Attackers exploited the Ethereum Alephium TokenBridge by compromising three of four guardian keys, enabling them to forge Verified Action Approvals (VAAs) and drain $815,000 in just seven minutes. They minted 13.76 million wrapped ALPH tokens without depositing any real ALPH, effectively creating assets out of thin air. This breach highlights vulnerabilities in cross-chain bridges that rely on guardian signatures for security, following similar recent attacks on other blockchain bridges. The incident raises concerns about the security of decentralized finance infrastructure and the need for stronger safeguards.
A single short position worth $9.39 million in Ether (ETH) perpetual futures on Binance was liquidated at a price of $2,348 on October 27. This liquidation represents one distinct event involving the short side of Binance's ETH futures market, not a ...
XRP commentator Tony Edward criticized extreme price predictions of $10,000, $25,000, and $50,000 per token, arguing they overlook market capitalization and the likelihood that institutions will use multiple blockchain networks, not just XRP. Speakin...
Bitso introduced Bóvedas, enabling users to earn yield on USDC and MXNB via Morpho-curated vaults, opening Morpho's lending markets to millions. This collaboration triggered an 8.6% rally in Morpho's price despite Bitcoin and Ethereum falling about 0...
Bitcoin attracted the largest cryptocurrency inflows at $70.41 million, significantly outpacing Ethereum's $14.88 million. Other notable inflows included stablecoins USDT and USDC, with $77.98 million and $11.56 million respectively. Meanwhile, Ether...
In the past 24 hours, Bitcoin (BTC) and Ethereum (ETH) attracted significant net inflows, with BTC leading at $170.97 million and ETH at $35.72 million, even as their prices declined. Stablecoins USDT and USDC also saw net inflows of around $12 milli...
