3+ day, 20+ hour ago   (484+ words) Crypto exchange Hyperliquid is paying traders 500% a year to hold long oil derivatives. Payouts are hourly as an additional reward atop the price appreciation of oil itself which has regained $100 per barrel. Of course, if it sounds too good to…...

6+ day, 3+ hour ago   (539+ words) Blockchain network Harmony Protocol has taken the decision to wind down, worried that “threats posed by state actors and AI agents are too great.” Harmony informed users on Sunday via X that the project, launched in 2019, would migrate to Ethereum,…...

1+ week, 3+ hour ago   (451+ words) Roughly 4,000 BTC, worth about $320 million left Blockstream’s Liquid Federation wallet after it was hacked on Sunday afternoon. Eleven of the federation’s 15 keys signed the transaction, even though the Liquid Network tokens that redeemed the BTC should never have existed. SideSwap,…...

1+ week, 6+ day ago   (359+ words) The Crypto.com-supported Cronos blockchain had to halt and rewind its history this week to stop an ongoing theft due to the Tectonic protocol that Crypto.com had spent months promoting. Tectonic warned users to pause using its protocol altogether....

3+ week, 3+ hour ago   (507+ words) A crypto trader claimed yesterday an update for the FOMO app caused $6 million in crypto losses. In a social media post, they cited an example of someone allegedly losing 662 SOL, worth about $62,000, after opening the iOS app called FOMO. FOMO…...

3+ week, 2+ day ago   (342+ words) The YZi-backed bitcoin restaking firm BounceBit announced today that it is shutting down its blockchain after hackers exploited an authorization vulnerability and stole over $3.1 million of its BB token. BounceBit claims that between August 19 and August 20, attackers were able to…...

3+ week, 3+ day ago   (362+ words) Yesterday, an influencer pretended to suffer a $6 million short liquidation on bitcoin (BTC) to attract followers and clout. The stunt fizzled after some basic fact-checking. Crypto trader Laanie posted fake evidence of a leveraged wipeout long enough to attract a…...

3+ week, 3+ day ago   (288+ words) Blockchain interoperability project LayerZero has lost a dozen partners this year as its ZRO token shed a third of its value. The latest departure, Ethereum node service provider Nethermind, ran one of the verifiers that LayerZero advertised to enterprise users....

3+ week, 4+ day ago   (765+ words) Tether invested $134 million in failing biopharmaceutical firm NovaBay in March, turning it into a stablecoin holding company. The move completely altered the path of the New York Stock Exchange-listed corporation. Its name was changed to Stablecoin Development Corporat, and it…...