Mixin Network suspended all deposits and withdrawals and will restart the services “once the vulnerabilities are confirmed and fixed.”
Mixin network loses $200M in attack of its cloud provider
Decentralized protocol Mixin Kernel reported a loss of approximately $200 million in digital assets due to a security breach at an unnamed cloud services provider. The breach occurred on Sept. 23 and was confirmed in a Sept. 25 post on social media platform X (formerly Twitter). The network’s team said it had engaged Google and […]
VeChain (VET) is Teaming Up with AT&T, T-Mobile, and Verizon to Conquer the Billion-Dollar Future Market
VeChain joins forces with telecom giants for a bigger slice of the blockchain market. An influential presence in upcoming connectivity event signifies VeChain’s escalating market reach. Drawing insights from our recent coverage on VeChain’s ascendancy in the blockchain realm, a pertinent update has emerged that underscores its market trajectory. As iterated in a recent tweet […]
Bitcoin Flashing Relative Strength Against Stock Market Despite Deteriorating Macro Conditions: Analytics Firm
New data from IntoTheBlock reveals that Bitcoin (BTC) is showing relative strength against the stock market amid declining macroeconomic conditions. In a new article, Lucas Outumuro, the analytics firm’s head of research, says that the crypto king’s price action last week has been “remarkable” while the stock market tumbled. “As expected, the Federal Reserve did […]
New Jersey Senator Bob Menendez, an Enemy of Crypto, Indicted for Corruption
In a stunning turn of events, New Jersey Senator Bob Menendez, a prominent figure in the Democratic Party, finds himself at the center of a federal corruption scandal. This indictment not only tarnishes his political career but also underscores his stance as a vocal critic of cryptocurrency. The Corruption Charges The federal corruption charges against […]
CZ Responds to FUD Surrounding EU Delists of Stablecoins
Changpeng Zhao (CZ), the CEO of Binance, has addressed the concerns and uncertainties surrounding the potential delisting of stablecoins in Europe due to the upcoming MiCA bill. In a recent social media post, CZ clarified the situation and provided insights into Binance’s stance on the matter. The MiCA (Markets in Crypto-Assets) bill, which was finalized […]
Wemade launches Drops NFT auction service on WEMIX PLAY
Game NFTs and special NFTs will be available through English Auction on Drops NFT auctions for new games Melting Earth, Ballies and Yield KingZ, will be held sequentially until Thursday, October 12th Leading South Korean game developer Wemade today launched the new Drops NFT auction service on its WEMIX PLAY global blockchain gaming platform. Drops […]
Mixin Network Faces $200 Million Loss in Attack, XIN Token Plummets 10%
In the latest cyber attack to hit the DeFi space, the Mixin Network’s cloud service provider database was recently compromised. The exploit has resulted in an estimated loss of assets worth approximately $200 million on the mainnet and, subsequently, the value of Mixin’s Native Token plummeting by almost 10%. Mixin’s Team Responds Following Attack Mixin’s […]
Why Anthony Scarmucci Is Bullish on Bitcoin Despite Bear Market
Despite Bitcoin’s tumultuous ride in the market and its significant drop from its 2021 November highs, Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications chief, remains an unwavering advocate for the leading cryptocurrency. Speaking at the Messari Mainnet conference in New York, Scaramucci shared his insights on why he maintains his […]
Alipay Facilitates First Digital Cauldron Lighting in Asian Games History
Alipay, the digital payment giant and Official Prestige Partner of the Hangzhou Asian Games, has made history by supporting over 100 million digital torchbearers in the first-ever digital cauldron lighting ceremony. The initiative was part of the Smart Hangzhou 2022 platform, a one-stop digital service for the Games. Alipay’s technology ensured that even phones produced […]