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Meta Pool, a Liquid Staking Protocol, Suffers $27M Exploit
The hacker could only swap $25,000 worth of the token due to low liquidity.
Kraken-incubated Ethereum Layer 2 plans to launch and airdrop new INK token, foundation says
The Ink Foundation said there will be a hard cap of 1 billion INK tokens, which will not be used for protocol governa…
Polyhedra Blames Liquidity Attacks for Sudden 80% Price Drop in ZKJ, Promises Buyback
Co‑founder Tiancheng Xie revealed that Polyhedra Network is launching a buyback strategy to support ZKJ token price…
Crypto analytics firm TRM Labs says 99% of stablecoin activity in 2024 was ‘licit’
Stablecoins now represent over 60% of all crypto transaction volume as criminal use across the industry appears to drop.
France eyes Bitcoin mining to cut energy waste and boost grid stability
A group of lawmakers in France is advocating for a national review on how Bitcoin mining can help address the country…
Interchain Labs says former Cosmos maintainers unknowingly onboarded North Korea-linked actor, finds no security issues and doubles bounty
North Korean agents previously infiltrated the ecosystem to make contributions to Cosmos Hub's liquid staking module …
How a YouTuber hacked an $800K crypto scam hub in Cebu, Philippines
A YouTuber exposed an $800,000 crypto scam in Cebu by hacking CCTV, confronting scammers live and revealing their glo…
a16z crypto leads $33 million seed round for Yupp as it exits stealth to build crypto-incentivized AI model evaluation platform
Yupp is a free platform that allows users to compare answers from multiple AI models, using crypto rails for rewards …
Shopify to Enable USDC Payments on Coinbase's Base for Merchants Worldwide
The integration is set to roll out on June 12 to a limited group of early access merchants, with wider availability e…
Shopify teams up with Coinbase and Stripe in USDC stablecoin payments push
Stripe said the ability for merchants to accept USDC will be available to Shopify merchants in 34 countries.
Bittrue Hacker Funnels $30M Through Tornado Cash, Made $9.3M by Trading Ether
The hacker laundered the ETH after the asset nearly doubled in the past two months.
Pakistan Turns to Bitcoin Mining to Solve $7.4 Billion Energy Crisis
Pakistan is considering a new approach to deal with its long-standing energy crisis by introducing Bitcoin mining po…
Can Bitcoin fix Pakistan’s energy problem? The 2,000 megawatt mining strategy explained
Can Bitcoin solve the energy crisis in Pakistan? 2,000 MW Mining Plan
Former Ethereum Foundation researcher Péter Szilágyi says he rejected $5 million to spin out Geth Ethereum client
Szilágyi also claims the EF, which has been undergoing a shift in leadership and focus, also funded a rival Geth dev…
Ethereum Foundation outlines key security challenges facing the network in new report
Six major areas, including UX and smart contracts, were named in the Ethereum Foundation's first report for its Trill…
XRP Ledger devs plan sidechain launch in Q2 for Ethereum compatibility
XRP Ledger plans to launch an EVM sidechain in the second quarter of this year to gain Ethereum compatibility.
Bitcoin miner IREN unveils proposed $450 million convertible notes offering
A part of the proceeds would be used to enter capped call transactions and prepaid forward transactions, the company …
Crypto security startup Hypernative raises $40 million in Series B financing
The Tel Aviv, Israel-based security startup raised $40 million in fresh financing in a round co-led by Ten Eleven and…
Paraguay Government Says President Santiago Peña’s X Account Got Hacked to Promote Bitcoin Scam
The Paraguay government asked its citizens, on Monday, June 9, to ignore X posts made through the official account…
Paraguay President's X Account Hacked, Shares Bitcoin Scam
Santiago Peña's account said that bitcoin would be made legal tender.
Tether to democratize Bitcoin mining with open-source software debut
Tether is building a gateway for new players to enter Bitcoin mining by releasing its Bitcoin Mining OS (MOS) as open…
Could Marathon be readying to team with Exxon or Aramco on flare gas Bitcoin mining?
Could Marathon Digital Holdings be in exploratory talks with Exxon Mobil and Saudi Aramco to colocate Bitcoin mining …
Paraguay president’s X account appears compromised with claim country makes Bitcoin legal tender
President Santiago Peña's social media post also linked to a Bitcoin address and encouraged citizens to "invest."
Sui's Cetus DEX Is Back Online After $223M Exploit
Liquidity pools have been restored to between 85% and 99% of their original levels.
Stacks-based Alex Lab to reimburse users after $8.3 million exploit as token drops 45%
The exploit was Alex Lab's second major exploit in as many years, and the recovery process from last year's exploit h…
$31M Bitcoin Gift to Ross Ulbricht Traced to Alphabay Dark Web Wallet
The recent $31 million Bitcoin donation to Ross Ulbricht, the once-imprisoned founder of Silk Road, has stunned the …
Bitopro Confirms $11M Hack, Taiwan Crypto Exchange Says it Has Replenished Lost Funds
Details of the May hack were first revealed by blockchain sleuth and Paradigm advisor ZachXBT.
North Korea Laundered $7.7M in Crypto: DOJ Reveals
The U.S. Department of Justice (DOJ) has seized over $7.74 million in cryptocurrency allegedly laundered by North Ko…
The Daily: Coinbase’s wrapped XRP and DOGE land on Base, bitcoin bulls target $125K in June while bears warn of fading momentum, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
US government seizes crypto funds, 145 domains tied to darknet marketplace BidenCash
BidenCash operators allegedly used the platform to simplify the process of buying and selling stolen credit cards and…