WazirX hacker sold his entire stash of SHIB Coin worth $100 million. Stargate announced that it has integrated data Blockchain Flare

As you have been following on Kriptokoin.com, today crypto exchange WazirX witnessed a major hack. According to on-chain observer Ember

Crypto exchange WazirX was hacked today, and the attacker sold the entire SHIB Coin stash, valued at $100 million, according to on-chain observer Ember. However, the observer noted that there are still $18 million worth of altcoins unsold. Currently, the hacker holds 58,410 ETH ($202 million), of which 15,298 ETH was stolen directly from WazirX and 43,112 ETH was obtained from altcoin sales.

Meanwhile, the price of Shiba Inu (SHIB Coin) dropped sharply amid the breach. At the time of writing, SHIB Coin is trading at $0.0000173 per token, down 8.9% since the beginning of today’s trading session.

Starknet is preparing to release Cairo 2.7.0 and upgrade the main-net, according to Starknet community news. Currently, 2.7.0-rc.3 is available and can be tested by the community. This release includes an upgrade of Sierra to v1.6.0, which means that contracts written in v2.7.0 can only be deployed on Starknet 0.13.2 (included) and above. The testnet upgrade is scheduled for August 5 and the main-net upgrade is scheduled for August 26.

Omnichain liquidity transport protocol Stargate has announced its integration with Flare, the data blockchain, that will enable liquidity to flow freely. According to the announcement, Flare is an EVM smart contract platform that is designed to support data-intensive use cases, including Machine Learning/AI, RWA tokenization, gaming and social. Stargate V2 will provide a crucial bridge, connecting Flare to 25 Blockchains. This move by Stargate will enable TVL growth and deeper liquidity by making it easier for users to move funds between ecosystems.

Some senior Democratic Party officials believe that US President Joe Biden could decide to drop out of the 2024 presidential election as early as this weekend, according to Axios. “The 81-year-old president is currently in self-isolation due to the new coronavirus. But in public he is still sticking to his position. But Democrats tell us that in private he has succumbed to mounting pressure, bad polls and indefensible scrutiny, making it impossible for him to continue his campaign. The President has been told that if he remains in office, former President Trump could win in a landslide and destroy Biden’s political legacy and the Democratic Party’s hopes in November.” Following this development, the Biden concept meme coin BODEN lost nearly 30% of its value in a short period of time.

Injective has announced the launch of Injective’s equity pledge ETP product AINJ by 21Shares on the X platform. This product will provide investors with exposure to INJ investment through major traditional financial trading venues and brokers and will also allow them to receive pledge rewards.

Layer-1 Blockchain IoTeX is doubling down on its decentralized physical infrastructure network (DePin) with the launch of Version 2.0. This upgrade marks a new phase for IoTeX, aiming to transform the development and scalability of DePin projects. The company has set an ambitious roadmap that includes the integration of more than 100 million devices and aims to unlock trillions of dollars of real-world value on Blockchain over the next three to five years.

At the heart of this initiative are DePIN Infrastructure Modules (DIMs), which encapsulate the entire DePin technology stack from hardware abstraction to off-chain computing. This modular approach allows projects to adopt specific technology layers that cater to their unique needs, maximizing both efficiency and flexibility.

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