Google and Mandiant reported that a group of North Korean hackers deployed malware, which uses artificial intelligence, to attack their crypto and DeFi system. The most striking attack involved searching for public blockchains, increasing the risks of direct theft and exfiltration of credentials for custodians, developers, and trading firms.
Author: liam
liam
Liam writes about Web3 and decentralized finance, focusing on how protocols, applications, and governance models are used in practice. His coverage centers on real adoption, integration, and the mechanics behind decentralized systems.Market developments and regulatory context are part of his reporting when they intersect with Web3 or DeFi activity.
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The Ethereum network is heading towards a profound evolution in how it validates blocks by integrating zero-knowledge proofs (ZK proofs) through the EIP-8025 proposal, an optional change that could make validation faster, cheaper and more accessible without sacrificing security or breaking compatibility with existing nodes.
Solana (SOL) plummeted approximately 38% over the past month, reaching a two-year low near $70. However, market data suggests it may rebound to $100.
Onyxcoin (XCN) continues its downward slide, with metrics showing a 40% increase in outflows from long-term holders. The downward pressure remains, and its price is currently hovering around $0.005098–$0.00523475.
Security researchers are investigating the Phantom wallet after an address poisoning attack resulted in the loss of $264,000 in Wrapped Bitcoin. According to investigator ZachXBT this Wednesday, the incident was enabled by the new messaging feature, which facilitated a phishing scheme that successfully deceived a high-balance investor within the decentralized network.
South Korea’s Financial Supervisory Service has launched a formal investigation against the Bithumb cryptocurrency exchange following a critical operational security incident. The platform mistakenly credited a total of 620,000 Bitcoin units to its users’ accounts, representing an amount exceeding 42.8 billion dollars in non-existent digital assets recently.
Mega Labs launched its minnet, MegaETH. It’s a Layer 2 minnet, and the company claims it has the capability to offer Web 2.0-level responsiveness. MegaETH positions itself as a specialized runtime layer within the Ethereum ecosystem.
Bitmine Immersion Technologies, chaired by Tom Lee, added 40,613 ether worth approximately $82 million, at an average price of $2,020 per ETH. The acquisition came as ether fell from over $2,300 to a low near $1,700 before stabilizing just above $2,000, allowing Bitmine to further consolidate its market position.
The Hyperliquid HYPE token has recorded a 41.5% increase over the past two weeks, diverging from the general bearish trend of leading currencies. This rally is based on a drastic reduction in token supply and its recent integration with Ripple, factors that have strengthened the derivatives market during a period of high global financial uncertainty right now.
According to Scam Sniffer, two victims recently lost 62 million dollars through address poisoning attacks, a technique that impersonates legitimate transaction addresses. This criminal method, which exploits user distraction when copying wallets, has gained momentum following the implementation of the Fusaka upgrade on the Ethereum network during this past December.
