Two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million. Source link
Telegram CEO cannot leave France, OpenSea receives Wells notice, and more: Hodler’s Digest, Aug. 25 – 31
Telegram CEO Pavel Durov has been placed under judicial supervision after a court appearance, OpenSea receives Well Notice: Hodler’s Digest Source link
Telegram financial statement shows it holds $400 million in crypto
The messaging app had about four million premium users at the end of 2023. Source link
Chip breakthrough could bring ultra-fast 6G network ‘within a decade’
This research could have revolutionary implications for tech, especially in the areas of AI, VR and blockchain. Source link
Crypto hacks surpass $1.2B in 2024, Celsius repays $2.5B: Finance Redefined
Crypto hacks may surpass 2023’s record, with $1.2 billion already stolen, and Celsius is finally beginning to repay its creditors. Source link
DeFi protocol Threshold proposes Bitcoin wrapper merger to ‘save WBTC’
The proposal would effectively transfer control of WBTC to Threshold. Source link
Binance to support Cardano’s network upgrade
The Cardano network is ready for the Chang hard fork, part of the transition to the Voltaire era of decentralized network governance. Source link
Why crypto miners are ditching debt for equity
Crypto miners are moving away from debt and embracing stock dilution to fuel their AI and HPC ambitions, but the payoff is still uncertain. Source link
Solutions without problems: How many Ethereum layer 2s are too many?
Layer 2s are a short-term success story, but the long-term picture appears less rosy. Source link
Banks face new risks from permissionless blockchains, BIS warns
To mitigate risks associated with public blockchain networks, the paper proposed appointing an entity with the authority to “control and limit access” to cryptocurrency assets. Source link