Bittensor Shutdowns Network Following $8M Exploit
Bittensor was compelled to halt its network activity on July 3 due to a wallet exploit that resulted in the theft of at least $8 million in digital assets. Ala Shaabana, the co-founder of Bittensor, declared the network outage in a post on July 3 to contain the exploit. “By way of an update, we […]
Unhappy Contractor Responsible for Holograph Protocol Hack
According to an internal investigation, a former disgruntled contractor hacked the blockchain tokenization platform Holograph. The Holograph protocol was exploited by a criminal on June 13 to create 1 billion native Holograph (HLG) tokens, which are valued at $14.4 million. Consequently, the value of HGL tokens plummeted by nearly 80% within nine hours of the […]
Bitget Pursues FIU License to Operate in India
Bitget cryptocurrency exchange is collaborating with Indian regulators to secure the necessary license to operate by local regulations. Bitget announced on July 3 that it has been actively discussing with India’s Financial Intelligence Unit (FIU) to obtain Virtual Asset Service Provider (VASP) registration. Simran Alphonso, Bitget’s chief of global communications, informed Cointelegraph that the registration […]
CoinDCX Acquires BitOasis to Enter MENA Market
India’s CoinDCX acquires Dubai’s BitOasis, marking its entry into the MENA region and its first international expansion step. CoinDCX, the largest cryptocurrency exchange in India, has acquired BitOasis, a cryptocurrency exchange situated in Dubai, in order to expand its presence in the Middle East and North Africa region. This represents the initial phase of the […]
Biden’s Dropout Odds Reach 63% on Polymarket
Polymarket users now bet a 55% chance of President Biden dropping out of the race, up from 19% pre-debate and peaking at 63% post-debate. Users are placing bets on a 55% likelihood that President Biden will withdraw from the presidential campaign, as per the crypto prediction platform Polymarket. This substantial increase in odds is particularly […]