Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

Understanding the dYdX Platform Compromise: A Cautionary Tale for crypto Enthusiasts The crypto world was recently shaken by news from the decentralized crypto-exchange dYdX, spotlighting a critical issue that has ripple effects for digital asset traders The platform's announcement about its on-chain trading service on dYdV v3 facing a compromise is a stark reminder of the cybersecurity challenges in the crypto ecosystem The Heart of the Matter It was through a public alert that the crypto community became aware of the predicament facing dYdX's v3 website Users were advised to steer clear of the dydx exchange site due to a breach that specifically targeted the web domain...

The Big Rebound: Deciphering the Recent Crypto Market Surge Over the recent weekend, the cryptocurrency market witnessed an impressive bounce-back, leaving market spectators and investors buzzing Leading the rally, Bitcoin soared back up to the $58,000 mark from its weekly trough of $53,530 Other cryptocurrencies weren't left behind, with notable performers including LayerZero, Stellar Lumens, and Litecoin, all of which enjoyed a substantial uptick, rebounding by double digits from their lowest points in the week What's Behind the Crypto Comeback The revival of Bitcoin and its digital counterparts can be attributed to a trio of compelling factors...