Welcome to PYMNTS’ series on crypto crime. In it, we’ll be looking at the crimes that have not only been committed in the cryptocurrency industry but have defined it — especially bitcoin — in many people’s minds. We’ll give you a look at the realities...
Wormhole, a communication bridge between Solana and other decentralized finance (DeFi) blockchain networks, was hacked to the tune of about $320 million in cryptocurrency, according to a Bloomberg report Wednesday (Feb. 2). The hackers were able to capture 120,000 wETH, or so-called wrapped ether. The...
November 29, 2023
Wormhole, an interoperability platform for blockchains, has secured $225 million in a funding round, valuing the company at $2.5 billion. This investment will enable Wormhole to continue delivering essential infrastructure for Web3, the company said in a Wednesday (Nov. 29) press release. “We are ecstatic to bring more new and groundbreaking products to market as we […]
February 02, 2022
Wormhole, a communication bridge between Solana and other decentralized finance (DeFi) blockchain networks, was hacked to the tune of about $320 million in cryptocurrency, according to a Bloomberg report Wednesday...
