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How a Solana feature designed for convenience let attackers drain more than $270 million from Drift

How a Solana feature designed for convenience let attackers drain more than 0 million from Drift

The attack on Drift Protocol was not a hack in the traditional sense. Nobody found a bug or cracked a private key. There wasn’t a flash loan exploit or manipulated oracle either. Instead, an attacker smuggled Drift’s security council with a legitimate Solana feature called ‘durable nonces’ to trick weeks later pre-approving transactions that would be carried out at arbitrary …

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RWA Perpification Drives 24/7 Trading and Crypto Access

crypto world, the real-world asset (RWA) sector is undergoing an unprecedented evolution in the crypto industry that has seen its true value grow at once. To be sure, in this respect, tokenization and perpification are fundamentally serving different functions and audience groups within the wider financial markets. To a large extent, tokenization provides capital markets to institutional participants; it allows …

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Is the Bitcoin Network Really in Danger? Experts Gathered to Find an Answer

Is the Bitcoin Network Really in Danger? Experts Gathered to Find an Answer

After recent major breakthroughs in quantum computing technology, the cryptocurrency markets are abuzz with the question, “I am I a danger” following this week’s coinage of Bitcoin. The discussion on whether quantum computers could disrupt Bitcoin’s underlying encryption methods (ECDSA) and the potential impact on markets was discussed in a panel with Tom Dunleavy, Andrew Parish and Tillman Holloway. It …

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The time for clear financial privacy rules is now

The time for clear financial privacy rules is now

Previously, U.S. crypto regulation has been used to regulate crypto in the past. A , S. I have broken the badly. Then not only did federal agencies fail to work together they outright contradicted and joined one another during an intercourse turf war to control our growing industry. But recent signals from regulators suggest movement. The SEC and the CFTC …

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Bloomberg Analyst Mike McGlone and Experts Gathered to Discuss Bitcoin: “This Train Can’t Be Stopped”

Bloomberg Analyst Mike McGlone and Experts Gathered to Discuss Bitcoin: “This Train Can’t Be Stopped”

With world uncertainty reaching historical lows and tension in the Middle East rising, leading figures in financial circles spoke about major disruptions in Bitcoin, gold & oil markets. Strategists who came together on the channel “The Wolf Of All Streets” examined the new economic era awaiting investors. And in highlighting the extreme uncertainty of markets, former CoinRoutes CEO Dave Weisberger …

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Alleged $54M Uranium Finance hacker faces 30 years in prison

Alleged M Uranium Finance hacker faces 30 years in prison

The man charged with a hacking Uranium Finance, formerly decentralized finance platform that has been stolen more than $54 million over two exploits in 2021, is facing an indictment from US authorities. Maryland resident Jonathan Spalletta was charged Monday with two separate hacks against Uranium Finance in April 2021, according to the US Attorney’S Office for New York’s Southern District …

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Bitcoin Ether ETFs Hit by $503 Million Exodus as Selling Intensifies

This week was a tough time for **Crypto exchange-traded funds (ETFs), which posted heavy outflows from bitcoin and ether, with the latter posting torrential out flows of Bitcoin and an intense amount of money. Smaller assets were a bit resilient, with $XRP attracted small inflows of money. ** ** Crypto ETFs Slide as Bitcoin, Ether Post Heavy Weekly Losses promise …

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Bitcoin ether bounce is running low on fuel

Bitcoin ether bounce is running low on fuel

By Omkar Godbole (All times ET unless indicated otherwise) crypto, which started the week in a good way; however, as signs of new capital inflows remain weak, further gains may be limited. Since midnight UTC, Ether ($ETH) and solana (SOL) prices have increased more than 3%; $BTC has nearly 2% up to $XRP at 13. A fifth of paraphrasing 5%. …

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Bittensor (TAO) Demand Looks Real and Risky at the Same Time: Here’s Why

A dramatic recovery from its February lows has been made by the decentralized AI network token **Bittensor ($TAO), which is a key component of this rally, and on-chain data suggests that it may have real legs. ** ** . The 90-day Spot Taker Cumulative Volume Delta (CVD), a measure measuring the balance between aggressive buyers and sellers on spot exchanges, …

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Prediction market txs surge on geopolitical bets media coverage

Prediction market txs surge on geopolitical bets media coverage

March has seen record highs for prediction market transactions, amid growing interest in political and geopolitical event contracts, improved accessibility and positive regulatory developments for the industry. prediction markets data tracked by Dune, the number of transactions for March totals more than 191 million so far (2,838% up from last year). According to a statement released Friday, blockchain intelligence firm …

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Saylor Highlights STRC’s Ultra-Low Volatility Positioning It Below All Major Asset Classes and Equities

Saylor Highlights STRC’s Ultra-Low Volatility Positioning It Below All Major Asset Classes and Equities

This is a strangely low volatility, with an attractive yield of double-digits (see **Strategy’s STRC preferred stock) that emphasizes engineered stability against traditional market risk across bitcoin, equities, bonds and commodities. ***** STRC Volatility Claims Draw Attention Across Asset Classes Strategy Executive Chairman Michael Saylor shared comparative data on X on March 29 to focus market volatility disparities across major …

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