Crypto

ZetaChain Suspends Cross-Chain Operations After Smart Contract Breach

ZetaChain has announced a halt to its cross-chain operations due to a recent breach of its smart contract. This decision comes as the platform addresses vulnerabilities that were exploited, impacting user assets. The company is investigating the breach and implementing measures to enhance security. Developers and users have been urged to stay updated as the situation develops. This incident raises concerns regarding the safety of cross-chain protocols and their reliance on smart contracts. The market is closely watching ZetaChain's response and the potential implications for the broader blockchain community.

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DeFi United Secures $300 Million to Recover from Kelp Hack

DeFi United Secures $300 Million to Recover from Kelp Hack

The DeFi United Initiative has successfully raised over $300 million in response to the recent Kelp hack, gathering 132,704 ETH through community donations. This significant financial influx aims to support the recovery and strengthening of the DeFi ecosystem affected by the hack. Contributors from various sectors within the blockchain

Can Bitcoin Break Above $80K? Insights on BTC's Latest Setup

Can Bitcoin Break Above $80K? Insights on BTC's Latest Setup

Recent analyses suggest that Bitcoin may be on the verge of a significant price surge, with several on-chain metrics indicating bullish trends. Traders and analysts are increasingly optimistic, pointing to key support levels and market sentiment favoring a move above $80,000. The potential breakout could attract more investors as

Bitcoin's Major Sellers Go Silent Amid Rising Reserves

Bitcoin's Major Sellers Go Silent Amid Rising Reserves

Recent trends indicate that Bitcoin's largest sellers have considerably curtailed their activity, leading to a notable decrease in deposits and a rise in reserves. This shift raises questions about potential future price movements and market dynamics for Bitcoin. Analysts suggest that these sellers may be holding onto their