cryptocurrency

Mobius Hack: Is This the End for Small BNB Chain Projects?

Mobius Hack: Is This the End for Small BNB Chain Projects?

The Mobius Token hack. $2.15 million gone. 28.5 million MBU tokens disappeared, turned into USDT, and are now happily resting in the attacker's account. Cyvers Alerts marked it as critical, but the whistle was blown too late. And the Mobius Token team? Radio silence. Whew, that was a lot of...
Mobius Token's $2.1M Hack: Who's REALLY to Blame?

Mobius Token's $2.1M Hack: Who's REALLY to Blame?

$2.15 million. Vanished. Gone. Poof. That’s the total Mobius Token ($MBU) investors found themselves missing out on on the morning of May 11th. Another day, another DeFi disaster, right? Wrong. This isn’t simply the cost of a poorly coded smart contract or a mastermind hacker. This system is already stacked...
Mobius Protocol Suffers $2.15 Million Exploit on BNB Chain

Mobius Protocol Suffers $2.15 Million Exploit on BNB Chain

A serious vulnerability has drained $2.15 million worth of MBU tokens from Mobius Token smart contracts on the BNB Chain. The attacker deployed the contract from address 0xb32a53... at 07:31:38 UTC and initiated the exploit at 07:33:56 UTC. The malicious smart contract drained 28.5 million MBU tokens and exchanged the...
Hut 8 Navigates Downtime and Bitcoin Volatility, Reports $134 Million Loss

Hut 8 Navigates Downtime and Bitcoin Volatility, Reports $134 Million Loss

Hut 8, one of the world’s largest and innovation-focused digital asset miners and high-performance computer builders, recently published financial results. The latter led them to report a crushing net loss of $134.3 million. The company says these losses are a direct result of operational downtime and the recent Bitcoin halving...
MARA's 16% Surge: Bitcoin Halving's Secret Winner?

MARA's 16% Surge: Bitcoin Halving's Secret Winner?

April 2025 MARA Holdings (MARA) stock increased 16.3%, benefiting from the increased valuation of Bitcoin. Sure, we get it — Bitcoin’s price affects mining equities. But is that it, is that all that’s happening here? What I believe we’re not seeing is the larger strategic play, the chess match that’s...
MARA Stock Surges 16% in April: Is Bitcoin the Golden Ticket?

MARA Stock Surges 16% in April: Is Bitcoin the Golden Ticket?

Investors should continue to closely monitor the fast-changing and risky landscape of the cryptocurrencies and blockchain technology. Knowing what makes stocks go up is key to their success. In mid-April 2025, shares of MARA Holdings (MARA) jumped 16.3%. This major player in the Bitcoin mining boom received a massive infusion...
Trump's Bitcoin Play: Will It Empower Or Divide Crypto?

Trump's Bitcoin Play: Will It Empower Or Divide Crypto?

The crypto world loves disruption. This feels different. American Bitcoin Hut 8 is throwing its lot in with American Bitcoin, riding on the power of the Trump name. This move is not just a technological leap, it’s a political earthquake that rattles the core of a community committed to decentralization...
MARA's Bitcoin Boom: Is Main Street Missing Out?

MARA's Bitcoin Boom: Is Main Street Missing Out?

You’ve probably seen the ticker. Perhaps you took a look, shrugged your shoulders, and kept scrolling. In April 2025, even as you pay all those same bills and continue to deal with grocery store inflation, MARA quietly went up 16.3%. Sixteen point three percent! All thanks to Bitcoin's surge.Think about...
Hut 8's $134M Loss: Is Trump-Backed Bitcoin the Savior?

Hut 8's $134M Loss: Is Trump-Backed Bitcoin the Savior?

Hut 8, one of the largest players in the Bitcoin mining industry, has just released their Q3 earnings where the company lost $134 million. This financial setback has raised questions about the company's future and its ability to maintain its position in the competitive cryptocurrency market. Hut 8 has some...
Hut 8's $134M Loss A Warning Or A Necessary Evil?

Hut 8's $134M Loss A Warning Or A Necessary Evil?

A $134 million loss. That’s a headline that blares of disaster for any company, and as we know Hut 8 is no different. But before we write them off as another victim of Bitcoin's volatility, let's ask ourselves: is this a death knell, or a calculated gamble that could redefine...