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Solo bitcoin miner wins $330K worth of block reward after renting hash power to beat steep odds, CKpool dev says
Using CKpool solo mining software, a solo bitcoin miner beat 1 in 3,050 odds and claimed $330,386 in network rewards …
Singapore court declines WazirX’s restructuring plan after last year’s $230 million exploit
The crypto exchange said the Singapore High Court declined its proposed restructuring plan following a $230 million e…
MARA hits monthly mining milestone, holds all 950 BTC to grow second-largest public crypto treasury
The new coins bring MARA's total reserves to 49,179 BTC, a sizable addition to the second-largest publicly traded Bit…
Peter Thiel’s Founders Fund co-leads $8 million Series A for Base-based derivatives exchange Avantis
The Series A was structured as equity with token warrants, Singh said, declining to disclose the post-money valuation.
Ethereum Foundation overhauls R&D division amid leadership changes and staff layoffs
The Ethereum Foundation has restructured its Protocol Research & Development division, now simply called “Protocol.”
Asia Morning Briefing: Crypto Industry 'Unprepared' For Quantum Threat Says Analyst
PLUS: BTC is developing a correlation with Japanese 30-year bonds.
The Daily: Metaplanet ramps up bitcoin buys as Strategy slows down, global Ethereum funds see best inflow run since 2024, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
DeFi hacks accounted for most of May’s $302 million crypto losses: Certik
The largest crypto loss in May came from Cetus Protocol, which lost an about $225 million, although the protocol reco…
Hackers drain over $3 million in crypto from Nervos Network’s Force cross-chain bridge, say security analysts
Force, a cross-chain bridge on Nervos Network, has lost about $3 million in ETH, stablecoins, and wrapped BTC in an a…
ZachXBT flags suspicious $11.5M outflows from BitoPro exchange’s hot wallets, says it was ‘likely exploited’
ZachXBT said there were suspicious outflows from hot wallets on multiple networks including Tron, Ethereum, Solana an…
BitMEX thwarts supposed Lazarus attack, discovers group’s IP addresses and ‘significant lapses’ in security
BitMEX's investigation allegedly discovered new insight into the group's inner workings and “significant lapses in …
Sui community passes governance vote to recover stolen Cetus funds blocked by validators in $223M heist
Cetus eyes full protocol resumption in a week after a Sui community proposal to return frozen funds passed with 90% b…
Someone loses over $500,000 in deUSD liquidation, raising concerns about Chainlink’s VWAP pricing system
Some onlookers think this decentralized market function could be improved either through stablecoin price caps or "mo…
JPMorgan says Ethereum’s recent upgrades haven’t meaningfully boosted activity
Ethereum has yet to see a material increase in activity despite recent successive upgrades, according to JPMorgan ana…
Metalayer Ventures, founded by former Chainlink and Two Sigma execs, launches $25 million fund targeting early stage investments
The team plans to invest upwards of $500,000 in around 30 early-stage startups involved in tokenization, stablecoins,…
Katana, the DeFi-focused chain incubated by Polygon Labs and GSR, launches private mainnet
Users can start locking up ETH, USDC, USDT, or WBTC during the Katana private mainnet period will receive KAT tokens.
Cork Protocol pauses contract amid $12 million DeFi exploit
Cork Protocol, a DeFi venue for trading depeg events, paused its contracts after exploits withdrew some $12 million i…
Ethereum DeFi protocol Euler to launch EulerSwap DEX with lending-boosted yield
Euler has introduced EulerSwap, a new decentralized exchange that fuses automated market-making with lending infrastr…
MetaMask wallet adds native Solana support via browser extension
Crypto wallet provider MetaMask announced Tuesday that Solana is now supported via a web browser extension.
Cetus poses community vote to possibly return 100% of funds to users affected by $223 million exploit
Cetus stated it can use its cash and token reserves, as well as a Sui Foundation loan, to recover stolen assets from …
Google slashes quantum requirement to crack Bitcoin by 95% with technology a decade away
Bitcoin’s cryptographic resilience is facing renewed questions after a Google researcher suggested that quantum com…
Quantum Computing Could Break Bitcoin-Like Encryption Far Easier Than Intially Thought, Google Researcher Says
A new research paper from a Google researcher slashed the estimated quantum resources needed to break RSA encryption,…
Sui DEX Cetus says overlooked flaw in open-source library used by smart contract led to $223 million exploit
Cetus plans to bolster security through rigorous testing, expanded audits, and a strengthened bug bounty program.
Solana co-founder’s personal ID leaked on Hiphop group Migos’ Instagram page in apparent data breach
One Instagram post explicitly claimed Gokal 'should have' paid 40 BTC, suggesting a potential blackmail attempt.
Polygon co-founder Mihailo Bjelic steps down, marking third founder exit
Polygon founder Mihailo Bjelic is stepping back from the project he helped create, according to an announcement on Fr…
WalletConnect token expands to Solana with 5 million WCT set for airdrop
The WalletConnect Foundation will airdrop 5 million WCT to active Solana users via partners like Phantom, Jupiter, Ba…
The Daily: Major US banks in talks over joint stablecoin venture, BTC and ETH ETFs see highest combined daily inflows since January, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Cetus offers $6 million white hat deal to recover stolen ETH after hacker’s activity is blocked on Sui
Cetus said it worked with law enforcement agencies, exchanges and cross-bridge protocols to freeze all stolen funds t…
‘Liquidity begets liquidity’: Solana DEX aggregator Jupiter unveils a new lending protocol
Jupiter Lend, which will tap the liquidity layer Fluid, features a bespoke liquidation engine and “dynamic limits t…
The Daily: Bitcoin taps $112,000 as analysts flip classic ‘sell in May’ adage, Kraken plots Solana-based tokenized stock trading, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.