GMX Defends Contracts After $13 Million Loss Tied to Abracadabra’s Cauldron Exploit

Prominent blockchain security firm PeckShield reported an exploit involving the GMX decentralized exchange (DEX), which has brought attention to vulnerabilities within the Abracadabra (Spell) ecosystem. The incident, tied to Abracadabra’s cauldrons – smart contracts that facilitate DeFi operations like lending, borrowing, and liquidity provision – led to the theft of approximately 6,260 Ethereum, worth roughly…

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Trump’s SEC Chair pick Paul Atkins pledges ‘coherent and principled’ approach to crypto regulation

Key Takeaways Paul Atkins, nominee for SEC Chairman, plans to establish clear guidelines for digital assets. Atkins emphasizes the need for coherent regulation to prevent market uncertainty. Share this article Paul Atkins, President Trump’s nominee for SEC Chairman, has pledged to establish clear regulatory guidelines for digital assets if confirmed to lead the agency. “A…

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Will Bitcoin and altcoins crash or rise?

Bitcoin and most altcoins have bounced back slightly this week, with total crypto market capitalization approaching the $3 trillion mark. Bitcoin (BTC) remained stuck above $86,000, while meme coins like Pepe (PEPE), Shiba Inu (SHIB), and Floki (FLOKI) soared by double digits this week. Mark Zandi, one of the top economists in the U.S. and…

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Google Cloud becomes a validator for Injective blockchain

Key Takeaways Google Cloud has become a validator for the Injective blockchain, enhancing security and reliability. Injective will utilize Google Cloud’s infrastructure to provide developers with tools and access to real-time blockchain data. Share this article Google Cloud is now an official validator for Injective, the DeFi-focused, interoperable layer 1 blockchain, according to a Wednesday…

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Chainlink As New Global Standard? LINK Could Underpin Future of Stablecoins and Real World Assets

Chainlink, a decentralized oracle network that links off-chain data to blockchain systems, is taking steps that could position it as a critical component for stablecoins and tokenized real-world assets (RWAs). Its Proof of Reserves (PoR) technology, already deployed to verify asset backing, is gaining traction, and a recent partnership with a major financial hub in…

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BTCC Exchange Expands Spot Market with 10 New Altcoin Listings, Featuring PI and AI16Z to Capture Emerging Crypto Trends

[PRESS RELEASE – Pending, Pending, March 26th, 2025] Global crypto exchange BTCC is taking a strategic step to broaden its spot market offering with the listing of 10 trending altcoin pairs on March 28, 2025. This move reinforces BTCC’s commitment to diversifying trading opportunities for users worldwide. The newly listed assets include PI, VELO, KAS,…

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