Avici, a Solana-based crypto card platform, suffered an ongoing attack that drained over $1 million in user collateral, causing its AVICI token to plummet nearly 50% to an all-time low. The attacker added unauthorized administrators to user accounts before withdrawing collateral, exploiting weaknesses in Avici's authorization controls. Avici acknowledged the withdrawal issue but has not confirmed the total losses or the number of affected users. The incident raises questions about the platform's self-custody claims and highlights risks in crypto payment infrastructure. The company is investigating and working with partners but has yet to provide detailed explanations or user compensation plans.
NEAR Intents, a cross-chain crypto exchange, lost about $3.8 million after a security flaw in its Omni deposit and withdrawal system was exploited. The platform immediately froze deposits and withdrawals across 11 blockchain networks and fixed the sm...
Dogecoin is trading just below the critical $0.10 resistance level, which has previously blocked price advances. This comes as DogeOS launched its public testnet, providing an EVM-compatible platform for Dogecoin applications, though it remains a tes...
HBAR surged 27.32% on September 28 due to IBM Cloud-related news but reversed 16.09% the next day, testing key support at $0.1024. Short-term momentum indicators like RSI and MACD remain bullish, but the longer-term trend is bearish with a death cros...
Fight Fight Fight LLC will host a third exclusive gala dinner on Nov. 22 at Trump National Golf Club for the top 185 holders of the TRUMP memecoin. Despite the token's 97% price drop from its peak and $3.81 billion in losses among holders, Trump has ...
Solana's price fell about 4% to around $121 following resistance tests at the $120 level, amid bearish crypto market momentum. The network's Alpenglow upgrade, currently on testnet, aims to cut transaction finality to under 100 milliseconds, potentia...
