Indonesian exchange Indodax faces $15 million loss from apparent exploit:
Indonesian exchange Indodax faces $15 million loss from apparent exploit: PeckShield oleh Timmy Shen Quick Take Indodax said it has identified security issues on its platform, with PeckShield estimating the losses could amount to $15.7 million. Indodax added that it is conducting maintenance, and its website and app are currently inaccessible. Indonesian cryptocurrency exchange Indodax appears to have experienced exploits that have resulted in losses of about $15.7 million. PeckShield wrote on X
In the past 2 weeks, our daily active user addresses have hit 1.1 million multiple times, with single-day transactions peaking at 14.4 million. DOGS token distribution played a significant role in this surge. DOGS tokens are now held by 4.5 million unique wallets across $TON , putting it in a unique position — it has the most unique token holders on any chain , and it achieved this in just 2 weeks. Only USDt on TRON and Ethereum have more holders than DOGS.
DOGS, a meme project on TON inspired by Pavel Durov’s iconic dog image, has spawned the largest TGE meme in cryptocurrency history.
▪️ 53 million users engaged with DOGS Mini App ▪️ 42.2 million people qualified for token airdrop ▪️ 17 million users claimed their airdrop tokens ▪️ 4.5 million unique holders
This level of user engagement was previously unimaginable in Web3. In September, we anticipate larger TGEs for Catizen and Hamster Kombat, which could bring tens or even hundreds of millions of users to the blockchain for the first time. The network will undoubtedly face more technical stress and perhaps some unforeseen issues, but we are unwavering in our commitment to building and overcoming these challenges as we move towards mass adoption.$BTC #TipsTradingFutures #BTC #CryptoExplorerFiesta
💰 “Crypto points” are revolutionizing the way Web3 projects assign value to specific user behavior. Developers distribute these points to make their protocols more game-like, improve governance or voting, and discourage airdrop farmers. These points can act as a bridge to cryptocurrency payouts or other rewards, though they are often centralized and tracked by the project, not on the blockchain.
A solo miner managed to mine bitcoin block #858,978 and earned 3.27 $BTC BTC (over $199,000).
📌 The miner's hash rate reached only 456 PH/s, which was only 0.012% of the total bitcoin network hash rate of 665 EH/s. Such luck is equivalent to winning the lottery.
A new report from fintech firm Bitcoin River estimates that 10% of US-based companies will convert 1.5% of their cash reserves, roughly $10.35 billion, into $BTC in the next 18 months.🪙