In a recent development that has sent shockwaves through the cryptocurrency community, Concentric, a prominent player in the DeFi (Decentralized Finance) space, has disclosed a significant security breach. The company reported a loss of $1.6 million due to a private key breach on the Arbitrum protocol.
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Amazon (AWS) & Avalanche (AVAX) Enter Partnership
Amazon Web Services (AWS) announced a partnership with Avalanche (AWS), a blockchain platform provider, to expand blockchain solutions for enterprises and governments. The partnership will allow AWS customers to leverage Avalanche’s blockchain platform to build and deploy decentralized applications (dApps) that can handle large-scale, high-throughput transactions.
