Ethereum Layer-2 Network Suffers 3-Hour Service Disruption Ethereum scaling solution Starknet experienced a major mainnet outage on Tuesday, its second in less than two months, causing delays in block production and stagnating transactions. The disruption lasted two hours and 44 minutes, prompting questions about the network’s stability. What Caused the Outage? According to status.starknet.io, the outage originated from Starknet’s sequencer, which acts as a transaction traffic controller. The sequencer failed to recognize the “Cairo0 code”, preventing proper ordering and execution of transactions for nearly three hours. This issue resulted in slow block creation and left pending transactions unprocessed during the…
Author: Blockto Team
Historic Surge in Digital Wealth The Trump family’s cryptocurrency wealth has skyrocketed by nearly $5 billion on paper following the launch of World Liberty Financial’s (WLFI) governance token on multiple crypto exchanges this week. At the current price of $0.25 per token, the family’s 22.5 billion WLFI tokens are valued at approximately $5.6 billion, surpassing the estimated worth of their real estate empire. According to the project’s official data, the Trumps own 22.5% of WLFI’s 100 billion token supply, along with a 38% equity stake in WLF Holdco LLC and 75% of presale revenues. Prior to the listing, during presales…
Investors Shift Focus to Gold and Ether Amid Market Rotation Gold has surged to a record high of $3,500 per ounce, extending its bullish run as cryptocurrency markets face renewed volatility. The latest rally comes amid reports of large Bitcoin holders (whales) reducing their positions and reallocating capital into Ethereum and traditional safe-haven assets. Technical charts show XAU/USD hitting $3,486, with intraday highs nearing $3,500, driven by strong buying momentum. The breakout above the previous resistance around $3,440 signals a continuation of the bullish trend, with analysts eyeing the $3,520–$3,540 zone as the next upside target. “The breakout is significant…
BNB Chain’s Leading Lending Platform Faces Major Security Breach Venus Protocol, one of the largest lending platforms on the BNB Chain, has reportedly lost $27 million in assets following a suspected smart contract compromise. The incident was flagged by on-chain analysts on September 2, 2025, sparking concerns across the DeFi community. How the Attack Happened Early investigations suggest that the protocol’s Core Pool Comptroller contract was updated to a malicious address, enabling the attacker to gain control over key functions. This exploit allowed the hacker to drain tokens, including vUSDC and vETH, from the platform. “It appears the attacker replaced…
Token bounces from key support as large investors show renewed interest XRP price edged higher on Tuesday, climbing from $2.74 to $2.82 amid a surge in whale accumulation that added nearly $960 million in exposure. The move comes as technical charts show the token defending a crucial support level, suggesting a possible near-term rebound. On the 4-hour chart, XRP retested the green demand zone between $2.70 and $2.80, where buyers stepped in to absorb selling pressure. Price action has remained under pressure since its August peak near $3.80, but the defense of this support zone has provided a foundation for…
Flaw in Liquidity Logic Leaves Users at Risk Decentralized exchange Bunni has paused all smart contracts after suffering a major exploit that drained about $2.4 million in stablecoins. The breach targeted the platform’s custom liquidity distribution function, prompting urgent warnings for users to withdraw funds. According to on-chain security reports, the attacker manipulated Bunni’s Ethereum-based smart contracts, siphoning $1.33 million in USDC and $1.04 million in USDT to a single wallet. “The Bunni app has been affected by a security exploit,” the team announced on X, adding that all contract operations are suspended across networks as investigations continue. Bunni urged…
Investor Backing Signals Confidence in Growth Strategy Metaplanet Inc. saw its stock rise over 2.5% to 853 yen on Tuesday after shareholders approved key corporate governance amendments during an extraordinary general meeting on September 1, 2025. The changes aim to strengthen financial flexibility and modernize corporate practices. Key Amendments Approved The company confirmed that investors supported three major proposals: Market Reaction and Outlook The Tokyo market reacted positively to the announcement, highlighting investor confidence in Metaplanet’s strategic direction. Analysts suggest these changes position the company for aggressive growth and improved governance standards. “By expanding its share base and adopting flexible…
Institutional Interest Grows as DOGE Hovers Near Critical Level Dogecoin (DOGE) is currently trading around $0.00243, testing a key support zone between $0.0021 and $0.0022 after a sharp decline of nearly 18% over the past few sessions. The market shows increased volatility, with institutional flows reportedly influencing price action. The chart highlights a strong demand zone near $0.0021–$0.0022, marked in green, which has historically acted as a bounce area for DOGE. If this level holds, analysts expect a potential short-term recovery. On the upside, resistance zones are seen at $0.0030 (yellow zone) and $0.0038 (red zone), which could cap any…
Sky, the protocol formerly known as Maker, has successfully spent $75 million on token buybacks since February 2025, resulting in an 8% price gain for the SKY token over the past six months. Sky’s Strategic Buyback Program Sky launched its token buyback initiative on February 24, 2025, aiming to reduce circulating supply and stabilize token value. The platform uses its stablecoin USDS for these purchases, with August alone seeing 5.5 million USDS spent to repurchase 73 million SKY tokens. Since its inception, $75 million USDS has been allocated to buybacks, with the largest single-month expenditure being March at $18.31 million,…
Ethereum’s largest testnet, Holešky, is scheduled to shut down in the coming weeks following the planned Fusaka upgrade, marking the end of a critical phase in Ethereum’s development roadmap. Why Is Holešky Being Shut Down? The Ethereum Foundation announced that Holešky will be decommissioned two weeks after the Fusaka upgrade is finalized, which is expected in the second half of September 2025. After this period, Holešky will no longer receive support from client, testing, or infrastructure teams. Launched in September 2023, Holešky was designed for validator testing and staking infrastructure development, playing a vital role in upgrades like Dencun and…
