According to Sun, all customer funds are safe as the ETH stolen via the hack is only two weeks’ worth of the average HTX revenue. Justin Sun has announced on X (formerly Twitter) that crypto exchange HTX (formerly Huobi) suffered a hack in which the hackers made away with 5,000 Ether (ETH), …
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The venture capital industry appears to be gearing up for portfolio rebalancing in 2024, with investors positioning themselves to increase exposure to digital assets in the next bull market. Blockchain Capital, for instance, closed two new funds this week, with $580 million in capital to be deployed in crypto gaming …
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Plans to axe several screen funding programs in Australia are “hard to comprehend” and will be a “disaster” for the country’s film and TV industry, the country’s producers body has warned. The New South Wales government, which presides over Sydney and its surrounding areas, is planning to cut a number …
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Bitcoin, the world’s leading crypto, has been spared from a recent negative occurrence that gripped the digital currency market. Crypto outflows took a breather last week, providing a glimmer of hope for an industry grappling with prolonged negative sentiment. According to recent data, digital-asset investment products saw $11.2 million flow …
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In a recent tweet, Chinese journalist Colin Wu provided an update regarding a significant crypto hack that took place in August. The hack was alarming because it targeted a platform BitBrowser, frequently used by cryptocurrency enthusiasts who participate in airdrops. Hackers Move Funds To Crypto Mixers According to Colin Wu’s report, …
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No. 1 Crypto Recovery Solution – Introducing Report Scammed Bitcoin (RSB) The world of cryptocurrencies has brought about numerous opportunities and advancements, but with it, there has also been an alarming rise in bitcoin scams and crypto fraud. As more individuals and businesses venture into the realm of digital currencies, …
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In addition to the partial repayment agreement, DCG has also committed to paying an additional $275 million, disbursed in four installments after the date of the initial partial repayment. In a welcome development that has sent ripples through the crypto space, creditors of the defunct Genesis platform are set to …
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In a disheartening turn of events, the decentralized finance (DeFi) protocol Balancer (BAL) confirmed a hack just days after warning about a critical vulnerability impacting multiple Pools. The attack, which took place on August 27, resulted in a loss of nearly $1 million for Balancer. Previously, on August 22, NewsBTC …
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Along with investing in Ether Futures, the Valkyrie Ethereum Strategy ETF will invest in other instruments like cash, cash-like instruments, or high-quality securities. On Wednesday, August 16, Valkyrie Funds filed with the US Securities and Exchange Commission (SEC) for a new fund that would specifically invest in Ether Futures. With …
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New criminal charges keep unfolding against former FTX CEO Sam Bankman-Fried in his court case with the US prosecutors. In the latest development, the federal prosecutors filed a new indictment against the former billionaire on Monday, August 14. The filing alleged that Bankman-Fried stole more than $100 million in customers’ funds …
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The liquidity pools of Curve Finance were recently subjected to an exploit, leading to a significant financial loss. Although around 70% of the missing assets have been successfully recovered, the level of interest from investors motivated by the crisis has been declining as Curve resumes its regular activities. Curve Finance …
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Curve Finance (CRV), a leading decentralized finance (DeFi) protocol, announced significant progress in its recovery efforts following a recent hack that resulted in losing $73.5 million across several projects within its factory pools. The attack on July 30 exploited a critical security flaw known as a “reentrancy vulnerability,” allowing malicious …
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