The upgrade deployment script failed to call an important initialization function, leaving the vote threshold at zero and allowing anyone to withdraw “without signature.” Read More at https://cointelegraph.com/news/ronin-bridge-hack-upgrade-script-verichains?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
Ronin bridge hack caused by error in upgrade deployment script — Verichains
The upgrade deployment script failed to call an important initialization function, leaving the vote threshold at zero and allowing anyone to withdraw ‘without signature.’ Read More at https://cointelegraph.com/news/ronin-bridge-hack-upgrade-deployment-script-verichains?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DeFi market stages a comeback as derivatives surge
Onchain derivatives fuel DeFi’s resurgence, with daily volumes reaching $5 billion amid rising competition. Read More at https://cointelegraph.com/news/defi-market-derivatives-surge-capital-tvl?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How BitTorrent Chain is advancing blockchain interoperability
With 6,200 stakers and 39.9 trillion BTT locked, the BitTorrent Chain is already thriving and is set to supercharge Tron’s DeFi ecosystem with fast, low-cost cross-chain transfers. Read More at https://cointelegraph.com/news/how-bittorrent-chain-is-advancing-blockchain-interoperability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Malaysia adopts Worldcoin for personal verification and digital ID
Malaysia aims to tackle national challenges and unlock economic opportunities by adopting cutting-edge biometric verification technology. Read More at https://cointelegraph.com/news/malaysia-worldcoin-iris-scan-digital-verification?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitdeer to expand operations with $150M convertible notes offering
Bitdeer Technologies Group’s stock price dropped to $6.33 after it announced a senior convertible notes offering. Read More at https://cointelegraph.com/news/bitdeer-150m-notes-offering-expansion-stock-drop?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Does Hong Kong have issues with USDT and USDC? OSL exec weighs in
As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC. Read More at https://cointelegraph.com/news/hong-kong-usdt-usdc-stablecoin-osl?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Institutional adoption of Bitcoin ETFs surges 27% in Q2
Increasing institutional ETF adoption could bolster Bitcoin price to new all-time highs. Read More at https://cointelegraph.com/news/institutional-bitcoin-etf-adoption-rises-q2?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin funding rates hit YTD lows, bearish trend looms: CryptoQuant
Bitcoin funding rates on Binance turn negative, reflecting a surge in short positions as institutional interest wanes. Read More at https://cointelegraph.com/news/bitcoin-binance-funding-rates-lowest-2024-bearish-sentiment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Africa’s new AI framework sets foundation for tech leadership
As stakeholder consultations proceed, the feedback gathered will be instrumental in shaping a robust and effective AI policy. Read More at https://cointelegraph.com/news/south-africa-ai-policy-framework-tech-leadership?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound