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Protocol

Ethereum Founder Vitalik Sends $1.83M ETH to Railgun Protocol

by admin June 4, 2025

Ethereum’s co-founder, Vitalik Buterin, just made a notable move on-chain. At around 5:08 PM UTC+8, an address linked to Buterin (vitalik.eth) transferred 693.91 ETH, worth around $1.83 million, along with $340,931 USDC, to the privacy protocol Railgun.

The transaction was routed through the wallet address 0x1810c87a85b1d3aff71f3bd7fe45e4dc03eff10e, which seems to have been used as a middle step.

Of the total USDC, $240,931 came from the Moloch Foundation, a group that funds Ethereum ecosystem development. The reason for the transfer hasn’t been explained publicly, but the timing and destination caught attention quickly.

Buterin has spoken about privacy in crypto many times before. He’s called it “normal” and believes people shouldn’t be tracked just for making transactions. Railgun is a protocol he’s mentioned in the past. It lets users send tokens while keeping their financial history private, but also uses certain checks to prevent abuse or bad actors from slipping in unnoticed.

Buterin’s transfer isn’t just talk about privacy; he’s actually using tools that match his beliefs. With regulators going after platforms like Tornado Cash, this feels intentional. It serves as a quiet reminder that privacy still matters, even if it comes with added risks.

After the transfer, people watching the blockchain noticed a few small tokens still left in his wallet, including 888 PEOPLE worth less than $20 and 6.9 PEPECOIN worth just a few dollars.

The crypto community on Twitter has already started discussing it. Some are calling it a strong move for privacy, while others are wondering if this could bring more attention and possibly more heat to protocols like Railgun.

For now, there’s no statement from Buterin, but the blockchain speaks clearly. This wasn’t just a test transaction. It was a big one, and it was intentional.

Also Read: Ethereum ETFs Inflow Hits 11-Day Streak, Amasses $634 Million

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June 4, 2025 0 comments

Crypto Trends

Uniswap gains protocol volume while Lightchain AI gains attention from market movers

by admin June 4, 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Uniswap strengthens its DeFi dominance through growing L2 adoption, while Lightchain AI captures rising interest from strategic investors ahead of its mainnet launch.

Uniswap continues to gain protocol volume, strengthening its position as a leading decentralized exchange with growing user activity. Meanwhile, Lightchain AI is drawing a different kind of attention, speculative interest from real market movers and strategic investors. Having completed all 15 presale stages and now entering the Bonus Round, Lightchain AI is gaining momentum through its AI-native blockchain infrastructure.

Featuring a purpose-built virtual machine and a consensus model that rewards meaningful computation, the platform appeals to those seeking innovation and long-term value. As the July 2025 mainnet launch approaches, Lightchain AI is quietly becoming a major focus for savvy market participants.

Uniswap strengthens lead with consistent protocol-level activity

Uniswap (UNI) said in the first quarter of 2025 it had generated $140m and had $95m on its balance sheet, which it described as a strong financial profile.

One of the key contributors to this rapid increase is the transition of trading activity to L2 networks. Rather incredibly, Unichain (Uniswap’s L2 scaling solution on Optimism’s superchain) supports 75% of Uniswap v4 transaction volume, more than on Ethereum mainnet. This move has been encouraged by Unichain’s speedier transactions and lower fees which improve people’s experience, and its potential to scale further.

Additionally, with Uniswap’s move to L2 platforms like Base, volumes have soared to new highs with the protocol hitting more than $15.65 billion in monthly trading volume on Base in January of 2025. These developments illustrate how and why Uniswap is so central to the ever-evolving DeFi infrastructure.

Lightchain AI draws interest from high-impact market participants

Lightchain AI is drawing speculative interest from high-impact market participants who see beyond surface-level hype. With all 15 presale stages completed and a $21 million raise secured, the Bonus Round now offers fixed pricing, creating an ideal entry point for strategic buyers.

Unlike typical projects, Lightchain’s appeal lies in its substance; a builder-first tokenomics model, public GitHub launch at mainnet, and a $150,000 grant fund already fueling development. High-performance infrastructure, featuring sharding for scalability, Zero-Knowledge Proofs for privacy, and a fully operational AIVM, reinforces its technical strength.

Token holders participate in democratized governance, ensuring community-driven growth. Lightchain AI is rapidly becoming the platform of choice for those who recognize smart innovation and want exposure before the broader market catches on.

Investors flock to Lightchain AI tokens

Lightchain AI tokens are users’ chance to support a platform built on innovation, with cutting-edge features, a rock-solid technical foundation, and a community-driven governance model.

By securing tokens now, traders are not just joining a revolutionary platform, they are positioning themselves to benefit as its value grows. With a $150,000 grant already driving rapid development, Lightchain AI is set to take the crypto world by storm.

