Key Takeaways BNB Chain and MetaMask have resolved a glitch that made opBNB’s gas fees appear unusually high. The issue was due to MetaMask’s default minimum recommendation price for gas, which was not aligned with opBNB’s lower gas fees. The corrected algorithm now accurately reflects opBNB’s lower gas fees, offering users fast, cheap, and secure […]
Key Takeaways Hong Kong’s Securities and Futures Commission (SFC) has provided details on its investigation into the unlicensed virtual asset trading platform JPEX. Over 2,000 people have reported being defrauded by JPEX, involving more than HKD 1.4 billion. SFC CEO Leung Fung-yee emphasizes that the incident will not change Hong Kong’s direction in developing a […]
Key Takeaways Crypto.com mistakenly transferred $10.5 million AUD to Thevamanogari Manivel’s bank account in May 2021. The error was discovered in December 2021 during an annual audit. Manivel has been sentenced to an 18-month community corrections order, while her partner, Jatinder Singh, will face a plea trial on October 23, 2023. The Multi-Million Dollar Error […]
Key Takeaways Internal investigation by Cyvers Alerts reveals suspicious transactions involving Mixin Network hacker addresses. Two hacker addresses received 51 ETH from an account that interacted with Huobi Global and Binance. Calls for Huobi Global, Binance, and CZ Binance to help identify the suspicious account. Investigation Unveils Suspicious Funding Cyvers Alerts, a cybersecurity watchdog, recently […]
We leveraged our partner’s ChatGPT and AI machine learning technologies to predict Solana’s future, identifying potential trends for its native SOL token. At present, SOL is trading at less than a tenth of its all-time high of $260, suggesting it may be both oversold and undervalued. This stands in contrast to other major cryptocurrencies like […]
Key Takeaways Total security incidents reported: 7 Estimated financial loss: Approximately $380,600 Notable trend: Increase in phishing attacks and rug pull tactics New attack methods: DNS hijacking, contract vulnerability, and phishing attempts Breakdown of Incidents Phishing Attacks: Unimevbot users were targeted through malicious MEV bot codes on the website. The exact loss remains undisclosed, but […]
Key Takeaways Mixin Network’s cloud service provider database was attacked on September 23, 2023, resulting in a loss of approximately $200 million. Blockchain security firm SlowMist is assisting in the ongoing investigation. Deposit and withdrawal services on Mixin Network have been temporarily suspended. Security Breach and Financial Impact In a significant security breach, Mixin Network’s […]
Key Takeaways Alipay, the Official Prestige Partner of the Hangzhou Asian Games, enabled over 100 million digital torchbearers to participate in the first-ever digital cauldron lighting. The digital torchbearer program was part of the Smart Hangzhou 2022 platform. Alipay’s technology ensured compatibility across 300 types of phones, including those produced 8 years ago. The Ceremony […]
Key Takeaways South Korean lawmaker Yoon Chang-hyun proposes an amendment to scrutinize the criminal records of major shareholders in crypto businesses. The Financial Intelligence Unit (FIU) is also focusing on the eligibility of major shareholders. The amendment aims to bring transparency and regulatory compliance to the crypto market. Legislative Intent On September 15, Yoon Chang-hyun, […]
Key Takeaways Solana has recovered from a 93% market capitalization drop in 2022, showing a resurgence of ~111% year-to-date. Priority fees and network upgrades have improved Solana’s uptime to 100% in 2023. The ecosystem is diversifying with new use-cases like compressed NFTs and AI initiatives. Upcoming developments like Neon EVM and Solang could further bolster […]