Crypto news

LI.FI, a bridging API connecting numerous blockchains that allows users to port assets cross-chain to use on DeFi protocols and other applications, was hacked a few days ago. While the amount of funds increased as the hack progressed, about $11.6 million got stolen from the protocol. LI.FI let its community know how this incident occurred. It integrated a new smart contract facet, shortly after which it experienced the attack. In its blog, LI.FI stated, “A vulnerability in this facet allowed...

Bitrue Ventures’ new fund aims to support Web3 startups with up to $200,000 in investment, offering extensive industry resources. The investment and research arm of crypto exchange Bitrue opened up a $40 million pool of investment funds dedicated to the Web3 ecosystem.  Bitrue Ventures’ $40 million fund will be divided among several Web3 startups and developers, who are eligible to get up to $200,000 investment. According to the announcement shared with Cointelegraph, Bitrue will...

A Decentralized Finance (DeFi) wallet allows users to store, manage, trade crypto, and, most importantly, interact with decentralized applications (dApps) and Web3 projects. These could range from decentralized exchanges (DEXs), liquid staking platforms, and lending protocols to NFTs and SocialFi apps. DeFi wallets give users complete control and ownership over their crypto. But let’s clarify a few things first. There are custodial wallets and centralized exchanges that offer...

Experts have analyzed the potential of the ETFSwap (ETFS) platform to transform DeFi and the ETF market and have recommended that buying the presale is worth more than investing in BlockDAG (BDAG) and DTX Exchange (DTX).  ETFSwap (ETFS) Is The Only Presale That Matters The ETFSwap (ETFS) platform is decentralizing the traditional finance marketplace by leveraging blockchain technology to provide tokenized versions of ETFs and real-world assets. as a means of bridging traditional ETFs...

WazirX, the largest Indian cryptocurrency exchange, was hit by a security breach in one of its multisig wallets on Thursday. The incident resulted in the loss of over $230 million from the multisig wallet. Over $230 Million Stolen in WazirX Breach The company announced the attack in a post on X: At WazirX, our commitment to transparency and community welfare is paramount. There was a cyber attack on one of our multisig wallets. Below are the preliminary findings to clarify...

Where there’s an opportunity, fraudsters are sure to follow. With their potential for big profits and anonymity, cryptocurrencies are no exception. Not to mention, they’ve become so mainstream that over 15,000 businesses worldwide now accept them as a means of payment.   As a business owner, you can’t just sit still in the face of these trends. You need an efficient technique to combat crypto crime and protect both your business and customers.  And today, we put the accent on fraud...

Mt. Gox creditors reported hackers trying to log into their accounts multiple times, with the defunct exchange sending them notifications through numerous failed attempts. As the exchange began paying its creditors, cybercriminals focused on breaking into their accounts to siphon large sums of bitcoin and Bitcoin Cash. Reddit users on the r/mtgoxinsolvency subreddit posted their experiences, confused about what to do now that they experienced the hacking attempts. User u/ovkovk posted, “Just...

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Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.