DeFi - Crypto News And Market Updates

Crypto security illustration showing a shield and warning symbols, representing scam prevention and protection in the crypto space.

North Korean Hackers Exploit Chromium Zero-Day to Target Crypto Institutions

August 30, 2024 Gonzalo

North Korean hackers exploited a Chrom zero-day to target crypto institutions, stealing assets via malicious software. Immediate security updates recommended.

Bitcoin and ETF illustration with falling chart, representing record outflows from cryptocurrency exchange-traded funds.

Bitcoin ETFs See $105.19 Million Outflow as Ethereum ETFs Reverse Nine-Day Trend

August 29, 2024 Gonzalo

Spot Bitcoin ETFs face $105.19M in outflows, while Ethereum ETFs reverse a nine-day streak with $5.84M in new inflows, signaling market shifts.

Real-world asset tokenization illustration showing digital assets connected to global markets, representing the tokenization of traditional financial assets on blockchain.

Hong Kong Monetary Authority Unveils Sandbox to Accelerate Tokenization of Real-World Assets

August 28, 2024 Gonzalo

Hong Kong’s HKMA launched “Project Ensemble Sandbox” to advance tokenization in finance, covering real-world assets and interbank settlements.

Echelon Secures $3.5M in Seed Funding to Advance DeFi Lending and Real-World Asset Strategies

August 27, 2024 Gonzalo

Echelon raises $3.5M to expand DeFi lending, focusing on real-world assets and Move-based ecosystems with support from Amber Group and key partners.

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Xapo Bank and Hilbert Capital to Launch $200 Million Bitcoin-Denominated Hedge Fund

August 27, 2024 Gonzalo

Xapo Bank and Hilbert Capital unveil a $200m Bitcoin-denominated hedge fund, targeting institutional investors with lower fees and strategic growth potential.

WazirX Opens Partial INR Withdrawals Following Recent Hack

August 26, 2024 Gonzalo

WazirX reopens partial INR withdrawals for eligible users, reduces fees by 60%, following a major hack. Full access to funds remains pending.

Illustration depicting RedStone oracle infrastructure connected to BNB Chain data feeds.

BNB Smart Chain DEX Volume Surges, Temporarily Flips Solana

August 25, 2024 Gonzalo

BNB Smart Chain’s DEX volume surged by 40%, briefly overtaking Solana, driven by strong performance on PancakeSwap and rising BNB token prices.

Polygon Recovers Discord Server After $145K Hack: What You Need to Know

August 25, 2024 Gonzalo

Polygon Discord server was hijacked for three hours causing a $145K loss. Learn how the breach was detected and resolved, raising concerns over crypto security.

Bitget Partners with KoinX to Streamline Cryptocurrency Tax Reporting

August 24, 2024 Gonzalo

Bitget partners with KoinX to simplify crypto tax reporting, offering automated syncing and comprehensive reports for easier, accurate filings.

Illustration highlighting hidden security threats within crypto hiring processes and insider risks.

Web3 Identity Firm zkMe Raises $4M to Revolutionize Decentralized Identity Verification

August 20, 2024 Gonzalo

zkMe Technology Limited secures $4M to advance its Web3 identity verification layer, integrating privacy and compliance with zero-knowledge proofs.