Crypto for Advisors: ETH Staking in 2024
In today’s issue of Crypto for Advisors, we share what advisors need to know about how ETH staking works and what’s coming.
Finance
Ledger Exploit Drained $484K, Upended DeFi; Former Staffer Linked to Malicious Code
Hackers stole almost $484k after inserting malicious code into Ledger’s Connect Kit on GitHub on Thursday. Several decentralized finance (DeFi) protocols have been impacted and users are being warned to avoid using decentralized apps (dApps) until further updates.
Deutsche Bank-Backed Taurus Starts Tokenizing German SME Loans
Crypto custody specialist Taurus has partnered with lending company Teylor.
Ledger Exploit Endangers DeFi; Sushi Says ‘Do Not Interact With ANY dApps’
The exploit reportedly prompts users to connect their wallets via a pop-up, triggering a token drainer.
Rulematch, a Swiss Crypto Exchange for Banks, Goes Live With Spain’s BBVA
The institutional crypto platform uses Nasdaq’s trading tech, and comes out the gates with seven banks and securities firms.
Blockstream Preps New Sale of Notes Designed to Profit From Rebounding BTC Mining-Rig Prices
ASIC Miners (Sandali Handagama/CoinDesk)
HTX, Poloniex Assets are ‘100% Safe’ Says Justin Sun After $200M Hack
Both exchanges lost a combined total of more than $200 million in a series of hacks last month.
ARK Invest Sells Coinbase Shares for Third Straight Day
The investment firm has sold the crypto exchange’s stock on all but two trading days this month.
Celestia, Blockchain Data Solution, Sees TIA Token Surge as Polygon Plan Announced
Celestia’s native TIA token jumped to a record high of $12.35 on Tuesday as holders attempt to farm a series of Celestia-based token airdrops.
Binance’s Market Share of Crypto Trading Tumbled to 30% in 2023
The exchange has also witnessed a drop in its trading volume amidst the regulatory crackdown on the entity in the U.S.