DxSale Drained for $7.3M in BNB Chain Liquidity Exploit
Malicious actors exploited a backdoor in DxSale's legacy liquidity lockers to drain millions in BNB, laundering the stolen assets through multiple obfuscation hops and exchange deposits.
Mining - Page 2
Mining is the process by which new cryptocurrency coins are created and transactions are validated on certain blockchains. It involves solving complex cryptographic problems using computing power to secure the network. Miners are rewarded with newly issued coins and transaction fees for their work. Mining is most commonly associated with proof-of-work blockchains like Bitcoin. While effective for security, mining is often criticized for its high energy consumption.
Latest Mining News
DeFi United Outlines Technical Path to Restore rsETH Following Bridge
A coalition of DeFi leaders has released a comprehensive plan to stabilize rsETH and Aave liquidity markets after a 116,500 ETH exploit, avoiding socialized losses through…
Solana’s Quantum Contingency: Proactive Defense in High-Throughput Era
While quantum threats remain years away, Solana’s core developers and ecosystem partners have already finalized migration paths using Falcon signatures and Winternitz Vaults.
Circle Ventures and Consensys Support Aave Recovery Initiative
Circle Ventures has acquired AAVE tokens to join the DeFi United recovery effort following the April 18 rsETH exploit, alongside a 30,000 ETH commitment from Consensys.
Quantum Computer Breaks 15-Bit Cryptographic Key, Sparking Debate Over Bitcoin’s Security
A quantum computing breakthrough has cracked a 15-bit elliptic-curve key, raising concerns about Bitcoin security and accelerating debate over post-quantum cryptography timelines.
Mastercard Joins Blockchain Security Standards Council to Boost Industry-Wide Security
Mastercard has joined the Blockchain Security Standards Council, aiming to strengthen security, trust, and interoperability across blockchain and digital asset ecosystems.
BitMEX Proposes Canary Fund to Counter Bitcoin Quantum Threat Without Coin Freeze
BitMEX Research has proposed a “canary fund” system to address potential quantum threats to Bitcoin, offering a conditional alternative to controversial plans to freeze vulnerable coins.
eToro Acquires Zengo for $70M to Expand Crypto Self-Custody and Blockchain Strategy
eToro is acquiring Israeli self-custodial crypto wallet provider Zengo for approximately $70 million. The key goal behind this step is to enhance its blockchain capabilities and…
Japan Moves to Classify Crypto as Financial Instruments Under New Law
Japan approves a bill to classify cryptocurrencies as financial instruments, introducing stricter oversight, insider trading bans, and disclosure rules.
Solo Bitcoin Miner Defies Odds to Win $210K Block Reward
A solo Bitcoin miner beat steep odds to earn a $210,000 reward, highlighting the unpredictable nature of mining.