Sturdy Finance loses $800K In Oracle Attack
Sturdy Finance, a decentralized lending platform, lost $800,000 in a security breach on Saturday. An unidentified hacker exploited a reentrancy vulnerability and manipulated a faulty price oracle to drain funds from the Protocol. Sturdy Finance, a decentralized lending platform, suffered a major security breach on Saturday, losing 442 ether (ETH), worth about $800,000 at the […]
Andreessen Horowitz Expands Crypto Presence With London Office
Andreessen Horowitz, a leading U.S. venture capital firm and cryptocurrency investor, announced on Sunday that it would open its first international office in London later this year. The move comes amid increased regulatory scrutiny of the crypto sector in the U.S. The London office will be part of the firm’s a16z crypto fund, launched in […]
AliExpress to Launch 5,555 NFTs with The Moment3
AliExpress is launching 5,555 non-fungible tokens (NFTs) sales in collaboration with The Moment3 on June 25. The company disclosed the partnership via its official Twitter handle on Thursday, June 8. Although AliExpress deleted the post shortly after posting it, Twitter users can still view it on The Moment3’s account. The partnership project marks another step […]
Exodus Wallet Boosts Profitability In Q1 2023
Exodus Wallet has released its Q1 2023 financial results, revealing a decline in revenue but a boost in adjusted EBITDA due to increased transactions and disciplined spending. The company also launched its dApp browser in Exodus Mobile, enabling users to access Web3 features from their mobile devices. Exodus reported a revenue of $19.4 million in […]
Binance.US to go ‘Crypto-Only’ as Banking Partners Cut Ties
Binance.US will stop USD deposits, withdrawals, and trading pairs by June 13 due to its banking partners suspending USD services in response to the SEC lawsuit against Binance. The exchange will transition to a ‘crypto-only’ platform until new partners are found. Binance.US, the US affiliate of the world’s largest cryptocurrency exchange Binance, has announced that […]