Blockchain News

Revolutionary Move: Coinbase Institutional Unveils Open-Source MPC Library to Fortify Crypto Security

In a groundbreaking move that is sending ripples of excitement through the crypto sphere, Coinbase Institutional has just dropped a bombshell announcement! They’re open-sourcing their cutting-edge multiparty computation (MPC) cryptography library – the very tool they’ve been leveraging to keep their digital asset fortress impenetrable. This isn’t just about sharing code; it’s a bold step […]

Blockchain News

Urgent: GMX Assures Users After $13M Abracadabra DeFi Exploit

In the fast-paced world of decentralized finance (DeFi), security is paramount. Recent news of a $13 million exploit targeting a smart contract linked to both GMX, a decentralized derivatives exchange, and Abracadabra, the platform behind the MIM stablecoin, sent ripples through the crypto community. The burning question on everyone’s mind: Was GMX itself compromised? Let’s […]

Blockchain News

Urgent Alert: $13 Million Crypto Exploit Hits Smart Contracts Tied to GMX and Abracadabra

In a shocking turn of events for the decentralized finance (DeFi) space, smart contracts associated with popular platforms GMX and Abracadabra have been targeted in a significant exploit. Blockchain security firm PeckShield sounded the alarm on X, reporting a loss of approximately 6,260 ETH, translating to a staggering $13 million. This urgent news has sent […]

Blockchain News

Safeguarding MET: Meteora’s Bold Blacklist Ensures Fair Token Distribution

In the fast-evolving world of decentralized finance (DeFi), ensuring fairness and preventing malicious activities are paramount. Meteora, a prominent decentralized exchange (DEX) built on the Solana blockchain, is taking a decisive step in this direction. Announcing a groundbreaking initiative via X, Meteora is introducing a blacklist to safeguard the integrity of its MET token distribution. […]

Blockchain News

Unwavering Assurance: Binance Reserves Exceed 100% for 29 Months, Reinforcing User Trust

In the often volatile world of cryptocurrency, where trust is paramount, one major exchange continues to set a benchmark for financial responsibility. For an astounding 29 consecutive months, Binance, a leading global cryptocurrency exchange, has maintained a reserve ratio exceeding 100%. This remarkable feat, confirmed by on-chain analytics firm CryptoQuant, signals a strong commitment to […]