Immunefi: Crypto Hackers Steal Over $1.2 Billion in 2024
Crypto hackers have stolen over 15.5% more in 2024 than in the same period last year. Cryptocurrency hackers have now stolen over $1.2 billion in 2024, following recent breaches in August, raising further concerns about the security of widespread crypto adoption. According to a report by Immunefi shared with Cointelegraph, the crypto industry has lost […]
Base Hits 1M Users as Basenames Surges
Currently, Base maintains 1.03 million daily active addresses, surpassing other protocols like Arbitrum and Linea. The network of Coinbase’s layer 2 There has been a significant increase in the number of new “basenames” registered on the blockchain, which has led to Base surpassing the milestone of one million daily active addresses. Base has only reached […]
Vitalik Buterin Highlights Ethereum Robustness As Supermajority Risk Subside
Vitalik Buterin emphasized Ethereum’s low supermajority risk, stating that no execution client surpassed 66.6% market share. Vitalik Buterin, Ethereum’s co-founder, recently pointed out an important feature of the network’s strength: no single execution client on Ethereum has over two-thirds market share. He considers this “great news” for Ethereum’s Layer 1 network. This statement aligns with […]
Ripple Launches RLUSD Minting on Ethereum, XRP Ledger
RLUSD has the potential to impact the XRP price, drawing parallels with past stablecoin launches on other networks like TRON. Ripple has announced the start of its USD-pegged RLUSD stablecoin minting on both the Ethereum mainnet and the XRP ledger. So far, the blockchain firm has produced 385 RLUSD on the aforementioned networks. Ripple Mints […]
Orbiter Finance Reports 20,000 ETH Annual Revenue
Orbiter Finance has processed over 24 million transactions with a total volume exceeding $16 billion. Orbiter Finance, a decentralized cross-chain Layer 2 protocol, has reported that its cross-chain bridging protocol generated 20,000 ETH in revenue over the past year. Orbiter Finance Surpasses 24M Transactions Orbiter Finance has processed more than 24 million transactions, with a […]