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Crypto Futures ETFs Raise More Than $73 Million Ahead of Hong Kong Launch


Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted over $73 million ahead of their debut on the region’s stock exchange. The launch of the two ETFs tracking cryptocurrency futures listed in the United States comes despite the industry’s current troubles....

Report: Chinese Company Launches Digital Currency Insurance Product


The Suzhou branch of the Chinese insurance company China Pacific Insurance, together with the Bank of Communications, recently announced the launch of a digital currency account insurance product. The launch comes at a time when the number of personal digital currency wallets created in the Chinese...

This DeFi Protocol Just Got Hacked for $6.9 Million – Here’s What Happened


Lodestar Finance, a DeFi protocol built on Ethereum’s Arbitrum network, lost $6.9m in an exploit over the weekend where an attacker was able to manipulate a price oracle. In a statement published on Sunday, the team behind Lodestar admitted that the hack has created “a bad situation” and that...

Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance


Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9 million from the vulnerability. Lodestar Finance Loses $6.9 Million in an Exploit,...

This Week XRP Whales Moved Millions of Tokens to Exchanges and Unknown Wallets


During the past 30 days, the crypto asset xrp has gained more than 17% in value against the U.S. dollar. Meanwhile, the crypto community has been noticing significant xrp whale movements during the past week as one whale moved 143,000,000 xrp worth more than $55 million on Dec. 9, and another whale...

Metagood raises $5 million toward positive social impact


Metagood announces that it has raised $5 million from inventors, including Animoca Brands, Mark Yusko, and Freddie Andrewes. The objective is to expand the social impact that the for-profit NFT startup has created. Funds raised in the pre-seed round are deployed in three major areas: community...

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