How Did The Rain Solana Card Exploit Affect Tria Users? Crypto finance platform Tria has reimbursed 636 users who lost a combined $431,945 from card balances after a vulnerability in card issuer Rain’s Solana infrastructure allowed unauthorized withdrawals.Tria said every affected customer received a full refund plus an additional 10%. If applied directly to the
What Did Polygon Fix in the Austin and Kyoto Hard Forks? Polygon has disclosed a series of previously private security vulnerabilities affecting its proof-of-stake network after fixes were deployed through two coordinated hard forks.The vulnerabilities affected Polygon’s Bor and Heimdall clients and included denial-of-service risks, validator resource exhaustion and weaknesses involving checkpoint and milestone processing.
How Did The Cosmos EVM Exploit Work? Attackers exploited a critical flaw in shared Cosmos software across six blockchains between Aug. 20 and Aug. 25, converting stolen tokens into about $5.7 million of other assets and exposing weaknesses in how security fixes were communicated to networks using Cosmos EVM.Cosmos Labs said approximately $2.87 million of
Why Did Fogo Halt Its Blockchain? Layer 1 blockchain Fogo halted its mainnet on Saturday after an attacker obtained 400 million FOGO tokens, escalating its response roughly 15 hours after the Fogo Foundation initially said the underlying network was unaffected by the security incident.The affected tokens represented about 4% of FOGO’s 10 billion-token genesis supply
Are Early Bitcoin Holders Starting To Sell? Six Bitcoin wallets that had remained untouched for more than a decade moved a combined 553.59 BTC worth about $40 million between Aug. 16 and Aug. 26, reviving questions over whether some of the cryptocurrency’s earliest holders are beginning to cash out.The wallets were last active between 2011
What Is Happening With HBAR Transfers On Coinbase? Coinbase is working to restore normal Hedera transfers after some customers experienced delays sending and receiving HBAR, while trading and fiat services remain unaffected.The cryptocurrency exchange first acknowledged the disruption at 10:04 p.m. PDT on Aug. 28, saying users could experience delayed HBAR sends and receives. Coinbase
What Does The New Algoz OTC Desk Offer? Quantitative digital asset trading firm Algoz has partnered with Evendough Holdings Ltd. to launch an over-the-counter cryptocurrency trading desk aimed at corporations, financial institutions, family offices and eligible high-net-worth investors.The service combines Algoz’s algorithmic liquidity aggregation and execution technology with settlement and custody infrastructure arranged through Evendough.
Why Is Bullish Financing GPU-Backed Loans? Crypto platform Bullish is extending a $100 million debt facility to USD.AI, putting onchain capital behind loans secured by the graphics processing units that power artificial intelligence infrastructure.The financing gives USD.AI additional liquidity to originate loans against GPUs and other high-performance computing equipment. Rather than requiring borrowers to pledge
How Will Bybit’s New Perpetual Options Work? Bybit is preparing to launch options tied to stock perpetual contracts, extending the crypto derivatives model further into markets traditionally dominated by equity brokers and regulated options exchanges.Beginning Sept. 17 at 8 p.m. UTC, users will be able to trade options linked to Nvidia and SpaceX perpetuals under
Why Is SBI Investing $270 Million In Ajaib? SBI Holdings plans to acquire a $270 million stake in Indonesian online brokerage Ajaib Group before the end of August, extending the Japanese financial group’s push to build a regulated digital asset network across Southeast Asia.The investment gives SBI a foothold in one of the region’s largest