Ethereum Wallet Drainer Steals $60M in Six Months
Hackers that stole more than $60 million worth of crypto in six months are using a piece of code to bypass security alerts after maliciously gaining access to a private key.
Finance
Meet Midas: A New Yield-Bearing Stablecoin Investing in U.S. Treasuries
The proposed stablecoin, which tokenizes ownership of Treasuries, mentions BlackRock, Circle, Fireblocks and Coinfirm as “institutional partners.”
Crypto Lender Hodlnaut to Be Liquidated, Court Filing Shows
Defunct cryptocurrency exchange Hodlnaut will be wound up, according to a note from the company’s former interim judicial managers, Aaron Lee and Angela Ee.
Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024
Crypto lender Celsius secured approval for its reorganization plan from a bankruptcy court on Thursday, marking an end to an ordeal that began when it filed for bankruptcy in July last year.
Poloniex Hot Wallets Hacked With $114M Seemingly Stolen: On-Chain Data
Cryptocurrency exchange Poloniex has had its hot wallets drained by hackers with an estimated loss of around $60 million.
JPMorgan Adds Programmable Payments to JPM Coin
Previously clients would need to set standing orders for payments to take place at a particular time; now they can program them to kick in when the relevant criteria are met.
BlackRock’s Ethereum ETF Plan Is Confirmed in Nasdaq Filing
The world’s largest asset manager already made waves by seeking to list a bitcoin ETF
Polygon Labs Commences $85M Grant Program to Draw Builders to Its Ecosystem
Polygon Labs is offering a total of 110 million of its native token, MATIC, to projects in DeFi, gaming and social media, among others.
Huobi Token Jumps 25% as HT Trading Volume Surges Overnight
Huobi token [HT], the native token of cryptocurrency exchange HTX, has surged to a five-month high of $2.95 following a rapid increase in trading volume.
Standard Chartered, SBI Holdings Establishing $100M Investment Firm Targeting Crypto Startups
SC Ventures and SBI Holdings’ Digital Asset Joint Venture investment company will be established in UAE and focus on firms in market infrastructure, risk and compliance, DeFi and tokenization.