To learn more about Lightchain AI, visit the website, X, or Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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June 4, 2025 0 comments

Picture showing the rewards of the Ultron Battle Matrix Protocol in Marvel Rivals.

Esports

Ultron’s Battle Matrix Protocol, explained

by admin June 3, 2025

Ever thought you’d be inside Ultron’s mind, being a part of a million simulations that he runs to find the picture-perfect strategies to win the battles in Marvel Rivals? Now, you can do that with the Battle Matrix Protocol, a limited-time auto battler game mode.

Marvel Rivals has been growing steadily in popularity among fans, and the developers are now breaking free from the traditional shooter game modes by bringing an auto battler, where you can place the heroes and win against other players by making strategic choices and upgrades.

When does Marvel Rivals auto battler release?

Choose your fighter! Screenshot by Dot Esports/Netease

Marvel Rivals’ Ultron’s Battle Matrix Protocol is set to release on June 6, and it is going to be around for roughly two weeks before leaving the game on June 23 at 4am CT. During this time, players can queue into this experimental game mode, where they choose an Ultron bot and select their heroes to battle other players.

They can also earn various rewards for playing multiple matches, including a special spray and limited-time Ultron emojis to add to their player card.

How to play Marvel Rivals Ultron’s Battle Matrix Protocol

Make your best combination! Screenshot by Dot Esports/NeteaseMake the ultimates wilder! Screenshot by Dot Esports/Netease

Similar to other auto battlers like Riot Games’ TFT, the Ultron’s Battle Matrix Protocol allows players to select six heroes from the existing in-game roster and arrange them to face enemy heroes. After the hero selection, you can place them in any order, but ideally, you’d want to keep your tanks in the front, followed by duelists and strategists to keep them safe.

Each round, you will be facing a different enemy player, who will have a different or similar set of heroes to take down your pawns. While you will win some battles, you’ll inevitably lose some as well, but you’ll gain key upgrades to make the heroes stronger.

A lot of the ultimates work differently in this Marvel Rivals auto battler, and they provide a significant advantage to the player when used well. Some heroes like Venom can also get bigger to gain a huge amount of HP and dominate the battle by being an impenetrable fortress.

You can also change your existing hero combinations to make certain teamups work better and adapt according to the enemies’ moves. Once all the players have been eliminated, the last player wins the match, proving that they have the best simulation for Ultron’s master plan.

Next up, you can read our guides to learn about the Jeff changes in the 2.5 update and Ultron’s abilities in the game.

Dot Esports is supported by our audience. When you purchase through links on our site, we may earn a small affiliate commission. Learn more about our Affiliate Policy

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June 3, 2025 0 comments

GameFi Guides

Near Protocol tests new AI models; Lightchain AI delivers complete presale roadmap execution

by admin June 2, 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Near Protocol tests AI for future scalability as Lightchain AI completes all 15 presale phases and enters final bonus round.

Near Protocol is testing new AI models to enhance its blockchain capabilities, focusing on innovation and scalability. Meanwhile, Lightchain AI is delivering a complete presale roadmap execution, having successfully completed all 15 presale stages and now entering the Bonus Round. This milestone reflects strong investor confidence and growing momentum for its AI-native blockchain platform.

Featuring a dedicated virtual machine and a consensus model that rewards meaningful computation, Lightchain AI is attracting developers and investors seeking real utility. As the July 2025 mainnet launch approaches, Lightchain AI stands out for its disciplined execution and forward-looking architecture.

Near Protocol experiments with AI integration for future scalability

NEAR Protocol is leading the AI+blockchain to start a new era of web3.0 scalability and improve user experience. At the core of this effort is NEAR’s Nightshade 2.0 sharding system, which seeks to reach 1 million TPS by the end of 2025. This scalability is vital for enabling AI agents, micropayments, and decentralized services with fast processing times and low fees.

For AI-native applications, NEAR has created the Blockchain Operating System (BOS), which gives developers resources to work on encrypted model execution and verifiable compute. Further, NEAR’s intention-based architecture simplifies user interactions by transferring such user interactions through AI agents, who would handle transactions in multiple chains. This saves normal users the process of considering wallets or tokens.

DEW has also shown its commitment to decentralized AI through its multi-chain partnerships, which include Meta Pool, and everything revolves around data sovereignty and governance. They have worked to put NEAR at the forefront of scalable, AI-powered blockchain solutions, to reimagine how we interact with digital services in the era of AI.

Lightchain AI executes all 15 presale phases with precision

Lightchain AI has executed all 15 presale phases with precision and clarity, raising $21 million and transitioning seamlessly into its Bonus Round. This consistent delivery has built trust among investors and developers alike.

As the mainnet launch approaches, decentralized validator and contributor nodes are being prepared to support secure, scalable participation. Lightchain’s public repository will be released at launch, ensuring full transparency and enabling global collaboration.

