In the depths of the bear market, a new NFT community “brought the energy back into the Solana ecosystem.” Source link
Onchain analysts tie $235M Indian exchange exploit to North Korean hackers
Blockchain forensics firm Elliptic told Cointelegraph that specific patterns and techniques in the WasirX attack led them to believe North Korean hackers were behind the incident. Source link
Pyth leads perps trading on Solana, Sui, but $600B trading volume will 10x
Due to organic, “market-generated” growth, the Oracle solution could witness another tenfold increase in trading volume. Source link
OKX selects Malta as MiCA hub for EU crypto compliance
OKX selects Malta for its MiCA hub, leveraging its existing VFA Class 4 license and regulatory infrastructure for expanded EU crypto services. Source link
Indian crypto exchange falls victim to $235M hack
WazirX’s Safe Multisig wallet on Ethereum was compromised, with funds moved and converted to Ether. Source link
Polygon Labs’s MATIC-POL migration confirmed for Sept. 4
The upgrade is part of Polygon’s 2.0 roadmap to enhance its zero-knowledge-based layer 2 chains ecosystem, aiming to expand the utility and functionality of its native token. Source link
LMBO and REKT: Direxion debuts leveraged ETFs tracking crypto equities
Despite the fun-sounding tickers, the two newly launched Direxion funds saw less than $50,000 in combined trading volume on their first trading day. Source link
EU blockchain projects shifted ‘beyond the hype’ to practical applications: Report
New INATBA report reveals EU blockchain projects have transitioned from hype to practical applications, enhancing various industries and public sector efficiency. Source link
Nigeria begins review of its blockchain technology policy
The steering committee’s work is actively toward Nigeria taking a leadership position in African blockchain development. Source link
Saudi Arabia’s Riyadh may be crypto’s sleeping giant: Crypto City Guide
While crypto may still operate in a gray space in Saudi Arabia, the country’s talent pool and burgeoning gaming sector hold promise for Web3. Source link