Illuvium team cuts wages to extend operational runway into 2027

Illuvium’s wage cuts highlight the financial strain in blockchain gaming, underscoring the sector’s struggle for sustainable revenue streams. The post Illuvium team cuts wages to extend operational runway into 2027 appeared first on Crypto Briefing.

EIP-7702 Wallet Delegation Faces Scrutiny After Phishing Research

Ethereum’s EIP-7702 wallet delegation feature is facing renewed scrutiny after security research presented at the USENIX Security Symposium linked a large share of analyzed authorization transactions to attacker-controlled contracts. The research found that 63% of EIP-7702 authorization transactions in the analyzed sample were connected to malicious contracts, with automated wallet-draining activity contributing to more than […]

Wallets holding 1,000+ ETH reduce balances by 1.7M ETH since May

The shift of ETH from whale wallets to staking and smaller holders suggests a strategic repositioning, impacting market dynamics and decentralization. The post Wallets holding 1,000+ ETH reduce balances by 1.7M ETH since May appeared first on Crypto Briefing.

Shinhan Targets $30 Trillion RWA Boom with KRW Tokenized Fund on Solana

Key Takeaways: Shinhan Asset Management is also creating a KRW-stablecoin-based tokenized fund on the Solana blockchain. The project follows BlackRock’s business BUIDL fund and is aimed at institutional investors. Partners conduct full tests of the issuance and distribution process ahead of South Korea’s STO framework. User Score 8.7 Follow us on Google News South Korea’s […]