According to on-chain data, the net value of Ethereum removed from staking has surpassed $1 billion in value over the past 24 hours, yet again showcasing the network’s ability to perform live network-wide updates without issue. ETH withdrawals in action A total of $1.7 billion has been withdrawn since the Shanghai and Capella upgrades went The post $1B staked ETH withdrawn in 24hrs as round 2 begins appeared first on CryptoSlate.

The NFT marketplace, and infamous internet name, LimeWire, has entered the web3 gaming space to promote the upcoming public sale of its LMWR token. The experiential browser game transports users back to the early 2000s when LimeWire was a completely different beast. LimeWire’s only tie to the original version is the domain name, with the The post Search music, film on LimeWire like the early 2000s for LMWR tokens appeared first on CryptoSlate.

The price of Bitcoin soared today, April 11, as it smashed through a historically tough resistance of $28,700 to hit year-to-date highs of over $29,200. The flagship cryptocurrency rose 3.5% in Monday’s U.S. trading hours after opening just above $28,100. Over $95.5 million has been liquidated from the market, with $40 million in short liquidations The post Bitcoin hits year-to-date high as it breaks $29k appeared first on CryptoSlate.

A critical vulnerability has been identified in the DeFi protocol SushiSwap by security firm PeckShield this weekend, with the exploit involving the ‘RouterProcessor2’ contract used for trade routing on the SushiSwap exchange. “It seems the SushiSwap RouterProcessor2 contact has an approve-related bug, which leads to the loss of >$3.3M loss (about 1800 eth) from 0xSifu,” The post SushiSwap token allocation exploit drains $3.3M as users urged to revoke token allowances appeared first on CryptoSlate.

The US Department of the Treasury has released the world’s first DeFi Illicit Finance Risk Assessment, which analyzes decentralized finance (DeFi) services and their vulnerabilities to “illicit activities.” The assessment found that “cybercriminals, ransomware attackers, scammers, and North Korean hackers” are using DeFi services to launder funds due to “non-compliance” with anti-money laundering (AML) and The post US Treasury sees ‘potential benefits’ of DeFi following risk assessment appeared first on CryptoSlate.