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The CryptoBilis Ledger drainer has continued moving stolen cryptocurrency, transferring USD 13.84 million over the past 48 hours after Arkham Intelligence traced USD 95.35 million in thefts involving 1,486 addresses. Summary Arkham traced USD 95.35 million stolen from 1,486 addresses between October 7 and 9. The attacker reportedly stole USD 80.60 million within just 51 minutes on October 9. At least USD 69.19 million passed through swaps and bridges across multiple blockchain networks. The atta...
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Moody’s has assigned Ripple’s RLUSD stablecoin an A2 long-term and Prime-1 short-term deposit rating, bringing its new credit assessment framework to a dollar-backed token issued on the XRP Ledger and Ethereum. Summary Moody’s assigned RLUSD an A2 long-term rating and its highest short-term grade, P-1. The rating covers RLUSD issued by Standard Custody on XRP Ledger and Ethereum. Reports describe 103% reserve coverage, with BNY serving as the primary reserve custodian. RLUSD’s rating coi...
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Solana has been running Alpenglow on mainnet since October 21, replacing a voting system that could take several seconds to finalize a block with one designed to finish in a fraction of a second. The Solana Foundation records the switch in epoch 1064, after 446 of 654 validators certified a genesis block. Summary Alpenglow began finalizing mainnet blocks at slot 459,653,000 on October 21, after the network certified its handoff block. Solana describes 150 milliseconds as a finality target; an Oc...
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