Crypto News

Solana Exploit Tied To Slope Wallet As Community Assured That Blockchain Remains Uncompromised
Solana Status, in a tweet on Wednesday, reveals that all affected wallets in the exploit yesterday were at one point used or imported into the Slope wallet; while noting that it remained unclear how the attacker got access to user seed phrases, the group confirmed that the Solana network itself was not compromised.

Swiping left: Tinder pulls back on Metaverse dating plans
Match Group, the parent company of popular dating app Tinder, says it is cutting funding for Web3-related research and development amid disappointing Q2 earnings and the departure of Tinder'scurrent CEO.

Portugese Banks Close Accounts of Crypto Exchanges, A U-Turn for the Crypto-Friendly Nation?
In what seems like a u-turn for the crypto-friendly nation, some of the top banks in Portugal are closing accounts of cryptocurrency exchanges operating in the country.

$2B in crypto stolen from cross-chain bridges this year: Chainalysis
Cross-chain bridge hacks have accounted for 69% of the total crypto stolen in 2022, amounting to $2 billion in losses, according to a new report.

Mastercard Views Crypto More as Asset Class Than Form of Payment
Mastercard sees cryptocurrency as more of an asset class than a means of payment, according to the payments giant’s chief financial officer. Mastercard’s crypto strategy “has been fairly successful ever since crypto environments came up,” he added.

Victorian police to get 'greater power' to seize crypto assets from criminals
Victorian Police in Australia will soon be granted new powers to seize cryptocurrency and digital assets from criminals, as well as compel platforms to hand over information about suspects.