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ZKsync recovers $5M of stolen tokens after hacker accepts bounty offer


The ZKsync Association has confirmed the recovery of $5 million worth of stolen tokens from an April 15 ZKsync security incident involving its airdrop distribution contract.The hacker agreed to accept a 10% bounty and return 90% of the remaining stolen tokens, transferring the ZKsync Security...

ZKsync recovers $5M of stolen tokens after hacker accepts bounty offer


The ZKsync Association has confirmed the recovery of $5 million worth of stolen tokens from an April 15 ZKsync security incident involving its airdrop distribution contract.The hacker agreed to accept a 10% bounty and return 90% of the remaining stolen tokens, transferring the ZKsync Security...

Bitcoin ETFs Soar With $381 Million Inflows As Recovery Gains Momentum


Bitcoin ETFs extended their recovery with an impressive $381 million in inflows, marking the second straight day of net gains. Ether ETFs, however, continued to struggle with more outflows. Bitcoin ETFs Rally Led by ARKB and FBTC With Ether ETFs Still in Retreat Momentum returned to bitcoin ETFs...

Mixed sentiment as crypto funds see modest $6M inflows — CoinShares


Cryptocurrency exchange-traded products (ETPs) showed signs of recovery last week with minor inflows, after shedding more than $1 billion in outflows in the previous two weeks.Crypto investment products saw inflows of $6 million during the week of April 14–18, reflecting mixed investor...

Mixed sentiment as crypto funds see modest $6M inflows — CoinShares


Cryptocurrency exchange-traded products (ETPs) showed signs of recovery last week with minor inflows, after shedding more than $1 billion in outflows in the previous two weeks.Crypto investment products saw inflows of $6 million during the week of April 14–18, reflecting mixed investor...

Solana whale sits on $153M profit after 4-year staking play


A Solana address with over 1 million tokens is sitting on more than $153 million in profit after a four-year staking play on the crypto asset. Blockchain analytics firm Lookonchain flagged the wallet address of a whale that staked nearly 1 million Solana (SOL) tokens in 2021. At the time...

Solana whale sits on $153M profit after 4-year staking play


A Solana address with over 1 million tokens is sitting on more than $153 million in profit after a four-year staking play on the crypto asset. Blockchain analytics firm Lookonchain flagged the wallet address of a whale that staked nearly 1 million Solana (SOL) tokens in 2021. At the time...

Galaxy Digital Reportedly Swaps $100 Million Worth of Ethereum for Solana


Mike Novogratz’s Galaxy Digital has reportedly executed a significant swap, transferring approximately $100 million worth of ethereum for solana. According to a post from Wu Blockchain, onchain data from Lookonchain reveals that Galaxy Digital transferred 65,600 ETH, valued at around $105 million...

Gibraltar court ends 2-month freeze of 542M PLAY tokens amid legal dispute


The Supreme Court of Gibraltar has reversed its decision to freeze 542 million PLAY tokens in a court battle between two companies tied to the Web3 game-creation platform PLAY Network.In an April 17 judgment, Gibraltar Supreme Court Judge John Restano undid his earlier February freeze of...

Mantra says CEO has begun the process of burning his 150M OM tokens


Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in an attempt to restore the token’s value by tightening supply. Mantra announced on April 21 that the unstaking process had begun,...

MANTRA’s Double Burn: 300 Million OM Tokens to Be Destroyed Post-Collapse


According to the team, MANTRA CEO and founder John Patrick Mullin is burning his entire 150 million OM token allocation—worth approximately $87 million at current prices—in a bid to restore trust following the token’s historic 90% collapse last week. The move comes as OM trades at $0.5832, down...

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