Lockridge

CertiK Researchers Linked to Kraken’s $3 Million Attack

The trading platform tried to recover the funds immediately but resorted to law enforcement, citing a case of extortion. Kraken exchange’s recent $3 million bug attack has been linked to smart contract auditing firm CertiK, which confirmed the association. They discovered a series of critical vulnerabilities that could potentially lead to hundreds…

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Kraken Reports Nearly $3 Million Bug-Related Exploit

The incident highlights the insecurities and vulnerabilities that continue to infest the industry. Kraken revealed a bug attack on June 9, which saw the bad actor make away with nearly $3 million. Based on the report shared by Kraken Chief Security Officer Nick Percoco, the exchange received a bug bounty program alert.…

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Tether Plans to Boost Blockchain Education in Taiwan

The issuers’ USDT boasts the largest valuation among top stablecoin tokens on market capitalization metrics. Stablecoin issuer Tether has launched an initiative to enhance blockchain and digital asset education in Taiwan. To this end, it has partnered with the National Taipei University of Technology (NTUT), also known as Taipei Tech.…

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SynFutures TVL Hits $62 Million Amid Base Expansion

The venture will enable its commitment to support emerging meme coin projects with incentives available for the best performers. Joins the Meme Coin Craze In a recent X post, SynFutures announced plans to expand its market reach on the Coinbase L2 network, Base. The decentralized derivatives protocol will also launch a…

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Polkadot Approves $65 Million Fund to Develop JAM Architecture

Reports indicate that the project’s community approved the proposed upgrade almost unanimously.   The DOT community approved the Join-Accumulate Machine (JAM) protocol. On May 27, Polkadot founder Gavin Wood indicated a nearly unanimous governance vote. With it, Web3 Foundation has launched a prize pool of 10 million DOT tokens worth $65 million. This is…

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