Scallop exploit drains 150K SUI, but what about core liquidity and trust?
A security incident disrupted Scallop’s Sui rewards pool recently. Fortunately, however, the damage was contained within a narrow contract layer. The exploit drained about 150K SUI, which pointed to a vulnerability in a side module…
Sen. Tillis Won’t Back Crypto Bill Without Ethics Provision
Republican US Senator Thom Tillis said he won’t support the Senate’s crypto market structure bill unless it includes ethics provisions limiting how White House officials can use crypto.“There has to be ethics language in the bill before it…
MiCA Regime Puts Smaller Crypto Firms Under Pressure as EU Rules Tighten
The European Union’s Markets in Crypto Assets Regulation (MiCA) transition period is entering its final stretch, forcing smaller crypto firms across the EU to either secure authorization quickly or prepare to shut down regulated services.…
Solana Readies Quantum Defense With 3-Step Roadmap and Falcon Implementation
Key Takeaways: Anza and Firedancer independently selected the Falcon post-quantum signature scheme for Solana, with code on Github. Blueshift’s Solana Winternitz Vault has been live for over 2 years and was cited by Google Quantum AI in…
Ethereum Bullish Divergence Signals Strong Buyer Demand as ETH Holds Near $2,300
TLDR:
Ethereum’s Taker Buy Sell Ratio has reached its highest level since late January 2023 on all exchanges.
ETH prices dropped from $4,700 in October to $2,300, while aggressive buyer pressure rose sharply.
Buy orders are…
Ethereum Foundation Unstakes 17K ETH After Nearing 70K Staking Goal
The Ethereum Foundation moved to unwind part of its staking position shortly after nearing its stated goal of 70,000 staked ETH.On Saturday, the Ethereum Foundation unstaked 17,035.326 ETH, worth roughly $40 million, according to Arkham…
Shiba Inu inflows drop by 400B SHIB – Is a breakout possible?
Shiba Inu is beginning to look more stable after a notable shift in market structure. Over the last two days, the amount of SHIB flowing into exchanges has dropped sharply, falling by nearly 400 billion tokens to around 100 billion.…
Aave Deposits Drop by $15B Following Kelp DAO Exploit
Aave, the largest decentralized lending protocol, has seen around $15 billion in deposits withdrawn since the Kelp Dao exploit on Saturday. Total value supplied to Aave fell from $45.8 billion on Saturday to $30.8 billion on Wednesday,…
Adam Back Addresses Satoshi Nakamoto Rumors at LONGITUDE Paris
Blockstream CEO Adam Back, the British cryptographer and inventor of Hashcash, said it’s “flattering” that people think he’s Satoshi Nakamoto and was probably the result of his being a little too “talkative” on the cypherpunk mailing list…
Bitcoin Quantum Threat May Not Be as Serious as Feared, According to Analyst
According to James Check, only 1.716 million Satoshi-era P2PK coins represent a credible target for quantum attacks.
A report by on-chain analyst James Check is…