Another DeFi Exploit: Perp DEX Ostium Loses $18 Million in Oracle Attack
Hackers manipulated Ostium's price feed by compromising an oracle signe key, allowing them to drain roughly $18 million from the Arbitrum-based perpetuals exchange.
Bitcoin 21M Cap Under Fire From Zcash Founder
Eli Ben-Sasson, Zcash founder and and CEO of StarkWare, the company behind Ethereum Layer 2 scaling solution Starknet, publicly argued that Bitcoin 21 million supply cap “doesn’t make sense.” He is also proposing instead that the…
XRP Network Activity Hits 3-Month High After Leverage Flush
XRP active addresses reportedly reached a three-month high as derivatives leverage was flushed from the market.
Ripple CTO Proposes ReservedTxns to Block Front-Running on XRPL DEX
David Schwartz, co-founder of the XRP Ledger and Ripple CTO Emeritus, has proposed a two-component transaction reservation mechanism to address front-running and sandwich attack risks on XRPL’s native DEX and AMM. The proposal, surfaced in response…
Bitcoin Shakes Out Weak Hands With Brutal Dip: But Smart Money is Quietly Flooding In
Crypto markets just gave traders a major heart attack. In a sudden, brutal move, Bitcoin plunged to test key support at $59,100, leaving late-joining retail investors in absolute panic. But the doom-mongers were silenced almost instantly. In a textbook…
Texas Brothers Plead Guilty In $8M Crypto Kidnapping Case
Two Texas brothers pleaded guilty in a federal case involving an armed kidnapping and an $8 million cryptocurrency theft in Minnesota.
Secret Network Bridge Hit by $4.67M Exploit Via Infinite-Mint Flaw
Secret Network lost $4.67M due to an infinite-mint exploit on its Axelar bridge, which went undetected for seven days. The vulnerability is now patched.
Token Of Power Governance Exploit Drains $1.58 Million In WETH, TRM Says
TRM Labs says Token of Power was exploited for roughly $1.58 million in WETH.
Yuga Labs Just Pulled Off A $500,000 Crypto Heist â Against These Hackers
Yuga Labs, the company behind Bored Ape Yacht Club and CryptoPunks, completed a covert whitehat operation on June 8 to rescue 68 blue-chip NFTs â worth more than $500,000 â from an active exploit targeting Flooring Protocol, deploying its own funds…
Rippleâs Move To Privacy: How A Re-organization Of The XRP Ledger Will Affect The Network
Ripple CTO Emeritus David Schwartz has laid out a rare look at how the XRP Ledger could respond if it ever came under pressure from a state-level actor. The discussion started with a question about whether an authoritarian regime could use or attack the…