Decentralized exchange aggregator 1inch’s website has been breached along with multiple other platforms that use the same frontend library, Lottie Player. The breach originated from malicious code injected into the Lottie Player, a widely-used animation library used by several dApps and non-crypto websites. As of now, no user wallets have been reportedly compromised. 1inch Users […]
Russia is set to restrict crypto mining in several of its regions due to ongoing energy shortages, announced Deputy Minister of Energy Yevgeny Grabchak. On Oct. 30, the state news agency TASS confirmed the impending ban, which will affect areas where electricity deficits make it challenging to support crypto mining’s high power demands. Grabchak noted […]
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In the world of cryptocurrency, big token transfers are always of interest, and a recent transfer of 1 trillion PEPE tokens to Binance is no exception. This large Pepe (PEPE) transaction has raised the interest of traders and suggests that the price of this memecoin could rise soon. Meanwhile, Binance Coin (BNB) has crossed the […]
Kraken announced layoffs impacting 15% of its workforce, or around 400 positions, following recent structural changes. This move, first reported by the New York Times, coincides with Arjun Sethi stepping in as co-CEO alongside Dave Ripley. Kraken Is Planning to Overhaul Organizational Structure Kraken cited the need for “organizational discipline” in a blog post, stating […]
Key Takeaways Stablecoin collateral now accounts for around $120 billion in US Treasury holdings. Potential risks remain due to the stablecoin sector’s dependency on T-bills. Share this article The US Treasury, in a presentation to the Treasury Borrowing Advisory Committee (TBAC), outlined how the growth of stablecoins could reshape demand for Treasury bills, potentially altering […]
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