digital ruble and proposes additional cryptocurrency exchanges to increase trading. The Moscow Exchange (MOEX), Russia’s largest financial exchange, has decided not to take part in a new pilot program for cryptocurrency trading, despite recent legislation allowing digital currencies to be regulated by the central bank. Nikolai Trunichkin, MOEX’s head of digital projects, confirmed the decision,...
Read More »Tether, Tron, and TRM Labs Join Hands to Launch the T3 Financial Crime Unit
The T3 Financial Crime Unit will work to reduce criminal activity associated with USDT on Tron, collaborating with law enforcement agencies to hold criminals accountable and make victims whole. The largest stablecoin issuer, Tether, Justin Sun-created Tron, and blockchain intelligence platform TRM Labs have collaborated to launch the T3 Financial Crime Unit (T3 FCU). The alliance will allow Tether to identify and report crime-related USDT transactions on the Tron network. The Majority of USDT...
Read More »dYdX Chain Integrates Keplr Wallet to Boost Access for Over 1 Million Users
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Read More »Polygon Upgrades MATIC to POL, Integrates More Features to the New Native Token
Polygon’s anticipated native token upgrade is here, marking a critical milestone for the Polygon 2.0 vision. The Polygon network successfully introduced its new native asset, POL, in a much-awaited move for the blockchain’s users and onlookers. With that, POL has replaced MATIC—the network’s native asset since its genesis. MATIC holders can claim POL 1:1 if their holdings have not already been converted to POL. In an X post, the official Polygon account explained, “There is no deadline for...
Read More »Hacker Behind $27 Million Penpie Attack Receives Compliment From Counterpart
The individual behind 2023’s $195 million Euler Finance hack appreciated the Penpie hacker for steadfastly funneling funds via Tornado Cash and showing no indication of returning the proceeds. A hacker whose efforts led to the recent $27 million Penpie protocol attack received a compliment from another hacker in the spotlight last year for exploiting Euler Finance. The Penpie hacker hit the protocol on September 3, making away with their illicit proceeds. They funneled about $7 million of...
Read More »dWallet Network Rebrands as Pera to Enhance Zero Trust Protocols in Web3
Pera’s rename from dWallet Network highlights the company’s focus on zero-trust protocols. New ZTP solutions include multi-chain financing, atomic swaps, and AI restrictions. dWallet Network, a leader in decentralized applications, has announced its rebranding to Pera. This transformation marks a significant shift towards enhancing developer access to Zero Trust Protocols (ZTPs), which provide robust security across various blockchain networks. The rebranding to Pera reflects the platform’s...
Read More »Euler Finance Exploiter Congratulates Penpie Hacker for Stealing $27 Million
The person behind 2023’s Euler Finance hack has congratulated the Penpie exploiter after the latter moved the bulk of the funds they stole to Tornado Cash. The Penpie thief transferred the money even as the decentralized finance (DeFi) platform pleaded for the funds to be returned in exchange for a bounty. The $27M Penpie Protocol Hack On Sep. 6, blockchain security company Peckshield made a post on X featuring the Euler Finance exploiter’s message to the Penpie protocol...
Read More »COTI Partners with PriveX to Revolutionize DeFi with Privacy-Centric Perpetuals Trading
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Read More »Activity on Tron’s SunPump Fades as Solana’s Pump.fun Regains Spotlight
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