Key takeaways: After six weeks of waiting, Tigran Gambaryan, a senior executive of Binance, finally had his day in a Nigerian courtroom, where he pleaded not guilty to money laundering charges However, he was remanded to prison to await trial,…
DYdX Chain, the backbone of the perpetual futures exchange dYdX, encountered a significant outage on Monday due to a scheduled upgrade to its v4 version. Lasting for over nine hours, the disruption was attributed to a critical bug that led…
Key takeaways: A highly anticipated trial commenced in a New York federal court , focusing on Avraham Eisenberg‘s alleged involvement in a $116 million exploit of Solana-based DeFi exchange Mango Markets. Originally scheduled for December 4, 2023, the trial was…
Key takeaways: The European Securities and Markets Authority (ESMA) has recently sounded alarms regarding Maximum Extractable Value (MEV) in the crypto market, raising the specter of potential market abuse. MEV, a practice where blockchain operators manipulate transaction orders to boost…
Key takeaways: Ripple, the creator behind the XRP ledger, has recently announced its upcoming launch of a stablecoin pegged to the US dollar. Set to debut later this year, Ripple’s stablecoin will be available on both the XRP ledger and…
Key takeaways: In the ever-evolving landscape of blockchain technology, issues and challenges are not uncommon. The recent discovery of an issue within the smart contracts of the Lido protocol on the Solana blockchain has left many users grappling with the…
Key takeaways: A recent report from Coinbase has shed light on the rapidly growing restaking sector within Ethereum’s DeFi ecosystem, while also highlighting potential risks accompanying its expansion. As Ethereum shifted to a Proof-of-Stake (PoS) network post-The Merge event in…
Key Takeaways: Vitalik Buterin Unveils Ethereum’s Ambitious Plans for Streamlining and Strengthening Blockchain Infrastructure The co-founder of Ethereum, recently outlined the next steps in enhancing the Ether blockchain, focusing on reducing resource load and simplifying the protocol. The roadmap, shared…
Key takeaways: In the dynamic landscape of decentralized finance (DeFi), where innovation meets vulnerability, the recent hack of Prisma Finance has sparked intense scrutiny and raised pivotal questions about security, responsibility, and the nature of hacker intervention. On March 28,…
Key takeaways: Bitfinex, a prominent cryptocurrency exchange owned by iFinex, recently faced operational challenges leading to a temporary suspension of trading. The exchange disclosed issues with platform performance and announced a halt via social media, assuring users of ongoing updates…
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