Sui-based DEX Cetus offered the hacker a $6 million white hat bounty offer as the protocols are trying to recover the stolen $220 million, with $162 million remaining frozen.
Transactions News

Transactions form the backbone of any economic system, facilitating the exchange of goods, services or assets between parties. In the digital age, cryptocurrency transactions, notably those involving Bitcoin (BTC), have revolutionized how we exchange value. In the crypto world, a Bitcoin transaction involves transferring ownership of a specific amount of Bitcoin from one digital wallet to another. These transactions are recorded on a public ledger called the blockchain, ensuring transparency and security.
The sender generates a digital signature to verify ownership before initiating a Bitcoin transaction and broadcasting it to the network. The validity of the transaction is then confirmed by miners using intricate mathematical algorithms. The transaction is recorded permanently on the blockchain after it has been verified and added to a block.
A digital wallet, which can be hardware or software-based and contains cryptographic keys that let the owner access and manage their money, is required to spend Bitcoin. Funds can be safely transferred using the recipient’s Bitcoin address, allowing people to easily participate in the global digital economy.
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Master the art of crypto accounting! Learn how to handle crypto gains and losses on your balance sheet to stay tax-compliant and organized.
4722 - Explained
Crypto transfers fail due to wrong addresses, network mismatches or low fees; verify address, network and balance before sending.
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Strive said it is looking to acquire 75,000 Bitcoin from claims tied to Mt. Gox to buy the cryptocurrency at a discount.
7631 - News
Solana Labs spin-out Anza proposed a new Solana consensus protocol to replace TowerBFT and the proof-of-history system, aiming to bring Web2-level speed to the network.
5610 - News
Charles Hoskinson has denied claims of misappropriating $600 million in ADA and says IOG will publish an audit report following community backlash.
8349 - Report
Learn what innovations Sonic has over Fantom and what makes it appealing for DeFi enthusiasts.
17770 - News
Coinbase’s total revenue fell to $2 billion in Q1 as trading volumes across the market slowed, with net income falling dramatically as crypto prices slumped.
7861 - News
The change will remove a limit on the amount of arbitrary data that can be added to Bitcoin transactions.
4275 - News
Bitrace reported that $649 billion — about 5.14% of all stablecoin transactions in 2024 — flowed through high-risk addresses linked to illicit activities.
5414 - News
Ethereum’s Dankrad Feist has pitched a four-year plan to increase Ethereum’s gas limit by 100-fold, which could theoretically increase the blockchain’s TPS to 2,000.
5938 - News
Binance will require South African users to provide sender and receiver details for deposits and withdrawals starting April 30.
9046 - Opinion
Restaking promised to supercharge Ethereum’s ecosystem, but mounting risks and UX woes threaten to fracture the network further. bApps are the answer and can unify the fragmented ecosystem.
2284 - Opinion
Despite all the hype, layer 2s have never been the solution to scaling the EVM, as they come with their own set of challenges. The answer has lied within layer 1s all along.
1761 - Opinion
Stablecoins power deobanks, a new generation of decentralized banks that offer accessible, efficient and transparent financial solutions, especially in high-risk areas.
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