Arbitrum DAO Approves Proposals to Activate Token Staking
The idea to provide a staking mechanism for ARB tokens has received approval from the Arbitrum community. In order to “incentivize long-term token holders,” PlutusDAO has proposed developing a staking contract for ARB tokens, and Arbitrum DAO voted in support of that idea. The proposal snapshot shows that more than 66.7% of respondents favored creating […]
Monero’s Community Wallet Loses All Funds After Attack
A security breach has occurred in Monero’s community crowdfunding wallet, causing the whole balance of 2,675.73 Monero—roughly $460,000—to be lost. The privacy coin wallet was attacked on September 1st, however it was made public on November 2nd on GitHub. The organization claims that the breach’s origin is still unknown and is being looked into. The […]
Aave v2 Ethereum Market Halts Amid Issue Probe
Aave, a DeFi lending protocol, has swiftly suspended several markets after discovering a feature glitch. On November 4th, the problem was discovered and it affected a number of networks, including the Aave V2 Ethereum Market and a few assets on the Avalanche and V2 platforms. Moreover, Polygon, Arbitrum, and Optimism networks have all undergone comparable […]
Himachal Crypto Scam: SIT Arrests 8 More, Including 4 Cops
The Special Investigation Team (SIT) in Himachal Pradesh has arrested 8 more people, including 4 police officers, in connection with a massive cryptocurrency scam worth Rs 2,500 crore. The scam has affected over 1 lakh people, including 5,000 government employees. The Special Investigation Team (SIT) in Himachal Pradesh has continued its crackdown on a huge […]
Nansen Reports NFT Sales Volume Soars to $129M in November
Nansen, a blockchain analytics company, reported that NFT sales volumes reached 68,342 ETH, worth over $129 million in the week ending Nov. 6. Nansen noted in a post on X (formerly Twitter) that NFT sales totaled 29,704 ETH during the week ending October 9, equivalent to approximately $56 million at current ETH market prices. Weighing […]