The rapid expansion of Bitcoins secondary protocol, the Lightning Network, is evident as its growth rate skyrockets to an estimated 1,210% in the last two years. August of this year alone saw approximately 6.6 million...

WOO Network, based in Taiwan, has entered into an agreement with Teneo, the entity responsible for managing the assets of the bankrupt hedge fund Three Arrows Capital. The agreement involves the repurchase of certain...

Galxe, a digital finance company, has announced its intention to compensate users who were impacted by a recent hack. They will provide affected users with an additional 10% on top of the funds they lost in the security...

In response to the ongoing challenges in the blockchain industry, Blocknative, a provider of Ethereum transaction tools, has streamlined its workforce, reducing personnel by 33%. The company, founded in 2018, currently...

The digital currency market experienced significant turbulence on Monday, primarily attributed to escalating conflicts in the Middle East. Crypto enthusiasts incurred losses exceeding $100 million due to sudden...

Warbler Labs, an underwriter for the decentralized lending platform Goldfinch, has disclosed a significant setback related to a $20 million loan, which could result in potential losses of $7 million. The loan, extended to...

In response to a surge in SIM-swap attacks targeting its users, the creators of Friend.tech, a decentralized social media platform, have introduced an enhanced security measure. The new defense mechanism enables users to...

Ordswap, a platform where users can write, bid on, and exchange Bitcoin Ordinals, has taken steps to help users regain access to their private keys in response to ongoing challenges involving their primary website...

Gitcoin, a platform that supports Web3 developers, recently experienced a significant loss of more than $460,000 in its crypto tokens, known as GTC. The loss occurred due to an accidental transfer of GTC tokens to an...

South Koreas prominent cryptocurrency exchange, Upbit, encountered more than 159,000 hacking attempts in the first half of 2023, as revealed by its management company, Dunamu. This data, shared with Park Seong-jung, a...

OpenSea, a prominent Nonfungible token (NFT) platform, has recently found itself entangled in accusations and speculations concerning its former employee, Kevin Pawlak. These allegations stem from claims on social media...

On October 8th, the Financial Conduct Authority (FCA) of the United Kingdom, responsible for overseeing the nations financial markets, intensified its oversight of cryptocurrency exchanges. The regulator expanded its...

Social media application Stars Arena, based on the Avalanche platform, recently conveyed its success in garnering funds to bridge a $3 million financial gap. This setback was caused by a security breach on October 6. The...

Elon Musk, currently serving as the executive chair and CTO for the platform formerly known as Twitter (now X), has come under fire for his role in the suspension of an account associated with the cryptocurrency...

Following a significant security breach in September, Huobi Globals HTX has successfully reclaimed stolen cryptocurrency funds. In appreciation for resolving the situation, the exchange platform has given a reward of 250...