Following a bug in Osmosis that “allowed liquidity providers to earn an extra 50% when adding and withdrawing liquidity,” the chain was halted to avoid further damage to liquidity pools. The post Osmosis back online after fixing bug that caused liquidity exploit appeared first on CryptoSlate.

The total global market cap of all cryptocurrencies has dropped below $1 trillion for the first time since January 31, 2021. The post Total crypto market cap falls below $1T for first time since January 2021 appeared first on CryptoSlate.

LUNA validators PFC, Lavender.Five and Red Herring have called out new validators to raise the commission levels from 0% to 20% without informing their delegators. The post Validator Wars: New LUNA validators accused of unethical behavior appeared first on CryptoSlate.

Jack Dorsey announced at Consensus 2022 that TBD, the Bitcoin arm of Block, is working on a new vision for the internet – something it is calling web5. The post Web5 announced by Jack Dorsey’s Block to replace web3 as future of internet appeared first on CryptoSlate.

Do Kwon was recently accused of withdrawing $80 million a month from the Terra ecosystem leading up to the crash — fresh allegations claim this happened more than 33 times, and a staggering $2.7 billion was taken out of the system through Degenbox by Abracadabra Money. The post Do Kwon denies fresh allegations of withdrawing $2.7B from Terra ecosystem via Degenbox appeared first on CryptoSlate.