Decentralized Protocol OpenLeverage Suffers Multiple Hacks, Losing $230K: Report
Permissionless lending and margin trading protocol OpenLeverage has reportedly fallen victim to multiple hacks draining $230K worth assets. The hacks were flagged by blockchain security Cyvers Alerts on X (Twitter). Per the post, the losses incurred is around $230,000 worth crypto
Binance Exec Staged Elaborate Escape, May Have Evaded Flights: Nigerian Official
Binance executive Nadeem Anjarwalla absconded from Nigerian custody in February after his arrest. At the time, he was detained along with American colleague Tigran Gambaryan on accusations of misconduct related to the exchange. In a Sunday interview with a local media
How Republicans texted and emailed their way into a money problem
In the years after Donald Trump lost the presidency to Joe Biden, Trump sent so many emails and text messages asking for money that Republican consultants warned his mailing lists could become useless. The former president’s friends told him that
Democrats spar over registration as worries over young and minority voters grow
A confidential memo circulated among top Democratic donors has sparked a furious debate in Democratic circles about whether to narrow the focus of voter registration efforts to avoid signing up likely Republicans. For decades, nonpartisan groups allied with the Democratic Party
Prisma Finance Works Toward Exploit Recovery, $540K Vulnerable
Prisma Finance is actively responding to a recent security breach that led to a loss of $11.6 million, focusing on a recovery strategy. According to a forum post by core contributor “Frank,” the decentralized finance (DeFi) protocol Prisma Finance has outlined
Tron’s Parent Company Seeks Dismissal of SEC Lawsuit, Citing ‘Predominantly Foreign Conduct’
The entity behind the layer-1 blockchain Tron has requested the dismissal of a lawsuit filed by the United States Securities and Exchange Commission (SEC) against it, arguing that the regulator’s focus on “predominantly foreign conduct” goes beyond its jurisdiction. In a dismissal
Arthur Hayes Believes Memecoins Could Net Positive for Blockchains Despite Criticisms
Crypto derivatives exchange BitMEX co-founder Arthur Hayes has a positive outlook on memecoins, which he believes would add value to the crypto sector. Speaking with Real Vision founder Raoul Pal, Hayes argued that memecoins bring attention to the value of blockchains.
China Expands Digital Yuan Accessibility Through Hardware Wallet Integration
The Qingdao branch of the Bank of China (BOC) has rolled out a new payment option for Qingdao’s metro transit system through digital yuan hardware wallets. According to the local news outlet Dazhong, this initiative introduces a “deferred payment” system that
Binance CEO Richard Teng Visited South Korea to Address Market Entry Challenges: Report
Binance CEO Richard Teng has reportedly made a secret visit to South Korea in an effort to directly engage with domestic financial authorities and find a resolution to the hurdles facing the company’s entry into the Korean market. According to a recent report
Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading
Polygon Labs CEO Marc Boiron has lashed out at Layer 3 (L3) networks on the Ethereum blockchain, claiming they are unnecessary for scaling the network and only serve to drain value from the mainnet. In a recent post on X, Boiron expressed