BNB hacker loses over $53M after getting liquidated in market crash

    A crypto wallet linked to the BNB Smart Chain exploit had three of its positions liquidated after BNB’s price dropped below $220. The sudden market pullback in the crypto space liquidated many traders and, according to data shown on the blockchain, the attackers responsible for the infamous BNB Smart Chain exploit, which led to the…

    Crypto grants foster innovation amid venture capital exodus

    Alternative funding options, such as grant programs, have grown in popularity as the bear market continues to slash venture capital investments in the crypto industry. As the bear market keeps slashing venture capital investments in the crypto industry, alternative funding options, such as grants, have been gaining traction as a means of supporting the community…

    Breaking: Coinbase to suspend USDT trading for Canadian users

    Users will still be able to deposit and withdraw USDT, DAI and RAI after the deadline, but trading will be suspended. Cryptocurrency exchange Coinbase will suspend trading of the Tether, Dai, and RAI stablecoins for Canadian users beginning Aug. 31. In an Aug. 17 email notice to users, Coinbase said, ”We regularly monitor the assets…

    SHIB, BONE, LEASH tokens dip amid rumors of $2.5M Shibarium gaffe

    Shiba Inu and related-token prices plunged since Shibarium’s launch, while rumors of a significant technical error in the new Shibarium network have been swirling. The launch of the Shibarium mainnet — a layer 2 scaling solution for the Ethereum network — appears to have gotten off to a rocky start, at least when it comes to the…

    Illuvium’s collapsing token represents the problems with GameFi

    GameFi developers have been focused on raking in money — and they’ve forgotten that they need to make games fun in order to win over players. Blockchain games began as a means to effectively test technology’s true potential. However, making sure they reach that potential remains a challenge. While Illuvium was one of the most highly anticipated…

    Sei token valued at $1.8B after beta launch, exchange listings

    Layer 1 trading blockchain Sei Network has reached a fully diluted valuation of $1.8 billion on the initial day of token listing. On Aug. 15, major exchanges such as Binance, Bybit and Bitget jointly listed the network’s native Sei (SEI) token. On Binance, the token opened at $0.064 a piece before surging as high as…