Global

For four months, a malicious wallet app masqueraded as WalletConnect, one of the leading Web3 protocols designed to ensure secure communication between cryptocurrency wallets and decentralized applications (dApps).

The market sentiment surrounding Ethereum (ETH) has taken a bearish turn, primarily driven by recent price volatility and a notable decline in network activity.

​The recent early release of Binance founder, Changpeng Zhao, from custody has sent ripples through the cryptocurrency market. The news coincided with a slight dip in the prices of both Bitcoin (BTC) and Binance's native token, BNB.

The crypto liquid restaking protocol Bedrock has suffered a significant setback, losing approximately $2 million in a security exploit. The incident has raised eyebrows, especially after the protocol attempted to recruit the very hacker who exploited its vulnerabilities to enhance its security measures.

The cryptocurrency market is experiencing a notable upswing, with almost all top cryptocurrencies showing positive growth in the last 24 hours. Bitcoin and Ethereum have increased by 3.3% and 2.0%, respectively, while BNB, Solana, XRP, and Dogecoin have seen gains of 2.3%, 5.4%, 0.6%, and a striking 9.4%.

Render (RENDER) has experienced a significant surge in price, outperforming both Bitcoin and Ethereum in recent weeks. This bullish momentum is largely attributed to the accumulation of RENDER tokens by large holders, known as whales.