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Beanstalk Hacker Drains USD 182M from Project, But Nets Only USD 80M


  Beanstalk, a decentralized credit-based stablecoin protocol, fell victim to a flash-loan attack over the weekend that saw the protocol exploited for USD 182m worth of crypto. However, the attacker managed to cash out 'only' USD 80m. According to blockchain security firm PeckShield, the attacker...

Skynet EGLD Capital Raises $40M to Invest in Elrond


Skynet EGLD Capital, the first licensed fund that accepts in-kind subscriptions on Elrond, recently concluded its fundraising round. The venture gathered over 40 million dollars to support the development of Elrond. The market considers Skynet EGLD Capital as the brainchild of Skynet Trading’s...

IOST Announces $100M Fund to Boost EVM Multi-Chain Ecosystem


The IOST Foundation has announced a 100 million dollar fund for EVM developers. The venture joined with ecosystem partners and venture capital institutions to create the Exclusive Incentive Fund. The objective behind the development is to gather next-gen projects and boost their growth in IOST’s...

Bitcoin Below USD 40K, Ethereum Loses USD 3K, Altcoins Dive


  Bitcoin price struggled to start a decent recovery wave above USD 42,500 and traded below USD 40,000. It is currently (04:08 UTC) trying to recover near USD 39,700 after testing almost USD 39,400. Similarly, most major altcoins are gaining bearish momentum. ETH traded below the key USD 3,000...

AUD/USD Focuses on China CPI at the Start of a Busy Week


The Asia-Pacific trading week begins with the Australian Dollar taking center stage. Eyes remain on China CPI figures, which will be published today at 1:30 GMT. AUD/USD hit a high in the previous week only to lose those gains in the coming times. Shanghai has entered into the third week of...

Vitalik Buterin Makes Low-key USD 5M ETH Donations in Support of Ukraine


  The Ethereum (ETH) co-founder Vitalik Buterin has made some USD 5 million worth of crypto donations – in ETH – with half going to the Ukrainian government and the remainder going to a charity that is providing humanitarian aid to Ukrainian citizens.... Read More: Vitalik Buterin Makes Low-key...

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