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Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds
The recovered tokens, spanning multiple networks and assets, will be paid out in the same tokens as originally provided, with a claim mechanism being developed.
DeFi Giant Spark Shelves Crypto App Plans to Focus on Institutional Infrastructure
The protocol will instead focus on "liquidity infrastructure and deals" such as its recent $1 billion investment into PayPal's PYUSD.
French Banking Giant ODDO BHF Enters Crypto With Euro-Backed Stablecoin EUROD
EUROD will be listed on Madrid-based crypto platform Bit2Me, which is backed by major institutions including telecom giant Telefonica.
Arizona Governor Calls Crypto an ‘Untested Investment,’ Vetoes Bitcoin Reserve Bill
The bill, Senate Bill 1025, aimed to create a digital assets reserve managed by the state.
ZKSync Hacker Returns $5M in Stolen Tokens After Accepting 10% Bounty
The hacker cooperated with the ZKsync team and returned the funds within the “safe harbor” deadline while taking a 10% bounty..
Bitcoin Miner MARA Starts Massive $2B Stock Sale Plan to Buy More BTC
The company, which has the second-largest bitcoin stash among publicly-traded companies, could use the funds to finance further BTC acquisitions.
Coinbase Sold 12,652 ETH in the Fourth Quarter, Standard Chartered Says
Standard Chartered’s Geoffrey Kendrick said Base’s profits led to Ethereum sales rather than long-term accumulation, a claim dismissed by the crypto exchange.
21Shares to Liquidate Two Bitcoin and Ether Futures ETFs Amid Market Downturn
The firm is liquidating its ARK 21Shares Active On-Chain Bitcoin Strategy ETF and ARK 21Shares Active Bitcoin Ethereum Strategy ETF amid the downturn.
Coinbase Stock Decline Can't Stop Highly Leveraged Long ETF Rollouts
The ETF allows investors to capitalize on the volatility of Coinbase's stock without directly holding shares.
TON Surges 20% as Telegram Founder Pavel Durov Recovers Passport From French Authorities
Telegram founder Pavel Durov regained access to his passport, allowing him to travel freely.
Francisco Memoria
Francisco is a cryptocurrency writer who's in love with technology and focuses on helping people see the value digital currencies have. His work has been published in numerous reputable industry publications. Francisco holds various cryptocurrencies.
