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Many users have inadvertently left a total of $27 million on the Polygon Bridge, likely due to missing the “claim” step when transferring funds back to Ethereum. The funds in question are on the bridge between Ethereum and Polygon, which allows users to move assets between the two chains. When
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Mercurial Finance, a DeFi exchange providing stablecoin liquidity on Solana, is relaunching with a new token, MET, to replace MER in a bid to distance itself from the fallout of FTX. This move is part of Mercurial Finance's broader strategy to rejuvenate the project following its association with
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Axie Infinity has unveiled the alpha version of Homeland, its highly anticipated game mode utilizing land NFTs. Following initial teasers from February 2021, Axie Infinity has officially launched Homeland, a gameplay mode centered around Land NFTs. Homeland is a new game mode within Axie Infinity that leverages land NFTs. Players
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On the evening of December 28, investment firm MicroStrategy announced that it has resumed its Bitcoin purchasing activities after a prolonged hiatus. From November 1 to December 24, 2022, MicroStrategy acquired an additional 2,500 BTC at a total cost of $44.6 million. In contrast, the company reported to
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Paxos has successfully reclaimed 11,184 Paxos Gold (PAXG) tokens, valued at $20 million, thanks to their swift action in freezing assets during the FTX hack in November. As Coin68 reported, on the morning of November 12, the FTX exchange experienced a massive withdrawal event, with up to $400 million
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Even amidst the harsh "crypto winter," El Salvador remains focused on promoting Bitcoin adoption through educational initiatives. El Salvador is ramping up its Bitcoin education efforts for the youth. A viral video on Twitter shows that the country has launched short-term courses, specifically 10-week programs, to provide foundational
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The winter snowstorm sweeping across the US during Christmas 2022 has had a severe impact on Bitcoin mining operations, forcing many to shut down. According to CNN, thousands of homes and businesses across the US experienced power outages over the weekend due to an Arctic blast and an extended winter
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On December 20, electric vehicle manufacturer Nio announced that the company had received a ransom threat, with hackers demanding $2.25 million in Bitcoin in Bitcoin in exchange for not leaking Nio’s internal data. Specifically, Nio received an extortion email demanding $2.25 million in Bitcoin, threatening to release
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As we approach the end of the year, it’s a time for all of us to take a break. Consequently, the market has seen little significant movement over the past week. BTC’s price range has been limited to about $100 – $200 per day, making trading challenging during this
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Avalanche has upgraded its software to “Banff 5” to support Avalanche Warp Messaging, enabling seamless communication and data sharing between subnets. Avalanche Upgrades to ‘Banff 5’, Launches Cross-Subnet Communication System In a recent announcement, Avalanche's development team revealed the upgrade of AvalancheGo, their blockchain implementation software written in
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Blockchain infrastructure provider Ankr is collaborating with law enforcement to pursue the attacker responsible for the hack earlier this month. A former employee of the DeFi protocol Ankr maliciously orchestrated the attack on December 2, resulting in approximately $5 million in damages, according to a statement released on Ankr’s
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Polygon's zkEVM has entered its second public testnet phase, marking a crucial step before its official mainnet launch. Polygon's zkEVM Moves to Second Public Testnet Polygon’s layer-2 solution for Ethereum has transitioned to its second public testnet, following the impressive launch of its first public
