Author: Digicoinvision
A hacker has conducted a massive exploit of the $YU token, minting hundreds of millions of tokens and swapping some of them into stablecoins and Ethereum on various blockchains. The cross-chain infrastructure remains a challenge that is indicated in the incident. The attacker minted 120 million $YU tokens on the Polygon network, according to on-chain data. This was cross-bridged and sold within Ethereum and Solana for 7.71 million, and the hacker received 7.7 million in USDC. Remaining $YU Tokens Still in Circulation Although the first conversion has already brought great returns, the hacker does not yet have small sums of…
Calling crypto “Web 3.0”, the third layer of the internet that enables permissionless asset ownership on the Web, “undermines” crypto’s true significance, which is a complete overhaul of the capitalist system, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius. Mumtaz said that crypto supercharges all the necessary ingredients for capitalism to function properly, including the free flow of information in a decentralized way, immutable property rights, incentive alignment, transparency, and “frictionless” capital flows. Mumtaz added:“Crypto’s endgame will be that it fundamentally evolves the most impactful human invention of all time: capitalism. We said crypto was Web…
Join Our Telegram channel to stay up to date on breaking news coverage Pump.fun, MemeCore, and World Liberty Financial led gainers as CoinMarketCap’s Altcoin Season Index closed in on an official altcoin season. PUMP had jumped 29% as of 1:52 a.m. EST, extending its weekly gain to more than 70%, M added 10% for a weekly rise above 35%, and WLFI climbed 8% amid a token buyback and burn proposal. PUMP price chart (Source: CoinGecko) The strong 24-hour gains reflect growing momentum across altcoins, signaling that traders are rotating capital into smaller tokens ahead of a potential altcoin season. TradingView…
Calling crypto “Web 3.0”, the third layer of the internet that enables permissionless asset ownership on the Web, “undermines” crypto’s true significance, which is a complete overhaul of the capitalist system, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius. Mumtaz said that crypto supercharges all the necessary ingredients for capitalism to function properly, including the free flow of information in a decentralized way, immutable property rights, incentive alignment, transparency, and “frictionless” capital flows. Mumtaz added:“Crypto’s endgame will be that it fundamentally evolves the most impactful human invention of all time: capitalism. We said crypto was Web…
Calling crypto “Web 3.0”, the third layer of the internet that enables permissionless asset ownership on the Web, “undermines” crypto’s true significance, which is a complete overhaul of the capitalist system, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius. Mumtaz said that crypto supercharges all the necessary ingredients for capitalism to function properly, including the free flow of information in a decentralized way, immutable property rights, incentive alignment, transparency, and “frictionless” capital flows. Mumtaz added:“Crypto’s endgame will be that it fundamentally evolves the most impactful human invention of all time: capitalism. We said crypto was Web…
Native Markets, one of the teams that submitted a proposal to issue and manage the Hyperliquid crypto exchange’s US dollar stablecoin (USDH), officially claimed the USDH ticker on Sunday, following a community vote.The project will deploy the inaugural Hyperliquid Improvement Proposal (HIP) for USDH and an ERC-20 token, the token standard for the Ethereum network, in the coming days, Max Fiege, founder of Native Markets, said in an X post. He also outlined the next steps:“We will then start with a testing phase for mints and redeems of up to $800 per transaction with an initial group, to be followed…
Native Markets, one of the teams that submitted a proposal to issue and manage the Hyperliquid crypto exchange’s US dollar stablecoin (USDH), officially claimed the USDH ticker on Sunday, following a community vote.The project will deploy the inaugural Hyperliquid Improvement Proposal (HIP) for USDH and an ERC-20 token, the token standard for the Ethereum network, in the coming days, Max Fiege, founder of Native Markets, said in an X post. He also outlined the next steps:“We will then start with a testing phase for mints and redeems of up to $800 per transaction with an initial group, to be followed…
“The best way to predict the future is to invent it.” Alan Kay January 3rd 2009 marked the beginning of a new era. The invention of the blockchain is a milestone in technology — the string of characters 36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2 being just one of the side effects triggered by it. Thanks to you and this technology, more than thirty one thousand bitcoins will go towards spawning an entire new digital realm. The unfettered peer to peer world wide digital finance grid is building itself out. You make this possible. More than 5000 years ago, the earliest economic systems were introduced in Mesopotamia,…
Journalist Posted: September 15, 2025 Key Takeaways There was a flurry of bullish news for Chainlink in recent weeks. Signs of accumulation and steady buying pressure meant that LINK would likely see further gains. Chainlink [LINK] saw positive news developments in recent weeks. The partnership with Japan’s SBI Holdings and the Bitwise Chainlink ETF filing were bullish catalysts for the altcoin, driving traction in the derivatives market. The addition of LINK to the Chainlink reserve also reinforced the long-term sustainability of the network. Bringing macroeconomic data onchain together with the U.S. Department of Commerce also brought interest from investors. Source:…
Key points:Bitcoin drifts toward $115,000 into the weekly close ahead of a key macro week.BTC needs a weekly close above $114,000 to stay “bullish,” analysis says.Markets are convinced that the Federal Reserve will cut interest rates next week.Bitcoin (BTC) circled weekend lows into Sunday’s weekly close ahead of a major week for crypto and risk assets.BTC/USD one-hour chart. Source: Cointelegraph/TradingView”Time to pay attention” to Bitcoin priceData from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping toward $115,000.The pair avoided major volatility after the week’s last Wall Street trading session, during which it hit $116,800 — its highest since Aug. 23.“Pretty…