XION Blockchain to Adopt Circle’s USDC as its Primary Currency
Following the strategic partnership with Circle Ventures, XION will make USDC its main medium of exchange. Burnt, a web3 developer of the XION blockchain, announced the opening of its public testnet for XION, a layer-1 network centered on “tangible use cases.” In addition to introducing the testnet, Burnt disclosed that it had previously entered into […]
Stars Arena Confirms Protocol Exploit
Friend Tech’s rival company, Stars Arena has acknowledged the protocol attack that depleted more than 266,000 AVAX tokens. Recently, Stars Arena, the Avalanche-based adversary of social protocol Friend Tech, confirmed a protocol vulnerability. This led to the astounding loss of 266,103 AVAX tokens, valued at almost $2.88 million. The blockchain ecosystem and the safety and […]
Smart Contract Vulnerabilities – Exploits, Attacks, and Security Audits
In blockchain and cryptocurrencies, smart contracts are the backbone of trustless automation. These ingenious self-executing agreements have reformed how we transact but aren’t invincible. Like any other technological marvel, smart contracts have vulnerabilities that clever attackers can exploit. In this article, we’ll journey through smart contract vulnerabilities, exploring the exploits that menace them, the attacks […]