The hacker’s vaults show that Oasis sent 120,695 wstETH and 3,213 rETH to Jump Crypto on February 21. (Read More)
Machi Big Brother’s recent NFT sell-off
Machi Big Brother, the NFT whale, discharged 90 BAYC, 191 MAYC, and 308 Otherdeed NFTs, among others. (Read More)
G20 Discusses Crypto Regulations Under India Presidency
G20 members reviewed technological advancements and dangers during the FMCBG conference on Feb. 24–25. (Read More)
Two suspects have been arrested by the French police in connection with Platypus
French authorities apprehended two individuals in Platypus’ $9.1 million exploit. (Read More)
Axelar Network launches Axelar Virtual Machine
Axelar Network took to Twitter to announce the launch of the Axelar Virtual Machine. The objective is to boost the widespread adoption of Web3 by enabling developers to architect decentralized applications and deploy them all over the Web3 segment. The Axelar Virtual Machine is based on the mechanism of programmable interoperability to scale the interchain. […]
Solana Network Experiences Slowdown in Block Production Following Upgrade
After validator software update, Solana network block generation slowed on Feb. 25. (Read More)
ChangeNOW blocks $1.5M in suspicious transactions linked to supposed Algorand hacks
Non-custodial crypto exchange ChangeNOW reported that it stopped suspicious ALGO and Algorand-based USDC transactions totaling about $1.5 million, safeguarding them for further investigation. ChangeNOW’s anti-money laundering and risk-prevention system blocked $1.5 million in suspicious transactions in ALGO and USDC on February 19. ChangeNOW identified them as associated with reported Algorand exploits that resulted in over […]
DCG records over $1b loss in 2022 amid crypto collapses
Digital Currency Group (DCG), a venture capital conglomerate with subsidiaries including Genesis and crypto news publication Coindesk, recorded over $1 billion loss in 2022, majorly as a result of Three Arrows Capital’s collapse which impacted Genesis. According to the report…
Robinhood Subpoenaed Over Crypto Listings and Custody
Reading Time: 2 minutesRobinhood was subpoenaed by the SEC last year over its listing criteria and crypto storage The exchange didn’t reveal any more details about the demand Robinhood was fined $30 million last year for various failings Robinhood has revealed in a Securities and Exchange Commission (SEC) filing that it was issued with a […]
Solana Founder Defends Platform’s Approach To Security & Performance Amid Recent Outages
Solana, a blockchain platform that promises high throughput and low fees, has come under fire in recent weeks for a series of outages that have raised concerns about its reliability. However, Solana founder Anatoly Yakovenko has explained that the outages were not due to a design flaw but rather to the platform’s unique approach to […]