Coinsbuy, a crypto payment platform, was exploited in a cross-chain hack that drained $7.9 million from wallets on both Ethereum and TRON blockchains. The attacker moved stolen funds through multiple wallets and services, complicating recovery efforts. Coinsbuy had previously fixed a system flaw related to deposit verification, but the exact breach method remains unknown. Investigators are now focused on containing the breach and tracking the stolen assets to prevent further losses.
Bitcoin remained steady near $65,200, rising 3.7% over the week despite the U.S. Senate postponing the CLARITY Act vote until September. The market's resilience suggests the delay was already anticipated, with gains driven by investment flows rather ...
Bitcoin's price fell marginally by 0.26% to around $64,800, while Ethereum edged up 0.09% to about $1,917, reflecting a cautious market mood. Crypto derivatives volume plunged over 51%, signaling reduced leverage and fewer short-term bets, while stab...
Bitcoin dominance remains steady at 56.6% over the weekend, with Bitcoin trading near $64,782 and Ethereum stable at $1,916. While altcoins like SOL and BNB posted small gains, overall market activity is muted, reflecting cautious sentiment among ret...
Tron's stablecoin supply reached approximately $91.8 billion in early August, increasing by $2 billion in the past month. Nearly 98% of this supply is Tether's USDT, making Tron the largest blockchain for USDT circulation since 2021. The network proc...
TRON's blockchain saw a strong start to August with Protocol Revenue reaching $37.78 million in the first five days, averaging $7.56 million daily. The network's total accounts grew to 397.08 million, while Daily Active Users increased to 4.2 million...
