Based Doge ( BOGE) Faces 91.4M Hack
On May 27, Based Doge (BOGE) platform on the Base network was attacked by a hacker who minted 91 million BOGE tokens and crashed its price. The team has confirmed that May 27 saw an exploitation of the Memecoin protocol Based Doge (BOGE) on the Base network. The team stated that the attack was “identical […]
ENS Plans Layer-2 Migration to Boost Speed, Reduce Gas Fees
Ethereum Name Service (ENS) plans migration to a layer-2 network to help reduce gas fees and accelerate transaction speed on the network. ENSv2 proposes a separation from the Ethereum mainnet to enhance functionality and scalability. On May 28, ENS Labs, the entity responsible for developing the open-source blockchain naming protocol, formally introduced ENSv2. The primary […]
Gopax Reportedly Sells Genesis Creditor Claims at Discount Price
In August 2023, Gopax, a Binance-owned top-five South Korean cryptocurrency exchange by market share, allegedly sold its Genesis creditor claims for half their face value. Hankyung, a local news agency, and Korea Economic Daily reported on May 27 that Gopax owes its consumers a total of 70 billion South Korean won ($51.4 million) for exposure […]
Normie Exploit Leads to Over $1M Loss for Memecoin Trader
Due to the Normie smart contract exploit, a memecoin trader has suffered a financial loss exceeding $1 million in digital assets. According to a May 26 X post by Lookonchain, the memecoin merchant spent over $1.16 million to acquire 11.23 million Normie (NORMIE) memecoins, but his initial investment dropped by over 99% to $150. “He spent $1.16M […]
SBF in Oklahoma Prison Despite Judge’s request
According to inmate records maintained by the Federal Bureau of Prisons as of May 23, Sam Bankman-Fried (SBF) is currently a detainee at the Federal Transfer Center located in Oklahoma City. As per the Office of the Inspector General for the U.S. Department of Justice, the facility temporarily houses detainees pending systemic transfers. Authorities may […]