Recovered from the SITE123 blog, Aug 2026. Imported as drafts for review.
The team behind Ore, a proof-of-work powered cryptocurrency native to Solana, recently clinched the “Grand Prize” at a Solana Foundation-sponsored hackathon, despite the project being implicated in a major disruption of the blockchain last month. Ore secured a $50,000 reward in USD Coin (USDC) for its participation in the “Solana Renaissance Hackathon,” aimed at identifying … Read more
Pi Network is making progress toward substantial growth. It has declared that it will be launching the Pi credit card in strategic partnership with YESBANK and AnqFinance. This partnership represents a significant turning point for the bitcoin sector as well as the Pi Network. The launch of the Pi credit card is in line with … Read more
The Dogecoin (DOGE) ecosystem’s main noncustodial wallet, Dogechain, is shutdown. It’s surprising how many people in the Doge army are unaware of the situation that has forced an X user and supporter of Dogecoin to come forward. The whistleblower, identified as Astro on X, wrote: #Dogechain has been operational for the past +10 years. Suddenly closing … Read more
The decentralized finance (DeFi) protocol Pike has clarified its previous statement regarding a vulnerability found in USDC Coin (USDC). The explanation follows the April 30 $1.6 million exploit on the platform. On May 1, Pike made a notice indicating that the attack was connected to a weakness on USDC and that USDC’s product offerings had … Read more
On April 24, the price of Renzo Protocol’s EZETH token depegged, momentarily falling to $688 on Uniswap before leveling off at parity with Ether (ETH), according to Dexscreener statistics. According to a post made on April 24 by anonymous crypto analyst Tommy, this occurrence appears to have been set off by a wider market sell-off … Read more
Ahmad Shadid, the CEO of Io.net, has revealed specifics of a Sybil assault on the network while highlighting the steps the organization is doing to strengthen security. Shadid’s postmortem, which was shared on social media, claims that the attackers used weaknesses to pretend that a GPU was available and to get incentives from the Solana-based … Read more
Understanding the so-called Proof-of-Stake (PoS) is one of the essential ideas to grasp to go deeper into the world of blockchain technology and cryptocurrencies. The distinction between centralized and decentralized systems using the Proof-of-Stake Blockchain A blockchain would only be a chain of linked blocks on its own, as the name implies. However, it is … Read more
Phoenix Wallet, a Bitcoin wallet developed by the Bitcoin technology company ACINQ, has declared that it would stop serving users in the United States. The wallet operator stated in a recent post on X that it will take Phoenix Wallet out of the United States app stores on May 3. The wallet service gave users … Read more
A fresh set of accusations has been brought against David Pan, the founder of the cryptocurrency exchange ACE, and another thirty-one people connected to the case in the ongoing legal battle between Taiwanese authorities and former executives of the company. Since January 2024, the exchange and its former directors have been the subject of an … Read more
With over 14,000 tokens in circulation and a $2.4 trillion market capitalization, more might not always be better. Forbes has identified a set of 20 cryptocurrencies, nicknamed “zombie blockchains,” that, in spite of their lack of user acceptance and real-world utility, continue to command high market prices. Famous names like Ripple (XRP), Cardano (ADA), Litecoin (LTC), … Read more