Investigator ZachXBT says the hack was pulled off by the North Korean Lazarus Group, connecting it on chain to the Phemex hack. Bybit CEO Ben Zhou confirmed in a Friday livestream that the $1.5 billion hack against his crypto exchange lost the firm the vast majority of its customers’ ETH...
Solana Apps Generate 10x More Revenue Than Ethereum: Research
Solana doubled Ethereum’s trading volume, hitting $5.39B vs. $2.14B, while perpetual trading reached $1.09B, surpassing Ethereum’s $470M. Solana is defying the market downturn, generating significantly more revenue than Ethereum. Data collected by blockchain researcher Aylo shows Solana-based apps pulled in ten times more revenue than their Ethereum-based counterparts. Speculation as...
MetaMask Introduces a Feature Allowing Users to Pay Gas Fees with Tokens
Previously, Ethereum users had to purchase ETH for gas fees, but MetaMask now enables payments using multiple tokens. MetaMask has introduced a new feature that allows people to use a selection of tokens to pay gas fees when using MetaMask Swap for smart transactions. Dubbed Gas Station, the innovation addresses...
Standard Chartered Launches Luxembourg Entity for EU Crypto Custody
Luxembourg will host Standard Chartered's EU digital asset operations. Standard Chartered has announced the launch of a new entity in Luxembourg to serve as its regulatory entry point for providing crypto and digital asset custody services to clients within the European Union (EU). The multinational bank’s initial crypto services in...
