DeFi Exchange dYdX Hacked Amid Sale Rumors, Crypto in Turmoil
DeFi exchange dYdX hacked due to vulnerable security measures, resulting in millions lost. The breach coincides with rumors of a potential sale.
Market
MonoSwap Breach Exposes Major Security Flaws and Hackers’ Tactics
MonoSwap's hack led to major liquidity theft after a phishing attack. Security claims are questioned amid rising crypto hacks, including WazirX's $235M loss.
Bitcoin Could Help Slash Government Waste and Stabilize Western Economies, Says Analyst
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Bitcoin
Bitcoin
Brian Armstrong views Bitcoin as a crucial defense against the U.S. debt crisis, addressing Balaji Srinivasan's concerns about imminent economic risks.
BlackRock Leads with $267M Inflow as US Ether ETFs See Strong Launch
U.S. Ether ETFs debut with $107M net inflows, highlighting strong investor interest and mainstream crypto demand beyond Bitcoin.
RiskLayer Secures Funding to Enhance DeFi Security with AVS Technology
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DeFi
DeFi
RiskLayer secures pre-seed funding to develop DeFi security middleware on EigenLayer, enhancing risk management with innovative AVS technology.
Russia Approves Crypto Payments for International Trade, Mining Regulations to Follow
Russia's parliament advances a bill for crypto trade and considers mining legalization by September 2024, amid energy consumption concerns.
Ferrari Expands Crypto Payment Options to European Dealers Starting July
Ferrari expanding crypto payments to Europe, enabling customers to buy cars with cryptocurrency starting end of July.
Mt. Gox Moves $2.5B in Bitcoin, Surpasses 40% Repayment Mark
Mt. Gox has moved $2.5 billion in Bitcoin to an unknown wallet, surpassing 40% repayment to creditors amid ongoing transactions.
U.S. Ethereum ETFs Debut with Impressive $106.6M Inflow Despite Market Volatility
Ethereum ETFs saw a $106.6M inflow on their debut day, led by BlackRock. However, Grayscale's Ethereum Trust faced significant outflows.
India’s Budget Snubs Crypto Industry, Government’s Tough Stance Remains
India's 2024-25 budget sidesteps the crypto industry, maintaining high taxes and causing declines in trading and user activity.
Toyota Explores Ethereum Blockchain for Vehicle Innovation and Value Boost
Toyota explores Ethereum blockchain to enhance vehicle value, proposing the ERC-4337 standard and supporting EIP-7702 for smart contracts.
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