Crypto
The Bitcoin Liquid Network, a vital sidechain for cryptocurrency exchanges, has paused operations following an exploit that saw approximately 4,000 Bitcoin, valued at $320 million, withdrawn. The purported hackers claim to be 'white hats' and have pledged to return the majority of the funds once a critical vulnerability in the network's underlying software is patched.
Crypto
Around 4,000 BTC, valued at roughly $320 million, were taken from the Liquid sidechain used by major exchanges. The perpetrators describe themselves as white‑hats and say they will return most of the funds after a software bug is patched.
Crypto
A security breach on the Bitcoin sidechain Liquid Network saw roughly 4,000 BTC (~$320 million) transferred out, prompting the platform to suspend all transactions. The actors, describing themselves as “white‑hat” hackers, say they will return most of the funds once a critical Elements vulnerability is patched.
Crypto
Harmony has put forth a proposal to cease operations of its proprietary layer-1 blockchain and transition its native ONE token to the Ethereum network. This strategic shift aims to pivot the project towards a new initiative focused on AI video creation.
Crypto
Router Protocol announced it will cease operations and destroy 303 million ROUTE tokens after failing to secure a buyer or sustainable commercial model. The move highlights ongoing pressures on crypto infrastructure projects amid a broader market downturn.
Crypto
The Liquid Network, a Bitcoin sidechain, has temporarily halted operations following the unauthorized withdrawal of approximately 4,000 to 4,200 bitcoin, valued at around $320 million. The perpetrators claimed to be 'white-hat' hackers, leaving an on-chain message.
Crypto
Ethereum founder Vitalik Buterin unveiled a multi‑year “Lean Ethereum” redesign that will split transactions into multiple frames and give every wallet smart‑contract capabilities. The changes aim to lower fees, improve predictability and strengthen the platform’s competitive position.
Crypto
OrionX announced its immediate shutdown after an internal audit revealed that more than $7 million in customer assets had been transferred to wallets outside its control. The move raises concerns about custodial practices on crypto platforms and comes as stablecoin issuer Tether expands its presence in traditional finance.
Crypto
U.S. Bitcoin spot exchange‑traded funds recorded a net withdrawal of $986.7 million last week, marking a sharp reversal in investor sentiment. The outflow contrasts with earlier reports of strong inflows and adds pressure to Bitcoin’s price near $82,000.
Crypto
Bitcoin's correlation with gold has reached a six-year high, signifying a potential shift in its role as a safe-haven asset, even as its link to tech stocks diminishes. This development comes alongside continued institutional interest, with firms like MicroStrategy actively increasing their Bitcoin holdings.
Crypto
Bitcoin wallets that have been inactive for over a decade are now moving significant amounts of cryptocurrency, indicating a wave of profit-taking by long-term holders. This activity occurs as Bitcoin trades near $80,000, a substantial increase from its 2011 valuation.
Crypto
Spot Bitcoin exchange‑traded funds in the United States attracted roughly $1 billion in net inflows over the past week, snapping a years‑long pattern of modest weekly additions. The surge adds to a three‑week haul of about $3.8 billion, signalling renewed institutional appetite amid macro‑economic uncertainty.