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New York judge extends $63M asset freeze to aid Multichain liquidation

New York judge extends $63M asset freeze to aid Multichain liquidation

A New York federal judge extended a $63 million asset freeze to assist Singapore liquidators in Multichain’s ongoing liquidation case.
EIGEN goes live on Google Cloud’s Web3 faucet to boost developer testing

EIGEN goes live on Google Cloud’s Web3 faucet to boost developer testing

EigenLayer’s native token EIGEN has officially launched on Google Cloud’s Web3 faucet to streamline blockchain testing for developers. With this in...
Sonic Labs reveals plan to launch Sonic USA LLC

Sonic Labs reveals plan to launch Sonic USA LLC

Sonic Labs secured 99.99% support from participating wallets to issue $200 million worth of its S tokens.
Hacker hits CrediX for $200K after $2.64M flash loan exploit on Sonic chain

Hacker hits CrediX for $200K after $2.64M flash loan exploit on Sonic chain

CrediX, a Sonic lending protocol, suffered a series of unauthorized exploits. The hack is relatively small, but shows the vulnerability of even min...
Optimism Flickers At $0.553: A Recovery Or A Pause The Decline?

Optimism Flickers At $0.553: A Recovery Or A Pause The Decline?

Crypto Man MAB, in his latest analysis on X, pointed out that Optimism (OP) is now priced at $0.553, showing a mild increase of +0.004 (+0.73%) wit...
Sonic Labs abandons Wintermute, seeks new market maker

Sonic Labs abandons Wintermute, seeks new market maker

Sonic announced it is ending its contract with the Wintermute market maker. The wallets of Wintermute sold 3M S tokens in the past 24 hours, sendin...
Sonic Labs wins legal ruling to force Multichain Foundation liquidation for fund recovery 

Sonic Labs wins legal ruling to force Multichain Foundation liquidation for fund recovery 

Sonic Labs has secured a legal victory in Singapore to force the liquidation of the Multichain Foundation, following the massive 2023 hack of $210 ...
Binance Alpha Launch Sends SHADOW Price From $27 to $44 in One Hour

Binance Alpha Launch Sends SHADOW Price From $27 to $44 in One Hour

Sonic Chain’s first major token, SHADOW, has launched on Binance Alpha, and crypto users have observed an impressive rally in the digital asset’s p...
Can Ethereum Recover in April After $117M Whale Moves to Exchanges – Price Analysis

Can Ethereum Recover in April After $117M Whale Moves to Exchanges – Price Analysis

Significant amounts of Ethereum (ETH) were shifted to centralized exchanges over the past day by major players, signaling potential sell pressure w...
Critics say Ethereum must empower L2s, not extract value from them

Critics say Ethereum must empower L2s, not extract value from them

Ye Zhang, the co-founder of layer-2 network Scroll, has criticized the proposal to charge Ethereum Layer-2 networks. In a post on X, Zhang describe...