The Block Announces Emergence Event in Prague

The Block, a leading financial news publication focused on cryptocurrency, has announced its upcoming Emergence event to be held in Prague on December 5-6, 2024. The event promises to be a premier conference on the collective future of the crypto space.

DeFi Protocol Delta Prime Suffers $6 Million Exploit

The DeFi protocol Delta Prime has been hit with a $6 million exploit after an administrator's private key was leaked, according to Chaofan Shou, the founder of security firm Fuzzland. The attack occurred on Arbitrum, the largest Ethereum Layer 2 network.

Fed Expected to Cut Rates, Boosting Bitcoin

Bitwise analyst says the Federal Reserve is now expected to cut rates by 50 basis points this week, which could give a boost to the price of Bitcoin.

Bitcoin Mine Shutdown Leads to 20% Energy Bill Hike for Norwegian Town

Residents of a Norwegian town had complained about the noise from a Bitcoin mine, and now that the mine has been shut down, they are facing a 20% increase in their energy bills.

RISE, the Gigagas Layer 2, Announces $3.2M Seed Round

The Gigagas Layer 2 protocol, RISE, has announced the completion of a $3.2 million seed round, signaling continued investment and development in the decentralized finance (DeFi) ecosystem.

Source: https://www.theblock.co/post/316625/defi-protocol-delta-prime-suffers-6-million-exploit-after-admin-lost-control-of-private-key

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