Author: Ethan Carter

The DeFi project Abracadabra has experienced another exploit, resulting in approximately $1.7 million being drained from its platform.On October 4, the blockchain security firm Go Security reported the breach and confirmed that the attackers had laundered about 51 ETH via Tornado Cash. At the time of the report, the attacker’s wallet (identified as 0x1AaaDe) still contained around 344 ETH, worth roughly $1.55 million.Sponsored SponsoredHow Abracadabra Was Exploited for the Third TimeSecurity researcher Weilin Li verified the exploit and explained that the attacker manipulated the variables within Abracadabra’s smart contract to circumvent a solvency check. This manipulation enabled them to borrow…

Welcome to Slate Sunday, CryptoSlate’s weekly feature highlighting in-depth interviews, expert insights, and thought-provoking op-eds that delve into the ideas and voices shaping the future of crypto beyond just headlines.When you ask 1inch co-founder Sergej Kunz about the direction of DeFi, expect more than the usual commentary on financial inclusion or a safeguard against fiat devaluation.Kunz is straightforward and approaches the future of the sector like a hunter in pursuit of prey; focused, relentless, and unflinching. To him, DeFi’s future is about seamless, peer-to-peer interactions, providing a user experience so fluid that centralized exchanges become redundant.As a leading DEX aggregator…

Bitcoin reached a new all-time high over the weekend, leading analysts to suggest a renewed accumulation phase that could escalate the price to $150,000 by year-end.Bitcoin (BTC) achieved a new all-time high exceeding $125,700, with its market capitalization briefly surpassing the $2.5 trillion mark for the first time in cryptocurrency history, according to Cointelegraph’s report on Sunday.This rally was bolstered by various macroeconomic factors, including the recent US government shutdown—the first since 2018—prompting some analysts to point to a revived interest in Bitcoin as a store of value.Fabian Dori, chief investment officer at Sygnum Bank, noted that in the past,…

Bitcoin has surged past the $125,000 mark, achieving a new all-time high amidst one of the most muted market rallies in history. While this milestone was reached on a quiet Sunday, the absence of memes, commentary, and excitement was distinctly noticeable. As Vijay Boyapati, author of The Bullish Case for Bitcoin, remarked: “Quietest Bitcoin all-time high ever. No news. No interest. No FOMO. We’re going much, much higher.” However, significant macro factors are already shaping the next phase for this beloved decentralized asset, even if retail traders appear to be unaware of it. A new Bitcoin all-time high, but no…

Bitcoin reached a new all-time high over the weekend, leading analysts to suggest a renewed accumulation phase that could drive a rally to $150,000 by year’s end.Bitcoin (BTC) hit a new record above $125,700, and its market capitalization briefly exceeded $2.5 trillion for the first time in cryptocurrency history, as reported by Cointelegraph on Sunday.This surge was supported by various macroeconomic factors, including the recent US government shutdown—the first since 2018—which some analysts believe has reignited interest in Bitcoin’s role as a store of value.Historically, similar conditions have led to “major price milestones,” according to Fabian Dori, chief investment officer…

502 Bad Gateway

Opinion by: Fred Hsu, co-founder and CEO at D3A small business owner possesses a premium domain like organic.shop but struggles for months to find a buyer willing to meet their asking price.Conversely, someone on the other side of the world effortlessly purchased a fraction of a Manhattan apartment via tokenized real estate in less than five minutes.This stark contrast highlights a significant inconsistency within our digital economy. While the real-world asset (RWA) tokenization market is on a trajectory towards a $400 trillion potential, the domain industry remains ensnared in Web2 illiquidity, despite having 360 million registered domains and a $10…

MetaMask has introduced a new reward initiative valued at over $30 million in LINEA tokens to boost engagement prior to its long-anticipated token launch.The program features a systematic points structure for participants, determining eligibility for rewards based on trading activities and overall involvement within the MetaMask ecosystem.Sponsored As revealed in a recent GitHub commit, MetaMask has discreetly included a “Ways to Earn Rewards” feature on its platform, which is yet to be activated.Documentation indicates users will acquire 80 points per $100 in spot trades, 10 points per $100 in perpetual trades, and 250 points for every $1,250 in historical volume.…

The Bitcoin momentum appears to be unstoppable. Bitcoin has reached a record high today, surpassing its earlier peak of $124,466. It rose more than 13% in the last week, quickly bouncing back from $109,000 at the end of September to hit $125,750 today, based on data from Bitcoin Magazine Pro. The last time bitcoin approached these figures was in August. Several factors are driving this bullish shift. Macroeconomic uncertainties — including the current U.S. government shutdown — have prompted investors to look for alternatives like bitcoin, which is often viewed as a safeguard against traditional financial risks. Geoffrey Kendrick, the…

Global demographic changes and increasing wealth may drive cryptocurrency adoption and asset demand well into the next century.The demand for global assets, including cryptocurrencies, is projected to rise due to an aging population and enhanced productivity globally, leading to an older demographic with more capital for investment.This trend is expected to sustain asset demand until 2100, as noted by the US Federal Reserve Bank of Kansas City. “For asset demand, population aging means that the upward trend from recent decades will persist,” a research report published on Aug. 25 stated.“Employing demographic forecasts to extend our historical analysis, we estimate that…