EigenLayer says $5.7M hack ‘isolated’ incident, no vulnerability on protocol
EigenLayer said that some of the stolen funds have been frozen as part of ongoing recovery efforts.
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GPU prices are still on a decline: Is Bitcoin’s sorrow gamers’ joy?
The prices of graphics processing units (GPUs), also known as graphics cards, are undoubtedly still a far cry from the manufacturer’s suggested retail price (MSRP). However, they aren’t what they used to be either, especially considering what GPU prices looked like just a year ago.For instance, the price of a GPU from Nvidia GeForce RTX…
How to resurrect the ‘Metaverse dream’ in 2023
by Jillian Godsil 12 min January 17, 2023 Forget about 2022 — eight platform founders outline why this year, the metaverse will come into its own. 2022 was the year the wheels fell off the metaverse bandwagon, which had been the most hyped narrative as the year began. By far the worst-performing sector in blockchain,…
Yield-bearing Treasury-backed stablecoin USDY launches on Aptos
Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization.
Financial group CEO claims he tried to warn Bankman-Fried about insolvency in July
Richard Handler alleged that he offered restructuring services to FTX that might have saved it, but exchange reps refused to meet with him. 202 Total views 2 Total shares Richard Handler, CEO of Jefferies Financial Group, seemingly alleged on Nov. 10 that he knew about FTX’s liquidity problems back in July. In a Twitter thread,…
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
South Korea’s Telecom Giant KT Launches DLT-Powered 5G Brand to Prevent Hacks
KT Corporation, South Korea’s largest telecom firm, has launched its blockchain-powered fifth-generation (5G) network brand, local news agency The Korea Times reports on April 16.Called “GiGA Chain,” the brand intends to boost the security of Internet-of-Things (IoT) devices and to protect them from cyberattacks, the report says.As a part of the new brand, KT developed…
TrustToken Launches Stablecoin Backed by Canadian Dollar
TrustToken has released its latest stablecoin, TrueCAD, on May 1, 2019. The latest in TrustToken’s line of fiat-backed stablecoins, its value is linked to the Canadian dollar.TrustToken has also created a number of other stablecoins, such as TrueUSD (U.S. dollars), TrueGBP (British pounds) and TrueAUD (Australian dollars); each of these backed at a purported 1:1…
Bitfinex Attempts to Recover $880 Million in New Court Filing
IFinex, the parent company of major cryptocurrency exchange Bitfinex filed a discovery application to regain access to $880 million in funds. Discovery is a law allowing each party to obtain evidence from the other party or parties through the law of civil procedure before the actual trial. According to the application and supporting declaration by Bitfinex…