Rumble Announces $775 Million Strategic Investment from Tether

Rumble (NASDAQ: RUM) (“Rumble” or the “Company”), a video-sharing platform and cloud services provider, announced a definitive agreement for a $775 million strategic investment from Tether ($USDT). Tether, the largest company in the digital assets industry and the most widely used dollar stablecoin globally with over 350 million users has become a prominent symbol of…

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Stars Arena, Socialfi app on Avalanche drained of $3 million after an exploit

A day ago, Avalanche’s newcomer, a socialfi platform named StarsArena (ref link) experienced a significant loss of almost all its locked funds due to a security breach that targeted a smart contract responsible for token security within the social application. The breach resulted in the drainage of approximately $3 million worth of AVAX tokens from…

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