The protocol is currently focused on bridging the liquidity gaps between different Ethereum layer solutions. Source link
As Ethereum phishing gets harder, drainers move to TON and Bitcoin
Telegram’s TON is rising as the hottest blockchain of the summer, and cryptocurrency drainers are taking notice. Source link
Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M
Losses from scams and exploits increased in the second quarter as centralized exchanges lost millions, reversing a previous downtrend. Source link
Why reports of the death of NFTs are greatly exaggerated
Toshiuki Otsuka, who founded a snap-to-earn platform, strongly opposed the narrative and argued that NFTs are “evolving.” Source link
Binance enforces stricter measures against account misuse
The platform encourages users to report any suspected incidents of misuse and offers a reward for verified cases. Source link
Crypto firm backed by real-world assets plans to go public this year
The publicly-audited company aims to launch a namesake cryptocurrency backed by its portfolio of real-estate assets and equity stakes. Source link
CoinStats hack caused by ‘socially engineered’ employee, CEO suspects
CoinStats reveals employee-targeted social engineering attack behind the hack affecting 1.3% of wallets. Source link
State Street teams up with Galaxy, eyeing new ETFs beyond Bitcoin
State Street believes the “next level of growth” will come from investment options offering more than “pure spot” Bitcoin. Source link
Blast token rallies 40% after $2B airdrop debut
The native token of the Ethereum layer-2 Blast has rallied following an airdrop in which 17% of the supply was sent to eligible users. Source link
U.S. government sends 3,940 Bitcoin to Coinbase exchange
Data from Arkham Intelligence indicates the Bitcoin was seized from Banmeet Singh, a convicted drug dealer, during his January 2024 trial. Source link