Blockchain

The FBI has confirmed that North Korean hackers were behind the $100 million cryptocurrency theft from Harmony’s Horizon Bridge last June. The cybercriminal group known as Lazarus Group, backed by the North Korean regime, carried out the audacious digital heist. The announcement verifies earlier findings by blockchain analysis firm Elliptic, the first to link the […]

Solana developers have released a new software update, version 1.17.31, which is now recommended for general use by mainnet validators. This update aims to tackle the congestion issues caused by the surge in meme coin trading activity on the network. The v1.17.31 release is now recommended for general use by MainnetBeta validators. This release contains […]

Bitfinex Securities revealed today its intentions to initiate a tokenized debt offering to raise $6.25 million. This capital will be used to develop a Hampton by Hilton hotel complex at El Salvador’s international airport. The company, Bitfinex Securities El Salvador S.A. de C.V., is a major player in tokenized securities. Businesses leverage the blockchain to […]

In an April 3 report, analysts from investment management company VanEck forecasted Ethereum‘s Layer-2 protocols will hit a market capitalization of $1 trillion by 2030. VanEck’s prediction is based on the significant growth and impact of L2 technologies on Ethereum’s performance and scalability. The company’s senior digital assets investment analyst Patrick Bush and digital assets […]

Ethereum restaking could form the ‘bedrock’ for a wide range of new decentralized applications on the blockchain. However, it could also introduce several new hidden risks, says Coinbase. In a research report released on April 2, analysts David Han and David Duong from Coinbase outlined various risks associated with restaking and issuing liquid restaking tokens […]

The Tron Foundation, the entity behind the layer-1 blockchain Tron, has filed a motion in a New York federal court to dismiss a lawsuit brought against it by the United States Securities and Exchange Commission (SEC). The Foundation argues that the SEC’s case targets “predominantly foreign conduct” beyond the regulator’s jurisdiction. In its March 28 […]

Data from a Dune Analytics dashboard created by Hildobby, which tracks Ethereum staking progress, shows that the total number of validators on the Ethereum blockchain reached the one million mark on March 28. These validators have staked over 32 million of Ether, valued at approximately $114 billion based on current market prices. This amount constitutes […]

In a strategic business decision, Coinbase’s crypto exchange is now running half of its Ethereum validators on the new software. This is intended to prevent the Ethereum blockchain from being jeopardized by fatal flaws. It also symbolizes a large step forward in the journey to provide more options for execution clients on the Ethereum platform. […]

In a significant move that underscores its commitment to fostering innovation in the blockchain space, Binance Labs, the venture capital and incubation arm of the global cryptocurrency exchange Binance, has announced its investment in StakeStone. The strategic partnership marks a pivotal moment for developing omnichain liquidity networks, promising to enhance liquidity distribution across emerging blockchain […]