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76 stories in Crypto · Updated live
Avici Neobank Loses Over $500K in Smart Contract Exploit
On August 28, 2026, Avici, a Solana-based neobank, suffered a smart contract exploit that drained approximately $500,859 from the card balances of 1,685 users. The incident was triggered by a vulnerability in an outdated version of a contract operated by its card-issuing partner Rain, allowing attackers to gain unauthorized access. This exploit raises concerns about the security of smart contracts in decentralized finance, potentially leading to increased scrutiny and regulatory measures in the crypto industry.
Unstoppable Domains Withdraws from ICANN 2026 TLD Applications and Initiates Customer Refunds
Unstoppable Domains announced it will not pursue applications for Web3 top-level domains in ICANN's 2026 expansion round, opting instead to refund eligible customers. This decision was triggered by prohibitive compliance costs and regulatory requirements that conflict with the principles of blockchain ownership. The long-term implication suggests a potential shift in focus for the company towards infrastructure services and partnerships rather than traditional domain registration.
BNB Chain Pasteur Hard Fork Activates on BSC Mainnet Enhancing Security and Throughput
The BNB Chain Pasteur hard fork successfully activated on the BNB Smart Chain mainnet on August 25 2026. This upgrade was triggered by the need to strengthen cross-chain bridge security and improve block processing capacity following previous speed-focused enhancements. In the long term, this upgrade is expected to bolster the resilience of cross-chain infrastructure and potentially increase DeFi activity among users and institutions.
Monad Introduces Draft MIP for Enhanced Account Authentication and Quantum Resistance
Monad has published a draft Monad Improvement Proposal (MIP) that allows for flexible and upgradeable account authentication on its Layer-1 blockchain. This initiative is driven by the need to address vulnerabilities posed by quantum computing and the risks associated with lost cryptographic keys. In the long term, this positions Monad as a leader in post-quantum blockchain security, potentially influencing other blockchain protocols to adopt similar measures.
Latest Stories
Avici Neobank Loses Over $500K in Smart Contract Exploit
On August 28, 2026, Avici, a Solana-based neobank, suffered a smart contract exploit that drained approximately $500,859 from the card balances of 1,685 users. The incident was triggered by a vulnerability in an outdated version of a contract operated by its card-issuing partner Rain, allowing attackers to gain unauthorized access. This exploit raises concerns about the security of smart contracts in decentralized finance, potentially leading to increased scrutiny and regulatory measures in the crypto industry.
Unstoppable Domains Withdraws from ICANN 2026 TLD Applications and Initiates Customer Refunds
Unstoppable Domains announced it will not pursue applications for Web3 top-level domains in ICANN's 2026 expansion round, opting instead to refund eligible customers. This decision was triggered by prohibitive compliance costs and regulatory requirements that conflict with the principles of blockchain ownership. The long-term implication suggests a potential shift in focus for the company towards infrastructure services and partnerships rather than traditional domain registration.
BNB Chain Pasteur Hard Fork Activates on BSC Mainnet Enhancing Security and Throughput
The BNB Chain Pasteur hard fork successfully activated on the BNB Smart Chain mainnet on August 25 2026. This upgrade was triggered by the need to strengthen cross-chain bridge security and improve block processing capacity following previous speed-focused enhancements. In the long term, this upgrade is expected to bolster the resilience of cross-chain infrastructure and potentially increase DeFi activity among users and institutions.
Monad Introduces Draft MIP for Enhanced Account Authentication and Quantum Resistance
Monad has published a draft Monad Improvement Proposal (MIP) that allows for flexible and upgradeable account authentication on its Layer-1 blockchain. This initiative is driven by the need to address vulnerabilities posed by quantum computing and the risks associated with lost cryptographic keys. In the long term, this positions Monad as a leader in post-quantum blockchain security, potentially influencing other blockchain protocols to adopt similar measures.