Wall Street’s Guggenheim Treasury tokenizes $20M paper on Ethereum
According to Guggenheim Treasury Services, the product is the first digital version of commercial paper on the Ethereum network.
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DeFi protocol Arcadia Finance hacked on Ethereum and Optimism for $455K
A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia’s Ethereum and Optimism vaults. 411 Total views 1 Total shares A hacker drained approximately $455,000 from noncustodial decentralized finance (DeFi) protocol Arcadia Finance by exploiting a code vulnerability.Blockchain investigator PeckShield alerted about the hack on Arcadia Finance, highlighting the…

Time for altseason? Analysts say altcoin market is near ‘momentum bottom’
Altcoin prices have been in a rut, but a key alteason indicator hints that the “strongest wave” is yet to come.

Do Kwon is in US custody after extradition battle
The Terraform Labs co-founder was arrested in Montenegro in 2023 for using falsified travel documents as the courts determined whether he would go to the US or South Korea.

Goldman Sachs reportedly eyes crypto derivatives markets with FTX integration
FTX has sought to integrate brokerage services internally to fulfill trades automatically, however, CFTC has called for greater scrutiny of the demand as it would lead to a monopoly of big players. 264 Total views 3 Total shares Goldman Sachs, one of the leading investment banks in the United States is reportedly trying to onboard…

Ether options open interest grows 80-fold amid rising institutional appetite
Open interest in Ether options trading has increased from $50 million to $4 billion over the last year. 3239 Total views 18 Total shares The massive growth of Ethereum’s futures and options arena is reportedly pointing towards significant institutional involvement in the second-largest cryptocurrency by market capitalization.According to a recent report by crypto investment advisory…

KuCoin Warns of Impersonator Website Offering Incentives to Deposit Crypto
Impersonation scams continue to permeate the cryptocurrency space. Cryptocurrency exchange KuCoin has issued a warning to users regarding a fraudulent website using its branding in an attempt to steal cryptocurrency.According to the report, posted Aug 19, the website is offering false incentives to entice users to deposit digital assets.It further clarifies that the web address…

Hacker mints 1 quadrillion yUSDT after exploiting old Yearn.finance contract
The hacker has already transferred 1,000 Ether ($2 million) to the crypto mixer Tornado Cash. 970 Total views 13 Total shares Own this piece of history Collect this article as an NFTBlockchain security firm PeckShield recently detected a hack that allowed the attacker to mint over 1 quadrillion Yearn Tether (yUSDT) from $10,000 in the…

Key Metrics Show Institutional Interest in Crypto Is High and Rising
The growth of the crypto derivatives market in 2020 has been a story of its own, mainly driven by Bitcoin (BTC) and Ether (ETH) options traded on exchanges such as the Chicago Mercantile Exchange, Deribit, OKEx, Binance and Houbi. Record Bitcoin options volumes are indicative of an increasing institutional interest in crypto, but there are better…