Analyst Warns of Altcoin Correction After Q4 Rally
While some analysts anticipate a significant altcoin rally, others warn of a possible correction. DeUp until now, Bitcoin has led the current cryptocurrency market cycle. Only a few alternative currencies have seen any movement, and while some analysts believe that alternative cryptocurrencies are poised for a significant rally, others warn that there may be a […]
Onyx to Close Ethereum-Based Lending Market, Relaunch Onyx Core
Following a $3.8 million attack on a well-known security vulnerability, Onyx intends to relaunch its governance-focused financial network with full community support. After suffering a $3.8 million loss in a hack on September 27, which exploited a known but unaddressed security vulnerability, decentralized finance (DeFi) protocol Onyx gained community approval to relaunch its open-source, permissioned […]
Telegram Wallet Temporarily Suspended for UK Users Amid Restructuring
Telegram users in the United Kingdom are also barred from using the platform’s in-app wallet due to financial regulations. Telegram Wallet will be temporarily restricted for users in the United Kingdom due to a corporate restructuring. According to a Sept. 25 announcement, the wallet will be available again after the company registers as a crypto […]
Crypto Lender Shezmu Recovers Hacked Funds via Negotiation
Shezmu negotiated with a hacker to retrieve over $5 million in stolen crypto and increase the bounty. Utilizing the Yield Protocol, Shezmu recovered nearly $5 million in stolen funds within hours after successfully negotiating with the hacker. On September 21, Chaofan Shou, co-founder of blockchain analytics firm Fuzzland, alerted the public to a compromised storage […]
Kujira Team Develops New THORChain App Layer After ‘Rujira’ Merge
DeFi project Kujira partnered with three ecosystem partners to build THORChain’s app layer with a new token. The decentralized finance (DeFi) network Kujira, along with several of its key ecosystem projects, has decided to merge into a single entity called the “Rujira Alliance.” This new entity aims to create an application layer for THORChain’s cross-chain […]