Liquid Network suffers $320M hack as 4,000 BTC drained from federation wallet
The hack exposes vulnerabilities in Bitcoin sidechains, challenging trust in federated models and prompting scrutiny of open-source security. The post Liquid Network suffers $320M hack as 4,000 BTC drained from federation wallet appeared first on Crypto Briefing....
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Ethereum Aims for Quantum-Safe L1 by 2029 as Hegotá Upgrade Takes Form
Ethereum is targeting a quantum-resistant Layer 1 by December 2029, with the Ethereum Foundation’s Protocol cluster laying out a multi-fork plan as Hegotá enters its scoping phase. Post-quantum security sits alongside privacy, faster finality, state management and zkEVM development, while the next upgrade faces strict limits on additional scope....
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Cronos says $9.19M remains unrecovered after $120M Tectonic exploit
Cronos has confirmed that $9.19 million remains unrecovered after an attacker borrowed $120.4 million from Tectonic, while a validator-backed rollback reversed roughly $111.2 million in affected value. According to a post-mortem published by Cronos on Monday, the attacker manipulated the…...
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Sweden orders six crypto firms to pay $56M in additional taxes
Sweden’s tax authority has ordered six crypto companies operating in Boden to pay nearly 540 million Swedish kronor (approx. $56 million) in additional taxes after finding that the firms used business structures to obtain tax benefits they were not entitled…...
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Telegram faces major outage affecting Asia and Oceania
The outage highlights the vulnerability of regional data centers, emphasizing the need for robust infrastructure to ensure service reliability. The post Telegram faces major outage affecting Asia and Oceania appeared first on Crypto Briefing....
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ASML secures commitments from top chipmakers for new production gear
ASML’s strategic advancements and capacity expansion could reshape global semiconductor dynamics, intensifying competition and innovation. The post ASML secures commitments from top chipmakers for new production gear appeared first on Crypto Briefing....
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Asian banks lead record dollar bond issuance ahead of potential rate hikes
Asian banks’ bond surge may signal shifting financial strategies, potentially influencing global market expectations amid looming rate hikes. The post Asian banks lead record dollar bond issuance ahead of potential rate hikes appeared first on Crypto Briefing....
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Crypto traders turn on Hunter Biden’s LAPTOP memecoin before it even launches
Kraken deleted a promotional post after backlash, while a media group named in the token’s distribution publicly distanced itself from the project....
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Boyaa Interactive adds 205 Bitcoin, taking total holdings to 4,316 BTC
Boyaa Interactive has purchased approximately 205 Bitcoin for $14.3 million, raising its total holdings to roughly 4,316 BTC as the gaming company continues to deploy crypto assets across its Web3 projects. Boyaa Interactive International Limited said in a Sept. 4…...
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South Korea’s KRW1 stablecoin taps LayerZero for cross-chain expansion
BDACS has selected LayerZero’s Omnichain Fungible Token standard for its KRW1 stablecoin, giving the won-backed asset a unified cross-chain system as the company seeks to expand its use outside South Korea. LayerZero said BDACS, South Korea’s largest digital asset custodian…...
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