Linea: The Velocore DEX was exploited. Linea's team made a decision to halt block production by pausing the sequencer and censor attacker addresses to protect the users and builders in our ecosystem. Like other L2s, we are still in the "training wheels" phase of existence, giving us safeguards to use.
Matter Labs, the corporate entity behind zkSync, suddenly announced: As a result of these conversations, we decided to drop all trademark applications for the term “ZK”. On May 31, Matter Labs stated: Like it or not, trademarks are the only legal tool available for this today.
Breaking: Your Binance account may have been compromised due to downloading the KOL-promoted Google plugin Aggr. A Chinese user used this plug-in, which resulted in null million being stolen through cross-trading on May 24th. Another Binance user had his funds stolen on March 1. Hackers use hijacked cookies to bypass password/2FA verification and log into victim's Binance account.
An OKX user disclosed today that hackers purchased his personal information and used AI to create fake videos. Hackers used these to change the victim's OKX passwords and even 2FA. More than $2 million US were stolen. Be wary of Deepfakes and personal data leaks.
Crypto exchange BitPanda announced a partnership with Germany's largest bank, Deutsche Bank, to enable the crypto trading platform to access its international bank account number (IBAN). BitPanda users in the region will be able to use IBAN deposit and withdrawal services, and all fiat deposit and withdrawal requests will be settled in real time through Deutsche Bank.
Riot Platforms, one of the largest crypto mining companies, will seek to acquire BitFarms, another leading mining company. Riot has acquired a 9.25% stake and planned to make a public takeover offer, but was rejected last month. Riot has proposed to acquire Bitfarms for $ 2.30 per share to an equity value of $ 950 million.
Upbit, South Korea's largest cryptocurrency exchange, will launch the Korean trading pair of Bounce (AUCTION), which will start trading at 18:50 local time.
After Upbit released the announcement, its price rose from US$ 18 to US$ 28 in a short period of time, an increase of more than 55.6%.
Justin Sun said in an interview that running a business is very similar to playing Texas Hold'em, winner takes all. His idol is a mix of CZ and Vitalik, and work is his only important thing at this stage. He said SBF made the industry back five to ten years. Before entering the crypto, he planned to become a lawyer.
Mastercard announced the launch of the first P2P pilot transaction of Mastercard Crypto Credential on May 29. Crypto exchange users will be able to send and receive crypto using their Mastercard Crypto Credential aliases. Users in Argentina, Brazil, Chile, France, Guatemala, Mexico, Panama, Paraguay, Peru, Portugal, Spain, Switzerland and Uruguay will be able to send cross-border and domestic transfers across multiple currencies and blockchains.
Gemini announced that earn users received $ 2.18 billion of their digital assets in kind today. They reached a settlement in principle with Genesis and other creditors in the Genesis Bankruptcy, which will result in all Earn users receiving 100% of their digital assets back in kind. Gemini contributed $ 50 million to the Earn users’ recovery.