After being exploited for $4.3 million in May, Alex Lab reveals they have since found “substantial transaction evidence” pointing the attack to North Korea’s Lazarus Group. Source link
Blockchain developer warns of centralization risks as crypto AI race intensifies
The Kip Web3 AI base layer previously closed an undisclosed funding round from Animoca Brands in April. Source link
Iranian officials decry blockchain game 'Hamster Kombat' as soft power tool
The deputy chief of the Iranian military claimed the game was a way of distracting Iranians from the country’s upcoming presidential elections. Source link
Why is Bitcoin DeFi blooming? Developers share their insights
Experts say that the lack of base yield and fragmented liquidity have made Bitcoin DeFi a challenging environment to navigate. Source link
President of Jump Crypto steps down
Kanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022. Source link
How DePIN is poised to disrupt the cloud computing industry: Report
Cointelegraph Research uncovers how DePIN networks and SwanChain’s ecosystem are changing the cloud computing industry. Source link
European Central Bank releases first CBDC progress update
The ECB promised pseudonymization and independent audits of the CBDC system to calm consumer fears of tracking. Source link
Big banks rush in to test ECB’s wholesale distributed ledger tech
The new participants in the European Central Bank’s DLT tests include major financial institutions. Source link
MetalCore Closed Beta 3 introduces NFTs and Web3 integration
MetalCore’s CB3 launches on June 27. It integrates NFTs and SHARDS, a new offchain currency, and aims to appeal to both Web2 and Web3 gamers. Source link
Tether halts USDT minting on Eos and Algorand
Tether discontinues support for the Eos Network and Algorand implementations of its flagship stablecoin USDT. Source link