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Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum

Reports indicate that the Wormhole Network’s ethereum solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The…

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Why did WazirX token WRX jump 30% after India announced its big crypto tax?

The Indian government said that it does not treat cryptocurrencies as illegal, clarifying that its transactions remain in a grey area.

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New Balance ‘Virtual Goods’ Trademarks Hint of Upcoming Metaverse and NFT Venture

Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items tied to its products. The firm filed three trademark…

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Hacker Siphons $80 Million From Qubit Cross-Chain Bridge, Largest Defi Exploit of 2022 to Date

Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain Ethereum bridge called Qubit has been hacked for $80 million. Data…

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