Stars Arena, an on-chain social app built on the Avalanche blockchain, suffered a $ 2.9 million hack Saturday, when hackers took advantage of a vulnerability in its smart contract, draining funds. Stars Arena’s team has already announced that it has secured the funds to close the gap and will complete a full security audit …
Tonk Is Building a Provability-Focused Onchain Nintendo Emulator
Tonk, a programming collective focusing on onchain gaming, has announced a blockchain-based Nintendo Entertainment System (NES) emulator called Dappicom. The app, being coded using Noir, a smart contract-enabled privacy-focused language, will allow players to prove they have achieved in-game milestones without showing how. Tonk Announces Dappicom, a Provability-Focused NES Emulator Tonk, a gaming-oriented programming team, […]
Mixin’s $20 Million Plea: Platform Transmits Onchain Bid to Reclaim Stolen Assets
After a cyberattack resulted in a staggering $ 200 million loss from the decentralized exchange (dex) platform Mixin, the company revealed that its cloud service provider had been compromised. In a bid to recover the stolen funds, Mixin is now extending a $ 20 million reward to the hacker upon the return of …
Arkham Intelligence Identifies Grayscale’s $16 Billion Onchain Bitcoin Holdings
Arkham Intelligence, a leading crypto analytics firm, unveiled on Wednesday its findings on Grayscale’s Bitcoin Trust onchain holdings. This revelation comes just six days after Arkham shed light on the fund manager’s onchain ethereum assets. Unmasking Grayscale’s Bitcoin Trust: Arkham Intelligence Exposes $ 16 Billion Onchain Bitcoin Assets The crypto analytics startup, Arkham Intelligence, …
Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty Reduction
According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a reduction over the past week. Starting from July 29, the average onchain fees have fallen below the $ 1 threshold for each transaction, and as of July 31, 2023, …