Simultaneously, the Meme Launchpad and ecosystem tools will go live, empowering memecoin creators with native tooling, liquidity incentives, and access to grant programs. Developers can also access the full Developer Portal and technical documentation, making it easier than ever to build on Lightchain’s AI-integrated infrastructure. This is more than a launch, it’s a full-stack ecosystem activation.

Investors jump on Lightchain AI for gains

Ready to ride the wave of massive gains? Lightchain AI is here to shake things up with its genius blend of AI and blockchain. Think disruption, innovation, and a whole lot of opportunities for creators, developers, and businesses.

With access to the Meme Launchpad and ecosystem tools, users can start flexing Lightchain AI’s features today. This means memecoin creation tools, liquidity boosts to take projects to the moon, and grants to fuel creators’ wildest ideas.

For more information on Lightchain AI, visit its website, X, or Telegram.

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June 2, 2025 0 comments

Crypto Trends

DeFi Platform Cork Protocol Suffers $12M Smart Contract Exploit

by admin May 28, 2025

Decentralized finance (DeFi) platform Cork Protocol has suffered a smart contract exploit, with hackers reportedly stealing $12 million worth of wrapped staked ether (wstETH).

Blockchain security monitor Cyvers noticed the exploit, stating that the malicious contract was deployed by a wallet likely funded by a service provider.

It added that $12 million worth of wstETH was quickly swapped for ETH.

Cork Protocol received investments from a16z crypto and OrangeDAO in September 2024.

“There was a security incident affecting the wstETH:weETH market at 11:23 UTC today,” Cork wrote on X.

Cork added that it has paused all other markets as a precaution and that it is investigating the root cause.

Security auditing company Debaub wrote that the attacker likely manipulated an issue with the smart contact’s exchange rate by issuing fake tokens.

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May 28, 2025 0 comments

GameFi Guides

SUI stalls below resistance amid $223M Cetus Protocol hack

by admin May 26, 2025

SUI is trading at $3.62 at press time, down 1% in the past 24 hours, as the token struggles to recover from the aftermath of the $223 million Cetus Protocol hack on May 22.

The attack, which is one of the biggest decentralized finance hacks this year, has cast a shadow over Sui’s (SUI) ecosystem. It has sparked concerns about the network’s decentralization and stalled bullish momentum. Before the attack, SUI had risen more than 60% in a month, peaking on at around $4.29 on May 12.

Sui’s impressive rally was thanks to the growing interest in real-world asset tokenization and new institutional partnerships. But the attack triggered a sharp sell-off, with SUI dropping almost 14% in a day. It’s now down nearly 20% from its pre-hack levels and trading in a range between $3.48 and $3.62.

The exploit targeted flaws in Cetus’s smart contracts using spoof tokens like BULLA and MOJO to manipulate price feeds and deplete liquidity pools. The SUI/USDC pool alone had about $11 million stolen from it. Trading was halted, and the total value locked on the Sui chain fell from $2.13 billion to $1.92 billion.

Cetus protocol’s native token fell by 40%, and due to the loss of liquidity, USD Coin (USDC) momentarily lost its dollar peg. Sui validators successfully froze $162 million of the stolen assets by blacklisting the attacker’s wallet. This prevented most of the funds from leaving the network, but it raised questions about the true extent of validators’ power.

Critics argue that freezing transactions on demand goes against the idea of decentralization. Some pointed out that a small number of validators and insiders may control most of the network, with very few users participating in governance.

On the market side, Coinglass data shows that derivatives volume in the last day has jumped nearly 40% to $3.57 billion, suggesting increased short-term interest, likely from volatility traders. At the same time, open interest dropped 2.9% to $1.77 billion, showing signs that some traders may be pulling back or taking profits.

Technical indicators show mixed signals. The relative strength index is neutral at around 50. Short-term momentum indicators point to a possible upside, but the moving average convergence divergence is showing a bearish crossover. Short-term moving averages indicate downward pressure, while longer-term indicators provide more bullish signals.

Sui price analysis. Credit: crypto.news

The 50-, 100-, and 200-day moving averages are all flashing buy signals, suggesting that if SUI can withstand the damage caused by the hack, it will continue to be in an overall upward trend. For now, SUI is stuck below the $4 resistance. Traders are watching closely to see whether it can break above or if the fallout from the Cetus hack will keep weighing on the market.

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May 26, 2025 0 comments

Sui-based Cetus Protocol offers $6M bounty to hacker after $223M exploit

GameFi Guides

Cetus Protocol offers hacker $6M bounty after $223M exploit

by admin May 23, 2025

Cetus Protocol, the largest decentralized exchange on the Sui blockchain, is offering a $6 million bounty to the hacker behind a massive $223 million exploit that occurred on May 22.

