In Brief Blockchain investigator ZachXBT revealed the theft of $29 million worth of SUI tokens from a major holder on December 12, 2024. The attackers transferred the stolen tokens from Sui to Ethereum using bridging tools and laundered them through Tornado Cash. This incident highlights growing security risks in the blockchain space, particularly as the…
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In Brief AI agents are poised to significantly impact the crypto market by enhancing trading strategies, improving DeFi efficiency, and increasing accessibility for users. Significant challenges include data quality issues, security vulnerabilities, interoperability challenges across blockchains, and the evolving regulatory space. Addressing these challenges early on through collaboration and responsible development is crucial for realizing…
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In Brief TON Foundation plans US expansion, anticipating a pro-crypto regulations under the Trump administration. Leadership changes position Manuel Stotz as president, focusing on growth and innovation in the US market. Despite challenges like declining TVL and token performance, TON aims to enhance utility beyond Telegram’s ecosystem. The TON Foundation is preparing for a major…
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In Brief The Blockchain Bandit, known for exploiting weak private keys, has moved 51,000 ETH ($172M) into a multi-signature wallet. The funds were transferred from 10 dormant wallets last active in 2018, marking the attacker’s reappearance after five years. Experts suggest the move could indicate plans for liquidation, laundering, or funding new exploits, raising concerns…
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In Brief Ink, the L2 blockchain by Kraken, launched on mainnet ahead of schedule, fueled by strong community support and developer enthusiasm. The project focuses on decentralization and interoperability, aiming to push the boundaries of on-chain experiences for users and builders. Ink integrates deeply with Optimism’s Superchain, driving Ethereum scaling and bolstering both platforms’ growth…
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In Brief Google Cloud’s new blockchain partnerships: BNB Chain secures $10 million for developer incentives, ZetaChain gains mainnet validation. BNB Chain’s $10 million fund targets small blockchain developers, Google Cloud allocates credits for AI and Web3-focused MVB projects. Google Cloud validates ZetaChain’s mainnet and testnet, enhancing network trust and boosting security. On Tuesday, two blockchain…
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In Brief Bitcoin saw a sharp drop, hitting below $60,000, following the US July CPI data release on Wednesday. A recent report by Token Terminal analyzed the possibility of BlackRock launching its own blockchain. This week, Binance announced the delisting of six altcoins, causing significant dips in affected tokens. This week, Bitcoin and…
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In a nutshell Gabor Gurbacs notes 2024 blockchain changes from ongoing crypto advancements, reshaping industry elements. On X, Gurbacs matches the digital currency industry wariness to past ETF questions in a $9 trillion industry. Gurbacs expects disturbance with spot Bitcoin ETFs, encouraging a reconsider of present day capital business sectors. Gabor Gurbacs, a counselor at…
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In a nutshell Over 1.4 billion individuals internationally need admittance to fundamental monetary administrations, representing a critical test. PwC report features blockchain’s part in monetary consideration, with a flood in almost 200 stablecoins. The report additionally uncovers that 3.55 billion individuals in creating economies have never taken part in setting aside cash. PricewaterhouseCoopers (PwC) has…
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