Tag: confirms
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Ostium Confirms $23.75 Million USDC Loss from Liquidity Vault Following Sophisticated Off-Chain Infrastructure Compromise
Ostium, a prominent decentralized finance (DeFi) protocol specializing in perpetual contracts, has officially confirmed a significant security breach that resulted in the draining of 23,752,746 USDC from its liquidity-provider (LP) vault on July 15, 2026. The Arbitrum-based platform revealed that the sophisticated attack exploited a vulnerability in its off-chain pricing infrastructure, allowing an attacker to…
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Axelar Confirms $4.67M Exploit on Secret Network Bridge, Core Protocol Remains Unaffected
Cross-chain infrastructure provider Axelar has acted with urgency to mitigate a significant security incident resulting in the loss of approximately $4.67 million worth of tokens. The breach, which was identified and addressed swiftly, targeted assets bridged via the Inter-Blockchain Communication (IBC) protocol from the Axelar chain to Secret Network. In response, Axelar’s emergency committee immediately…
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Russian Finance Minister Confirms Use of Bitcoin for International Trade to Circumvent Western Sanctions
Russian Finance Minister Anton Siluanov has officially confirmed that Russian enterprises are actively utilizing Bitcoin to facilitate international trade transactions, marking a significant shift in the Kremlin’s approach to digital assets as a tool for economic survival. In a statement provided to Reuters, Siluanov detailed that these transactions are part of a broader experimental legal…
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Russian Finance Minister Confirms Use of Bitcoin in Foreign Trade to Circumvent Western Sanctions Amid Shifting Energy Policies
In a significant revelation regarding the evolution of global finance and geopolitical maneuvering, Russian Finance Minister Anton Siluanov has confirmed that Russian enterprises are actively utilizing Bitcoin to facilitate international trade transactions. This development marks a pivotal shift in the Kremlin’s economic strategy as it seeks to bypass the extensive web of Western sanctions that…
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Mexican Billionaire Ricardo Salinas Confirms 80% of Liquid Portfolio in Bitcoin, Cites Long-Term Value and Asymmetrical Upside Potential
Mexican billionaire Ricardo Salinas, a prominent figure in the cryptocurrency space and a vocal proponent of Bitcoin, has reaffirmed his significant allocation to the digital asset, stating that approximately 80% of his liquid investment portfolio is now dedicated to Bitcoin. This substantial commitment comes amid ongoing market volatility and continued skepticism surrounding digital currencies from…
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Russia Confirms Strategic Use of Bitcoin for International Trade Settlements to Circumvent Western Sanctions Amid Growing Energy Constraints
In a definitive acknowledgment of the shifting landscape of global finance, the Russian Federation has officially confirmed the active use of Bitcoin and other cryptocurrencies in its international trade operations. Russian Finance Minister Anton Siluanov recently verified that domestic companies have begun utilizing digital assets to facilitate cross-border transactions, a move designed to bypass the…
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Stellar Lumens (XLM) Confirms Major Structural Shift with Multi-Year Trendline Breakout, Signalling Potential Market Reassessment
Stellar Lumens (XLM) has registered a pivotal shift in its market structure, definitively breaking above a long-standing descending trendline on its weekly chart. This development has captured the attention of traders and analysts alike, who are now recalibrating their assessments of XLM’s short-term trajectory and long-term potential amidst evolving broader cryptocurrency market conditions. The confirmed…
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