THORChain Halts Trading on 10 Blockchains After Ethereum Reorg Causes 10 ETH Overpayment
TLDR: An Ethereum one-block reorg on October 31 caused THORChain to pay out 10 ETH it never received. The solvency checker halted ETH swaps automatically, and nodes then paused signing within two minutes. The user returned the 10 ETH, and the vault is…
Stolen iPhone Sparks $14,000 Nightmare for Crypto Veteran
TLDR A crypto industry veteran says a stolen iPhone led to approximately $14,000 in losses after thieves accessed his cryptocurrency and financial accounts. The incident highlights how an unlocked smartphone can expose several accounts through a single…
Bitcoin White Paper 18th Anniversary Highlights Concerns Over Fiat Money
TLDR; Bitcoin’s 18th anniversary has renewed debate over the financial system Satoshi Nakamoto sought to challenge, with small businesses continuing to face the consequences of inflation, rising costs, and repeated financial bailouts. The Bitcoin white…
Bitcoin ETF Outflows Hit $643M, but BlackRock Bucks Trend
TLDR Bitcoin ETF outflows reached $643.2 million on October 30, erasing four days of inflows and pushing October into negative territory. BlackRock’s IBIT led Friday’s withdrawals but still finished the month with $932.1 million in net inflows. Ether…
Chainalysis Hit by Cyberattack Amid Growing Crypto Industry Security Risks
TLDR Blockchain analytics firm Chainalysis has disclosed a cybersecurity breach that exposed certain customer information, raising fresh concerns about data protection across the cryptocurrency industry. Chainalysis has confirmed that an external…
BNB Chain Developers Report Payment Lane Governance Verification on Testnet
The feature gives qualifying payments a default allocation of 5% of block gas, which governance can increase to 10%.
BNB Smart Chain Testnet Adds Payment Lane to Reserve 5% of Block Gas for Payments
TLDR: Payment Lane reserves 5% of each block’s gas limit for eligible payments, with a protocol cap of 10%. Eligible payments include BNB transfers to code-free accounts and transactions sent to listed contracts. Governance manages the payment-contract…
Billions flee Binance on reopen, THORChain founder opposes coin freeze: Hodler’s Digest
Binance has reopened withdrawals following the world’s biggest ever hack, and THORChain co-founder argues it should not halt the protocol to comply with FBI demands.
Israeli Military Prepared to Join U.S. Iran Operation if Trump Asks
More than 10 U.S. military transport aircraft arrived at two air bases in southern Israel during the past week.
Iran Accepts Two-Day Hormuz Plan Tying Talks to U.S. Steps
The proposal puts U.S. measures on day one and the strait's reopening on day two. The plan would open a path to talks after Washington fulfills its commitments and the waterway is open.