EIGENLayer reassured its community that the platform’s infrastructure and onchain protocol remain secure after an investor lost EIGEN tokens worth roughly $6 million in an isolated email compromise on Oct. 4. A malicious actor stole 1,673,645 EIGEN tokens by infiltrating an email thread between an investor and the platform’s custodial service. The EIGEN team reported […]
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In the cryptoverse, no coin is immune to fluctuating market forces. Shiba Inu hit highs of $0.000036 earlier this year but has been on a decline and is now at $0.000016. This SHIB price drop is no accident; it’s a symptom of the trouble in its universe. Slowed Shibarium adoption and declining Shibaswap stakes means […]
Contrary to the anticipated “Uptober” rally, the cryptocurrency market has experienced a significant downturn, largely driven by geopolitical tensions in the Middle East. Major assets have seen their values decline, with some retesting multi-week lows. Despite the market volatility, crypto whales have continued to accumulate certain tokens. Toncoin (TON), Ethereum (ETH), and Axie Infinity (AXS) […]
A CryptoPunk NFT has reportedly been sold for 24,000 ETH, equivalent to $56.3 million, making it the most expensive sale in the collection’s history. The transaction, involving CryptoPunk 1563, has sparked immediate interest across the digital collectibles community due to its record-breaking price. However, concerns have emerged about the nature of the sale, with some […]
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Key Takeaways Tether is developing a technology solution tailored for the European market. The new tech aims to address challenges posed by the MiCA regulatory framework. Share this article Tether is set to introduce a new technology solution specifically designed for the European market in a bid to adapt to the evolving regulatory landscape in […]
Ripple’s (XRP) price fell from $0.63 to $0.52 earlier this week due to another regulatory battle with the US SEC. However, traders in the derivatives market seem to believe that this is a temporary setback rather than a long-term barrier, as they held positions predicting a bounce for the altcoin. Whether it’s true or false, […]
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