CoinDesk

MAN Token Plunges 18% to Record Low as Blockchain Halts After Exploit

August 21, 202602:52 AM

The MANTRA token plunged 18% to a record low of $0.004126 just minutes before the blockchain completely halted block production, confirming a critical exploit that exposed a vulnerability in the network's software. The security breach represents a significant blow to the MANTRA ecosystem, with investors facing substantial losses as the team works to contain the damage and restore network functionality, highlighting the persistent risks of exploits in decentralized blockchains.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

Read Full Article at CoinDesk
QR Code Lightning

Support Jornal Bitcoin

Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.

Wallet of Satoshi
jonata@walletofsatoshi.com

Daily Crypto Brief 📬

Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.

Join more than 10,000 smart readers.

Related News

Dartmouth endowment's crypto holdings plunge $2M amid market downturn
CoinTelegraph

Dartmouth endowment's crypto holdings plunge $2M amid market downturn

Dartmouth College's $9 billion endowment saw its cryptocurrency holdings drop by over $2 million in just three months, according to SEC filings. The value of investments in Bitwise Solana staking ETF, Grayscale Ethereum staking ETF, and BlackRock's iShares Bitcoin ETF fell to approximately $12.4 million by June 30, representing a 15% decrease since March 31. The decline in crypto assets directly mirrors market volatility, with Bitcoin down 7.7%, Solana 9.6%, and Ethereum 10.8% during the period. Despite the drop, the fund's managers maintained the same number of shares in each ETF, suggesting a long-term strategy. This development comes amid growing discussions about traditional institutions' allocation to digital assets and their resilience against market fluctuations.
Casa CEO: Bitcoin Exodus After Coldcard Hack Proves Self-Custody's Strength
Crypto Briefing

Casa CEO: Bitcoin Exodus After Coldcard Hack Proves Self-Custody's Strength

Casa CEO reveals how the Coldcard hack triggered a mass exodus of Bitcoin users, serving as irrefutable proof of the robustness of Bitcoin's self-custody model. This event demonstrates that even in the face of cyber threats, the Bitcoin community adapts and finds more secure, decentralized solutions.

The migration toward distributed custody solutions represents a significant milestone in crypto security evolution, showing that users are becoming increasingly aware of risks and seeking more resilient alternatives. This movement not only strengthens the overall Bitcoin ecosystem but also accelerates innovation in more robust and decentralized cryptocurrency storage solutions.
Tielemans Puts Manchester United 'Above' Aston Villa After £35M Transfer
Crypto Briefing

Tielemans Puts Manchester United 'Above' Aston Villa After £35M Transfer

Midfielder Tielemans bolsters Manchester United's squad with a strategic £35M transfer, placing the club 'above' Aston Villa in the Premier League title race. This acquisition demonstrates market confidence in United's squad strengthening strategy as they compete at the highest level. Tielemans' statement reflects the growing intersection of cryptocurrency investments and football, where clubs like Manchester United seek competitive advantage through strategic transfers. With the rise of crypto exchange sponsorships and the monetization of digital assets like NFTs, modern football is increasingly intertwined with the blockchain ecosystem, transforming how clubs generate revenue and build competitive edges.
Bitcoin Magazine

Coldcard Bitcoin Hack: Victims Lose Median 1 BTC as Theft Tops $111 Million

A security breach targeting Coldcard hardware wallets has resulted in median losses of 1 BTC per victim, with total stolen funds exceeding $111 million. This coordinated attack represents one of the largest Bitcoin heists targeting hardware wallet users, exposing critical vulnerabilities in the crypto security ecosystem. The incident, which may have cost over $130 million in Bitcoin, raises serious questions about hardware wallet security and digital asset protection. Experts warn that as Bitcoin continues to gain mainstream adoption, sophisticated attacks like this will become more common, requiring enhanced security measures and greater user awareness.
"You stole, please return some." Coldcard hacker's wallet becomes a graffiti wall of pleas and hustles
CoinDesk★ Featured

"You stole, please return some." Coldcard hacker's wallet becomes a graffiti wall of pleas and hustles

The Coldcard hacker is facing a digital irony: their wallet containing $36 million in stolen Bitcoin has become a public message board. Hack victims and opportunists are paying transaction fees to leave permanent notes for the thief, creating a unique phenomenon in the crypto world where revenge and opportunity meet on the blockchain.

The situation represents a new chapter in crypto security saga, where the transparent nature of blockchain allows for unusual public surveillance. While some leave emotional messages asking for a portion of the money back, others are attempting to negotiate or even exploit the situation for personal gain, highlighting the moral and economic complexities of the cryptocurrency ecosystem.
CEO Spends $10,000 on AI Tokens Hunting Bitcoin Vulnerabilities: The New Crypto Threat Landscape
Crypto Briefing★ Featured

CEO Spends $10,000 on AI Tokens Hunting Bitcoin Vulnerabilities: The New Crypto Threat Landscape

A CEO spent $10,000 on AI tokens to hunt for Bitcoin vulnerabilities, revealing a new arms race in crypto security. This strategic initiative demonstrates how artificial intelligence is transforming blockchain defense and creating new economic opportunities within the digital ecosystem.

The search for flaws using AI representation represents a fundamental shift in crypto security, challenging traditional defenses and reshaping financial incentives. As hackers explore Bitcoin vulnerabilities, developers and companies are adopting AI technologies to anticipate threats, creating an emerging market for security tokens and proactive defense solutions in the crypto space.
Jornal Bitcoin Logo