Report: Crypto Adoption To Reach 8% by 2025
According to MatrixPort, institutional interest and economic uncertainties are driving the fast global adoption of cryptocurrencies. Global cryptocurrency adoption is nearing a major milestone, with 7.51% of the world’s population now using digital currencies, according to a report from MatrixPort. The report anticipates that this figure will surpass 8% by 2025, indicating a potential transition […]
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 […]
ETher.fi Prevents Domain Account Takeover, Secures User Funds
Ether.fi asserts security updates and partners for preventing a domain account takeover before user funds were taken. Ether.fi, a decentralized finance (DeFi) staking platform, reported that no user funds were compromised following a recent domain takeover attempt. On Sept. 24, the protocol experienced an attempted domain account hijacking through their registrar, Gandi.net. Fortunately, the attack […]
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 […]
Seattle Airport Hack: $6M Bitcoin Ransom for Stolen Files
While the exact data compromised remains unclear, Seattle airport has confirmed the hackers encrypted a portion of the information. The cybercriminals responsible for the data breach that occurred at Seattle-Tacoma International Airport a month ago are now demanding a ransom of one hundred bitcoins, which is equivalent to almost six million dollars. However, it has […]