DeFi protocol Abracadabra lost $1.8 million after an attacker exploited a simple logic mistake in its batch function. Analysts at Hacken say the attacker already laundered funds via Tornado Cash. Summary Abracadabra lost almost $2 million after an attacker exploited a simple logic mistake in its batch function, similar to an attack on a forked…
Corporate demand for BTC is accelerating, with U.S.-based Bitcoin treasury firms emerging as some of the largest institutional holders of the cryptocurrency to date. Summary U.S.Bitcoin treasury firms now hold nearly 1 million BTC, worth about $115 billion, marking a major milestone in corporate Bitcoin adoption. Strategy Inc. leads with over 640,000 BTC, followed by…
Solana price may be gearing up for a major rally, as a bullish cup-and-handle pattern taking shape on the monthly chart points to a potential $425 target. Summary Solana price has recently broken its higher-low structure on the daily chart, but continues to hold its long-term ascending channel. A cup-and-handle formation on the monthly chart…
ETH price has formed a highly bullish continuation pattern, a confirmed breakout above which could potentially push the token to a new all-time high in the coming months. Summary ETH price is down roughly 9% after failing to breach the $4,700 resistance earlier this week. A multi-month bull flag pattern has formed on the weekly…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Recent market volatility and ongoing stress tests faced by firms accumulating digital assets for exposure have cast a harsh light on asset treasury practices in web3. As digital assets go mainstream, they…
XRP price hovers just under $3 as traders brace for mid-October exchange-traded fund decisions, with momentum flat amid the U.S. government shutdown and fading trading activity. Summary XRP trades steady at $2.82 ahead of key October catalysts. Trading activity remains muted as ETF decisions near. Market sentiment has stayed cautious amid U.S. government shutdown. XRP…
The latest Bitcoin price rally appears to be losing momentum after a record-breaking run, with prices now testing key levels that could decide its next move. Summary Bitcoin price trades near $122,000 after briefly dipping toward $120,600, marking a mild cooldown following its surge to new all-time highs. The multi-day rally from early October’s “Uptober”…
On-chain sleuths discover Vitalik Buterin recently received an 6.29 million STRK from an airdrop that just unlocked after a year. The tokens are now worth $1.01 million. Summary Vitalik Buterin received a token unlock from Starknet, amounting to 6.29 million STRK from an airdrop that rewarded early supporter with locked token allocations last year. STRK…
Mantle price has surged over 125% in the past 30 days, becoming one of the best performers during the period. However, can the current bullish momentum hold against the growing trend of smart money exits? Summary Mantle price has hit a new all-time high of $2.86 on Thursday. The token’s ongoing rally could potentially face…
Solana treasury company Helius is ramping up its digital asset strategy with a bold plan to acquire 5% of all SOL tokens and a strategic push toward public listing in Hong Kong. Summary Solana treasury company Helius plans to accumulate over 5% of SOL supply, worth over $6 billion. The firm recently rebranded as Solana…
