News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Hackers Steal $11.5 Million from Verus Protocol
The Verus DeFi protocol lost $11.5 million in a recent attack on its Ethereum cross-chain bridge, with funds still in the hacker's wallet.
Sarah Chen1 min - News
Standard Chartered to Acquire Crypto Custodian Zodia
Standard Chartered has announced its acquisition of Zodia Custody to enhance its digital asset services and strengthen its market position.
Aisha Patel1 min - Crypto
Aave Unlocks Ethereum-Collateralized Loans Across Six Networks
Aave has restored Ethereum-collateralized loans across six networks, marking a significant recovery step following the Kelp hack.
Sarah Chen1 min - Crypto
JPMorgan Predicts Ethereum Will Continue to Lag Behind Bitcoin
JPMorgan analysts report that Bitcoin continues to outperform Ethereum, with institutional interest favoring Bitcoin amid low activity in the altcoin market.
Marcus Reid1 min - News
Hackers Steal $10 Million from THORChain
Hackers have stolen over $10 million from the THORChain protocol, affecting multiple blockchain networks including Bitcoin and Ethereum.
Marcus Reid1 min - Crypto
SharpLink Criticizes Strategy's Approach to Crypto Asset Management
SharpLink's CEO criticizes Michael Saylor's capital management model, highlighting Ethereum's staking benefits and the company's focus on stability amid market challenges.
Sarah Chen2 min - News
MetaMask Developer Delays IPO Until Fall
ConsenSys, the developer of MetaMask, has postponed its IPO plans until fall due to unfavorable market conditions, joining other crypto firms in delaying public offerings.
James Park3 min - Crypto
DFDV Increases Solana Reserves to $325 Million
DeFi Development Corp. (DFDV) has increased its Solana reserves to $325 million, despite reporting a net loss of $83.4 million due to a significant drop in Solana's price.
Daniel Kim1 min - Crypto
Solana and Ethereum Match in DEX Trading Volumes
Solana's DEX trading volume has fallen to 94% of Ethereum's, the lowest in a year, while both networks process around $45 billion monthly.
Elena Volkov1 min - Crypto
Ethereum Foundation Launches Service to Prevent Blind Signing of Transactions
The Ethereum Foundation has launched the Clear Signing initiative to standardize transaction descriptions and prevent blind signing attacks.
Aisha Patel1 min - Crypto
Kelp and Aave Begin Asset Recovery After $292 Million Hack
Kelp and Aave are recovering assets after a $292 million hack, aiming to restore 117,132 rsETH within two weeks and enhance security measures.
Aisha Patel1 min - Crypto
Charles Schwab Launches Bitcoin and Ethereum Trading
Charles Schwab has launched direct trading for Bitcoin and Ethereum on its Schwab Crypto platform, marking a significant expansion in its services.
James Park1 min