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86 Million Tokens Set for Distribution in Eigenlayer’s Season 2 Stakedrop
5.9.2024
The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who contributed to the Eigenlayer network. Token claims will open on or before September 17, 2024, with rewards based on participation in staking, contributions...
Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses
5.9.2024
On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million in reductions. Grayscale’s GBTC and ETHE Lead Withdrawals Both bitcoin and ethereum ETFs...
Robinhood Fined $3.9 Million Over Crypto Withdrawal Restrictions in California
5.9.2024
California Attorney General Rob Bonta has announced a $3.9 million settlement with Robinhood Crypto for restricting cryptocurrency withdrawals and not fully disclosing trading practices. The settlement marks the first public action by California’s Department of Justice against...
US Court Imposes $209 Million Penalty in Crypto Ponzi Scheme
5.9.2024
The U.S. District Court for the Northern District of Illinois has ordered an Oregon resident and his entities to pay over $209 million in penalties for running Ponzi schemes disguised as crypto and carbon investment programs. This includes restitution, disgorgement of illegal profits, and a civil...
Robinhood to settle $3.9 Million penalty with California DOJ
5.9.2024
Users encountered a single, common issue with Robinhood between 2018 and 2022. That was a crypto withdrawal. They…
WazirX hacker launders $2 million more through Tornado Cash
5.9.2024
It has been over a month since WazirX suffered a $234 million hack and shut down operations for…
Ethereum Spot ETF records Net Outflow of $37.5 Million
5.9.2024
Spot Ether ETF experienced a positive outflow for the second day in a row on September 4, 2024.…
OpenSea receives SEC Wells notice, monthly NFT sales fall below $400M: Nifty Newsletter
4.9.2024
OpenSea CEO Devin Finzer said that the NFT marketplace received a Wells notice from the SEC, suggesting potential enforcement action from the agency
OpenSea receives SEC Wells notice, monthly NFT sales fall below $400M: Nifty Newsletter
4.9.2024
OpenSea CEO Devin Finzer said that the NFT marketplace received a Wells notice from the SEC, suggesting potential enforcement action from the agency
Justin Sun: $8 Million of $SUN Burnt, $4 Million Still Left; $SUN Further Dips
4.9.2024
Earlier today, Tron founder Justin Sun said on X that SunPump has burnt and destroyed $8 million of…
Penpie protocol exploited, suffers $27M loss
3.9.2024
Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023.
Penpie protocol exploited, suffers $27M loss
3.9.2024
Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023.
Hypernative Secures $16 Million in Series A Funding to Enhance Web3 Security
3.9.2024
Hypernative has successfully secured $16 million in a Series A funding round spearheaded by Quantstamp, with other notable investors joining the fray. This new capital will be channeled into enhancing its artificial intelligence (AI)-driven security solutions tailored for the Web3 ecosystem....
Bluesky adds 1 million new users in 3 days amid X ban in Brazil
3.9.2024
The decentralized microblogging platform has seen traffic and user numbers surge following the X expulsion from Brazil.
Bitcoin miners sell their shares worth $154 million
2.9.2024
Bitcoin miners reportedly sold tokens worth over $154 million. It is believed that portfolios shed almost 2,655 BTC.…
Crypto products hit with $305M outflow amid strong US economic data
2.9.2024
CoinShares expects that crypto investment products will become “increasingly sensitive” to interest rate expectations in September
A Whale Withdraws 1,000 BTC Worth $574 Million From Binance
2.9.2024
A whale address that sold $467 million worth of Bitcoin in July withdrew 1,000 BTC (about $574 billion)…
Crypto losses to hacks exceed $313M in August
1.9.2024
Two largest phishing attacks together made up 93.5% of the total stolen funds, amounting to $293.4 million
Canadian Court Orders Man to Repay $1.2 Million in Bitcoin Loan Dispute
1.9.2024
A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $1.2 million for a loan of 22 bitcoins made in 2021. Nguyen, a Canadian real estate agent, claimed the loan constituted his entire savings, and Tambosso’s failure to repay has severely impacted his finances...
Crypto Hacks and Scams Cost $300 Million in August
1.9.2024
In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to the security firm Certik, this is the second-highest monthly loss in 2024 so far. While May had...