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A hacker transformed 25 cents worth of Bitcoin into 46 billion counterfeit BTC tokens via a DeFi bridge
In a striking episode that underscores the vulnerabilities still present in decentralized finance (DeFi), a hacker managed to turn a modest investment of just a quarter‑dollar worth of Bitcoin into a staggering 46 billion fake BTC tokens. The attack was carried out on a DeFi bridge known as Symbiosis, a platform that enables users to move assets across multiple blockchain networks without relying…
Sept. 15, 2026, 1:43 p.m.
Tech
A hacker transformed 25 cents worth of Bitcoin into 46 billion counterfeit BTC tokens via a DeFi bridge
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Sept. 15, 2026, 1:43 p.m.
Tech
A hacker transformed a quarter-dollar of Bitcoin into 46 billion counterfeit BTC tokens through a DeFi bridge
In early 2024, the decentralized finance (DeFi) ecosystem was shaken by a dramatic exploit that highlighted the lingering risks of smart‑contract complexity and insufficient audit processes. A single malicious actor, armed with only about 25 cents worth of Bitcoin, managed to mint an astronomical 46 billion fake Bitcoin tokens—referred to as syBTC—on a popular cross‑chain bridge platform known as…
Sept. 15, 2026, 1:43 p.m.
Tech
XRP Ledger on the brink of launching its major payments upgrade after a single vote
The XRP Ledger is poised to roll out its most significant payments enhancement in recent memory, and it is only one affirmative vote away from moving forward. The proposed amendment, known as Batch V1.1, introduces a powerful new capability: the ability for participants to bundle up to eight interrelated transactions into a single, atomic operation. This change promises to streamline complex paym…
Sept. 15, 2026, 5:58 a.m.
Tech
XRP Ledger Poised for Major Payments Upgrade After Securing One More Vote
The XRP Ledger, a high‑performance, decentralized blockchain platform designed for fast and low‑cost payments, is on the cusp of implementing one of its most significant protocol enhancements to date. The change, known as Batch V1.1, introduces a powerful new capability that allows participants to bundle multiple related transactions into a single, atomic operation. By aggregating up to eight lin…
Sept. 15, 2026, 5:58 a.m.
Tech
XRP Ledger is one vote away from starting its next big payments upgrade
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Sept. 15, 2026, 5:58 a.m.
Tech
XRP Ledger Nears Commencement of Major Payments Upgrade After Single Vote
The XRP Ledger is on the cusp of rolling out a significant enhancement to its payment processing capabilities, a development that could reshape how users execute multiple transactions on the network. This upcoming upgrade, known as Batch V1.1, has already garnered substantial support from the community’s trusted validators—27 out of the 35 required have cast their votes in favor, meaning the upgr…
Sept. 15, 2026, 5:58 a.m.
Tech
XRP Ledger on the brink of launching its major payments upgrade with just one more vote
The XRP Ledger, a decentralized public blockchain known for its speed and low‑cost transactions, is poised to introduce a transformative enhancement to its payment processing capabilities. This enhancement, referred to as Batch V1.1, is currently awaiting a single additional validator vote before it can be activated across the network. The significance of this upgrade lies in its ability to allow…
Sept. 15, 2026, 5:58 a.m.
Tech
XRP Ledger Poised for Major Payments Upgrade After Single Vote
The XRP Ledger, a high‑performance, open‑source blockchain platform designed for fast and low‑cost cross‑border payments, is on the cusp of implementing one of its most significant enhancements to date. The proposed upgrade, known as Batch V1.1, has already gathered substantial support from the network’s trusted validator community, and a single affirmative vote could trigger its activation. This…
Sept. 15, 2026, 5:58 a.m.
Tech
XRP Ledger Poised for Major Payments Upgrade After Securing Critical Vote
The XRP Ledger (XRPL) is on the cusp of implementing one of its most significant enhancements to date—a payments upgrade known as Batch V1.1. This upgrade has drawn considerable attention from developers, validators, and users alike because it promises to streamline transaction processing and improve overall network efficiency. At the heart of the proposal is the ability for participants to bundl…
Sept. 15, 2026, 5:58 a.m.