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Welcome to our little corner of the Internet. Kick your feet up and stay a while.

Li.Fi releases incident report following $11M hack

Flyhightechno July 18, 2024News

The team also announced it was working on a voluntary compensation plan to reimburse 100% of funds to users affected by the exploit. Source link

BtcTurk CEO steps down from one of Turkey’s biggest crypto exchanges

Flyhightechno July 18, 2024News

Ozgur Guneri spent seven years as the head of the popular Turkish crypto exchange. He will remain with the company as a director. Source link

21Shares launches Injective ETP with staking on Euronext

Flyhightechno July 18, 2024News

INJ takes a spot among the largest cryptos with a financial product exposing it to traditional investors. Source link

BitGo integrates Stacks for Bitcoin rewards, following institutional BTC demand

Flyhightechno July 18, 2024News

The integration comes due to growing institutional demand for Bitcoin, according to Stacks’ ecosystem investor lead. Source link

Monad’s $225M funding: Optimistic parallelization and MonadBFT insights

Flyhightechno July 18, 2024News

Monad Labs raised $225 million, led by Paradigm, pushing forward the discussion on parallelized EVM chains. Source link

Trauma bonding through crypto rubble puts the Lads on top: Tristan Yver, NFT Creator 

Flyhightechno July 18, 2024News

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

Flyhightechno July 18, 2024News

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

Flyhightechno July 18, 2024News

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

Flyhightechno July 18, 2024News

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

Flyhightechno July 18, 2024News

WazirX’s Safe Multisig wallet on Ethereum was compromised, with funds moved and converted to Ether. Source link

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