by Michael
Key takeaways Harmony’s ONE token plunged roughly 40% following an apparent exploit that created about 4 billion tokens. The unauthorized issuance was equivalent to approximately 26% of ONE’s existing supply. Harmony released an emergency software update to prevent...
by Michael
Key TakeawaysA hacker exploited Harmony Protocol to fraudulently issue 4 billion unauthorized ONE tokens.The sell-off wiped 26% of ONE’s market cap while investigator ZachXBT declined to assist.Harmony asked exchanges to freeze 4 hacker wallets while evaluating a full...
by Michael
Key takeaways Uniswap falls nearly 6% on Wednesday after declining 5% in the previous session. Uniswap has launched Continuous Clearing Auctions on Avalanche, allowing teams to conduct on-chain token sales and bootstrap liquidity. UNI’s social dominance and volume...
by Michael
Key TakeawaysMetaplanet moved 1,473 BTC ($93.82 million) off an exchange on August 12, per Lookonchain.Hut8 followed hours later with 493 BTC ($31.36 million), lifting the total past $125 million.The moves come as Metaplanet’s treasury topped 43,000 BTC and Hut8’s...
by Michael
Key TakeawaysBitwise cut 14% of its staff, reducing headcount to about 155 from 180 employees.The cuts mirror layoffs this year at Coinbase, Gemini, Crypto.com and Kraken amid the slump.CIO Matt Hougan says bitcoin is bottoming now, citing fading leverage and record... Translate »