Author: AltCoinDrops.com
AI-driven, self-described “DeFi 3.0” staking protocol The New Gold Protocol, built “with sustainability at its core,” was hacked hours after launch. The hacking took place on Sept. 18, 2025. The hacker exploited two flaws in the design of NGP. The case demonstrates how negligence in protocol design may doom a project from day one. Summary Nearly $2 million in crypto was stolen from the just-launched New Gold Protocol platform via a flash loan attack. Stolen money was sent to Tornado Cash. The hacker is not identified. The team behind the New Gold Protocol keeps silent. The biggest flash loan attacks…
TLDR The Fusaka update will activate on Ethereum’s mainnet on December 3rd, 2025, following a testnet rollout starting October 1st, 2025. The update will introduce a phased blob capacity expansion to improve data handling and Layer 2 rollup scalability. PeerDAS implementation through EIP-7594 will reduce bandwidth and storage requirements for validator nodes. The upgrade will create predictable transaction costs for data-heavy applications through bounded base fees for blob transactions. Fusaka focuses on enhancing Ethereum’s scalability, node efficiency, and data availability rather than adding user-facing features. Ethereum’s highly anticipated Fusaka update will activate on the mainnet on December 3rd, 2025. The…
TLDR: Solana reached 839 active TPS in August, outpacing Binance Smart Chain sixfold in network speed. Solana topped 51M unique wallets while Aptos led multi-day active wallet counts in August. Solana captured over 97% of tokenized stock volume since xStocksFi launched June 2025. Solana led memecoin market cap at $133.3M, four times higher than Base in August 2025. Solana maintained its strong presence across Layer 1 and Layer 2 networks in August 2025. Its performance spanned transactions per second, wallet activity, tokenized stocks, and DEX trading volume. The blockchain recorded 839 active TPS, capturing market attention for speed and throughput.…
Germany retains ‘sick man of Europe’ label as economic recovery refuses to take off
Germany still can’t get it together. Despite massive investment promises and big fiscal changes that got European policymakers buzzing, nothing’s taken off. The country’s economy is still stalling, and hopes that Germany could pull the euro zone out of its slump are quickly fading. According to CNBC, the grand plans announced earlier this year are now under scrutiny, with economists asking what went wrong… and if anything will change soon. The buzz started when Berlin moved to relax its strict debt brake. That rule had capped how much debt the federal government could take on each year. Under the new…
Pi Network introduced a new Fast Track KYC feature in an effort to address the problem of slow verification times that impact token claims. Many community members are hoping that this update will speed up their access to Pi tokens as they await the next stage of the mainnet migration. Pi Network Rolls Out Faster KYC Process In a recent blog post, the Pi Core team announced a new “Fast Track KYC” feature, built using more AI in the KYC flow. In the past, Pioneers had to complete a minimum of 30 mining sessions in order to be qualified to…
Traders Also Buy Bitcoin Hyper
Polymarket bettors have predicted a 25% chance for Bitcoin ($BTC) to rise above $125K this month. It’s currently down to 17% at the time of writing. Earlier today, Bitcoin touched an intraday high of $117,888, bringing it closer in line with bettors’ predictions. The coin reached its all-time high of $124,517 on 14 August 2025, placing it only 6.1% below its ATH. Despite a 2.6% increase in Bitcoin’s price last month, crossing $125K will depend on sustained momentum fuelled by improving macro conditions and strong ETF inflows. Underscoring this bullish setup, Bitwise’s Matt Hogan said this in an interview with…
Michigan’s push to become a Bitcoin-holding state is back in motion after months of dormancy. Key Takeaways: Michigan has revived a bill to allocate up to 10% of state funds into Bitcoin and crypto assets. The move aligns Michigan with states like Texas and New Hampshire pursuing Bitcoin reserve strategies. A global shift is underway, with countries like Pakistan and the Philippines also introducing strategic Bitcoin reserve plans. House Bill 4087, which would authorize the state to allocate up to 10% of its general and stabilization funds into Bitcoin and other cryptocurrencies, has been formally referred to the Government Operations…
You can almost hear the ghosts of 2001 rattling around the crypto market. The talk of an “altcoin purge” isn’t just a whisper anymore; it’s a full-throated roar that sounds eerily like the dot-com bubble popping. It’s the same old story – A mad rush of speculation, insane prices for projects with nothing but a whitepaper, and the inevitable, painful crash that will burn the weak and reveal the strong. Back to the dot-com era? Anyone with skin in the digital asset game should be studying the dot-com wreckage like a survival guide. This so-called purge is really just a…
Eric Trump says crypto could actually save the U.S. dollar. Not kill it. Not weaken it. On Tuesday, just hours after ringing the Nasdaq opening bell for American Bitcoin’s public debut, a company where he’s got over $500 million stashed, Eric told the Financial Times that crypto is “arguably” the reason the dollar might stay alive. “Mining bitcoin here, and being financially independent and running a kind of financial revolution out of the United States of America…I think it arguably saves the US dollar,” he said. The timing wasn’t random. Eric’s comments came while the dollar was getting dragged. This…
As expected, the Federal Reserve has cut interest rates for the first time this year, opting for a reduction of 25 basis points.Initially, the response across stocks and cryptocurrencies was pretty muted to say the least — unsurprising considering the move was largely priced in.But something interesting was happening as we headed into the early hours of Thursday. Futures in both the S&P 500 and the tech-heavy Nasdaq were on the rise. And while Bitcoin briefly sank below $115,000 as Fed chair Jerome Powell gave a news conference, it raced toward $118,000 in the hours that followed.So… what’s going on?…
