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The Blog

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

Hacker behind $2M crypto heist receives job offer from victim protocol

Flyhightechno September 27, 2024News

Despite losing $2 million in a smart contract exploit, Bedrock offered the hacker a role to help secure its protocol and recover stolen funds. Source link

$1.1B TIA token release to push October’s crypto unlocks to almost $2B

Flyhightechno September 27, 2024News

Celestia tokens worth $1.1 billion will be unlocked on Oct. 31, while $300 million in Cheelee tokens will be released on Oct. 10.  Source link

Liquid restaking protocol Bedrock suffers $2M exploit

Flyhightechno September 27, 2024News

Bedrock says the root cause of the exploit has been “handled” and reassured users that all remaining assets were safe.  Source link

Worldcoin fined again! Crypto store clerk runs off with $500K cash: Asia Express

Flyhightechno September 27, 2024News

Worldcoin fined over privacy rules in South Korea, Hong Kong crypto trading store clerk scarpers with customer’s $500K in cash: Asia Express. Source link

Ethena to launch new stablecoin backed by BlackRock’s BUIDL

Flyhightechno September 27, 2024News

Ethena’s synthetic stablecoin USDe can benefit from incorporating UStb during periods of weak funding conditions, Ethena Labs said. Source link

Worldcoin fined again! Crypto store clerk runs off with $500K cash: Asia Express

Flyhightechno September 27, 2024News

Worldcoin fined over privacy rules in South Korea, Hong Kong crypto trading store clerk scarpers with customer’s $500K in cash: Asia Express. Source link

Avalanche to reward devs building layer-1 chains with $40M grant

Flyhightechno September 27, 2024News

An Avalanche spokesperson told Cointelegraph that the grant program will reward developers who create layer-1 chains and critical tools on the Avalanche9000 testnet. Source link

Despite WazirX, Q3 crypto hack and scam losses fell to $413m YOY

Flyhightechno September 26, 2024News

Losses from scams and hacks in Q3 declined by 40% compared to the previous year, but CEX hacks still pose a problem for the industry. Source link

Wrapped Bitcoin supplied on Aave hits record high despite backing fears 

Flyhightechno September 26, 2024News

WBTC is still the most popular Bitcoin wrapper, with nearly $10 billion in TVL, according to DefiLlama. Source link

Hamster Kombat token price plunges on exchange debut

Flyhightechno September 26, 2024News

Amid Hamster Kombat officially listing on exchanges such as Binance and HashKey, the HMSTR token has been plummeting. Source link

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