Ledger exploit $484K 💸, OpenAI fund round 2 🌱, Ripple issues white paper 📜
📌 Daily Crypto, Blockchain & Web3 Update 2023-12-15
CRYPTOCURRENCY
Bitcoin ecosystem reinvigorated by memecoins, new protocols (3 min read)
The Bitcoin ecosystem has witnessed a dramatic recovery as the market cap of BRC-20 tokens surpassed $4 billion shortly after their invention in January.
Ledger attacker drained at least $484K (2 min read)
The hacker behind the attack on Ledger’s connector library has stolen at least $484,000, according to blockchain analysis platform Lookonchain.
OpenAI announces second round of AI startup fund (3 min read)
OpenAI said the startup fund initiative is an effort to do its part to help push the boundaries of applied AI in essential domains.
Even the Pope has something to say about artificial intelligence (4 min read)
The explosion of artificial intelligence hasn’t escaped the Vatican, with Pope Francis warning of its dangers in a hefty 3,400-word letter ahead of the World Day of Peace on Jan. 1.
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Ripple issues white paper on CBDCs, reiterates belief in their potential (2 min read)
The white paper states that CBDCs help expand financial inclusion by streamlining cross-border payments and reinforcing monetary policy control.
Blockstream targets continued Bitcoin miner surplus with Series 2 BASIC Note (5 min read)
Blockstream CEO Adam Back says 2023 presents a unique investment opportunity with Bitcoin’s price doubling amid low ASIC miner prices on secondary markets.
Ledger breach possibly affecting whole EVM ecosystem — Linea (3 min read)
Wallet provider MetaMask was also affected by the incident. Ledger released a patch to resolve the issue but warned users to wait 24 hours before using its connector library again.
Solana phone sales skyrocket as degens scramble for pumped-up BONK (3 min read)
At current prices, the free BONK airdrop for Saga owners stands at $877, making it—at least temporarily—a “phone that pays for itself.”
SafeMoon falls 31% in five hours after filing for Chapter 7 bankruptcy (3 minutes read)
The SafeMoon token nosedived as it was revealed the company behind it had filed for bankruptcy, but it has regained slightly since.
Ledger patches vulnerability after multiple DApps using connector library were compromised (2 min read)
Multiple decentralized applications using Ledger’s connector library have been compromised, including SushiSwap and Revoke.cash. The ledger claims the issue has been fixed.