In a May 22 follow-up statement accompanied by an on-chain message, the Cetus team confirmed they had identified the attacker’s Ethereum wallet and offered a “whitehat settlement” to recover user funds. The hacker is being asked to return 20,920 ETH and all frozen assets on Sui (SUI) in exchange for keeping 2,324 Ethereum (ETH), worth approximately $6 million, and immunity from legal action.

Cetus said this is a time-sensitive offer and that if the funds are off-ramped or mixed, the deal is off. The team is coordinating with law enforcement, cybercrime specialists, the Sui Foundation, and regulators including FinCEN and the U.S. Department of Defense. Inca Digital, a cybersecurity firm, is leading the negotiation efforts.

📜 Dear Sui community, thank you for your patience while our team works on the incident investigation and resolution.
Since taking the actions indicated in our previous announcement, we have also done the following:
1. We engaged the broader ecosystem, Sui team, and related… https://t.co/Gs1EWXZ6AD
— Cetus🐳 (@CetusProtocol) May 22, 2025

The breach exploited a vulnerability in Cetus’ pricing mechanism and impacted its concentrated liquidity market maker pools. The attacker used spoof tokens, which are fake or low-value assets with manipulated metadata, to inject tiny amounts of liquidity into trading pools.

Because of the distortion of those pools’ internal accounting, the hacker was able to take out substantial quantities of valuable tokens, such as SUI and USD Coin (USDC), at incorrect exchange rates.

The attacker deceived the system into believing the pools were balanced by carefully timing these spoof token deposits with complex flash swaps and price manipulation. As a result, they were able to drain substantial real assets without supplying equivalent value.

Cetus had reportedly passed recent security audits prior to the hack. However, by exploiting internal pricing logic and economic assumptions rather than simple code errors, the attacker’s method evaded typical vulnerability scans.

After initially draining $11 million from an SUI/USDC pool, the attacker quickly intensified the attack. They bridged more than $60 million in stolen funds to Ethereum and bought over 21,900 ETH. They currently have millions of SUI, ETH, and stablecoins in their wallets.

The Sui ecosystem was severely damaged by the exploit. Smaller tokens like AXOL, HIPPO, and SQUIRT lost almost all of their value, while the SUI token dropped as much as 15%. CETUS, the token of Cetus, fell 20–33%. Trading volumes surged as users scrambled to withdraw funds.

Cetus has paused smart contracts following the hack the hack and is attempting to secure its platform. The incident raises questions about the security of DeFi protocols on newer chains like Sui and Aptos (APT). Although these ecosystems offer innovation, analysts warn that vulnerabilities in complex DeFi logic remain a persistent risk.

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May 23, 2025 0 comments

Esports

Crisis Protocol Card Update May 2025

by admin May 22, 2025

Atomic Mass Games released some updated content this week for their superhero miniature game, Marvel Crisis Protocol. These updates are to character cards, tactics cards, and their FAQ & Errata document, all of which you can view and download on their Rules page for free here. While there aren’t any Asgard-shattering changes, there are a few nice quality of life balances implemented to help clarify timing and interactions within each game phase. Many of these figures will be appearing in the new Affiliation Packs set to release over the next year, which gives players the opportunity to pick up four or five figures in a themed pack (Avengers, Cabal, X-Men, Midnight Sons, etc.). Some of the pieces are hard to find currently because they’re out-of-print, so these new packs are meant to get new players in and experienced players back in.

You can read their official transmission for a more in-depth view, but here are some of the highlights from their post:

Agent Venom
- Project Rebirth 2.0 now causes the character to make a Shake action.
Carnage
- Healthy side Stamina up to 8 from 7. Paint the Town Red updated.
Colossus
- Strike Concussive Force ability replaced with Push. X-Slam Stagger ability replaced with Throw. Big Brother updated to have a different ability based off Range to the attacker.
Doctor Strange
- Injured side Stamina up to 7 from 6. Bolts of Bedevilment has added Pierce ability on a Block. Judgment of the Vishanti replaced previous Leadership. Oshtur’s Refuge up to Range 3. Hoggoth’s Hoary Wisdom can add dice to dodge rolls. Eye of Agamotto can now reroll dodge rolls.
Gambit
- Kinetic Ace down to 4 Strength from 5 and type changed to Energy. 52 Card Pickup ability changed and Power Cost down to 3. Enhanced Agility changed to Advance in any direction. The Cards Always Be In My Favor superpower added.
X-23
- Frenzy updated timing. Adamantium Skeleton Innate superpower removed.
Mutant Traitor (Team Tactics Card)–
- Amplified Ammunition’s ability that damages Bishop changed to after all attacks are resolved and only happens once.

There are a fair amount of changes to help with fluidity of gameplay, intuitiveness for timing and resolution, and either increase or decrease character’s power levels for game balances so be sure to read AMG’s full article.

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