An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield.
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Month: February 2023
Lack of liquidity mitigated damages to BonqDAO exploit: Report
After amassing $120 million in tokens through an infinite-minting glitch, hackers reportedly only cashed out around $1 million due to a lack of liquidity on […]
Tether CTO Paolo Ardoino on taking the bull by the horn
Stablecoins may have suffered an identity crisis in 2022, but Tether chief technology officer Paolo Ardoino is bullish about the utility the sector provides.
Japanese Prime Minister says DAOs and NFTs help support government’s ‘Cool Japan’ strategy
Fumio Kishida said there were “various possibilities for using Web3” in Japan and has previously supported blockchain-based initiatives for authorities using digital solutions.
Samsung’s Bitcoin ETF, $700M bust, Coinbase exits Japan: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Samsung’s new Bitcoin ETF On Jan. 13, Samsung Asset Management, a […]
5 altcoins that produced double-digit gains as Bitcoin price rallied in January
Bitcoin’s strong monthly performance translated to outsized gains in APT, GALA, T, MANA and SOL, making them the top performing altcoins in January.
Chinese Communist Party officials issue KPIs for e-CNY transactions in Suzhou
CCP officials want to see the e-CNY surpass $300 billion in transactions in 2023 through promotional efforts.
Why are Bitcoin and crypto pumping after the Fed meeting? Watch Market Talks live
Join us as we discuss BTC’s recent price rally, especially after the latest United States Federal Reserve meeting.
Senate Banking Committee’s priorities for new Congress include crypto: Report
Senator Tim Scott, who became the committee ranking member following the departure of Pat Toomey, reportedly plans to make a crypto regulatory framework a priority […]
What crypto hodlers should keep in mind as tax season approaches
Filing crypto taxes can be complex, especially for those exploring the decentralized finance world. Here’s what to keep in mind.