Following a $5.8 million hack on April 26, Loopscale is in discussions with the exploiter for the return of stolen USDC and SOL tokens, potentially in exchange for a bounty. Here’s a breakdown of the situation.
Tag: Cybersecurity
Bots vs. Humans: Protecting Blockchains with Proof-of-Human Infrastructure
Explore how AI bots impact blockchain networks, driving up fees and manipulating markets. Learn about the importance of ‘proof-of-human’ infrastructure to ensure fair access and prevent bot dominance.
XRP Price Surge: Analyzing the Factors Driving the Recent Rally
Explore the reasons behind XRP’s recent price increase, including potential ETF launches, whale accumulation, and technical analysis pointing to further gains.
Coinbase Advocates for SEC Staff Crypto Holdings to Enhance Regulatory Understanding
Coinbase is urging the U.S. Office of Government Ethics (OGE) to revise its rule prohibiting SEC staff from holding cryptocurrencies. They argue practical experience with crypto is crucial for effective regulation.
Web3’s Secret Weapon: How Regulations Fuel DeFi Innovation and Security
Discover how strategic regulations in the Web3 space are not stifling innovation, but fostering growth, user safety, and institutional adoption in decentralized finance (DeFi). Explore risk-based approaches, self-regulatory frameworks, and the role of regulatory sandboxes in shaping the future of DeFi.