- Major Developments in Crypto: THORChain Dev Resigns, BitMEX Sale, and a Massive Liquidation Wave
THORChain Developer Resigns Over Sanctions Vote
A THORChain developer has resigned after a governance vote to block transactions linked to North Korean hackers failed. This decision raises serious questions about the protocol’s security and ethical stance, sparking intense debate within the community.
BitMEX Reportedly Seeking a Buyer
Crypto exchange BitMEX is reportedly in search of a buyer, according to Cointelegraph. While details remain unclear, this move could indicate a broader trend of consolidation in the crypto industry.
Arizona Pushes for Crypto Reserves
The Arizona Senate has approved two bills allowing cryptocurrencies to be used in state reserves. If passed by the House of Representatives, this could position Arizona as a leading crypto-friendly state in the U.S.
$231M Liquidated in Just One Hour
Over $231 million in crypto positions were liquidated in the past hour, highlighting increased market volatility. Traders should brace for potential price swings throughout the day.
Solana Users Targeted in New Phishing Scam
Solana-based Phantom wallet users are being targeted by a phishing attack disguised as a fake update notification. This scam aims to steal private keys, raising fresh security concerns within the Sola
na ecosystem.
