Highlights KelpDAO alleges LayerZero's security shortcomings led to a $292 million exploit of its rsETH bridge. The lawsuit names LayerZero's CEO and engages in a broader debate about security responsibilities in DeFi. The fallout from the incident highlights critical discussions about verification processes and security protocols in decentralized finance. Introduction...
Year: 2026
Beware: Malicious iOS App FomoPeek Behind Shocking $580K Crypto Heist!
Highlights A malicious app named FomoPeek on the Apple App Store is linked to nearly $580,000 in stolen cryptocurrency. The app exploited multiple vulnerabilities in iOS to access sensitive wallet data and files from other applications. Users are urged to take immediate action by creating a new wallet due to...
Magic Eden Transforms Its Vision: Embracing a Thrilling Casino Platform Adventure!
Highlights Magic Eden is shifting its focus away from Ethereum and Bitcoin NFTs to invest in the burgeoning iGaming sector with its Dicey platform. The NFT marketplace will discontinue support for EVM and Bitcoin-based marketplaces by March 2024 to concentrate on a unique online casino experience. CEO Jack Lu emphasizes...
Unlocking the Bitcoin Bottom: Insights on a Potential 130% Surge and Morgan Stanleys Bold Move into Crypto Custody – Read the Hodler’s Digest!
Highlights: - A notable Bitcoin bottom signal has re-emerged, hinting at a significant market rally. - Historical patterns suggest a possible 130% increase in Bitcoin's value in the upcoming months. - Analysts are closely monitoring these signals as they prepare for potential investment opportunities. Contextualizing the Bitcoin Bottom Signal The...
How an MEV Bot Outwitted Hackers in a $7.7M Ethereum Wallet Heist!
Highlights An attacker attempted to steal approximately $7.7 million in rsETH from an Ethereum Safe wallet but was intercepted by an MEV bot. The exploit involved a custom Uniswap v4 liquidity module directed towards a hooked pool, making the attack possible. Kelp, the protocol behind rsETH, has paused certain transactions...
