Fractal ID Data Breach: Security Incident Impacts 50,000 Users
TL;DR Fractal ID, a digital identity verification provider for Web3 projects, experienced a data breach affecting over 50,000 users, approximately 0.5% of its total user...
Tag : Blockchain
NFTs Face Challenges but Optimism Remains High Among Web3 Professionals
by jose
TL;DR Decline in NFT Sales: NFTs experienced a significant 45% drop in sales volume in Q2 2024 compared to the previous quarter, following a surge...
Terra Classic (LUNC) Shows Signs of Recovery with Potential 342% Surge
by Fernando
TL;DR Terra Classic (LUNC) is showing signs of recovery, with a potential increase of 342%. Clarity from the SEC regarding cryptocurrency classification has improved market...
LiFi Protocol Cyber Attack: $8 Million Theft Sparks Security Concerns
TL;DR The LiFi protocol fell victim to a sophisticated cyber attack resulting in the theft of over $8 million. Exploiting “infinite approvals” configurations. Users have...
XRP Whales Increase Exchange Withdrawals Amid Price Surge
by Fernando
TL;DR XRP whales have made significant exchange withdrawals, indicating a possible bullish sentiment. A large transaction of 38,783,752 XRP was recorded from Binance to an...
Tether Freezes $29.62 Million USDT Linked to Criminal Activities in Cambodia
by Fernando
TL;DR Tether freezes 29.62 million USDT linked to Cambodia’s Huione Group. The freeze is related to money laundering and fraud activities. Huione continues to transact...
Morgan Creek Digital Launches $500 Million Fund
TL;DR Morgan Creek Digital has announced a new venture capital fund of up to $500 million to boost AI, blockchain, chips, and data analytics in...
Rage Trade to Launch $RAGE Token on Hyperliquid Blockchain
by Fernando
TL;DR Rage Trade will launch its token $RAGE on August 7 on the new Hyperliquid blockchain. 20 million tokens will be sold at a fixed...
Legal Victory: Do Kwon Wife Secures Property Rights in South Korean Court
TL;DR Following a judicial decision in South Korea, Do Kwon’s wife, founder of Terraform Labs, has achieved a significant legal victory by securing ownership of...
