Tag: million

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DeFi

A $300 million borrowing spike on Aave signals liquidity crunch after exploit

The aftershocks of the Saturday's KelpDAO hack are spreading through stablecoin markets in ways that were not immediately obvious.Int he first 24 hours post...
DeFi

Here is how crypto community is reacting after massive $292 million hack

The $292 million exploit of Kelp DAO has set off a wave of reactions across the crypto industry, with developers and traders warning that...
Markets

One person holds the keys to $200 million of a project’s crypto. His co-founder says that has to end

For years, NEO's treasury was held in a setup that would be unusual for most financial institutions: hundreds of millions of dollars in crypto...
Bitcoin

Kelp DAO hit for $292 million exploit with wrapped ether stranded across 20 chains

A cross-chain bridge holding nearly a fifth of a restaked ether token's circulating supply just got drained, and the fallout is moving through DeFi...
Markets

The Whole Entire Universe: 21 Million, One Painting

There are 21 million bitcoin. That number is fixed, coded into the protocol, finite. It is one of the most consequential design...
Markets

Ethereum had a record 200 million transactions in Q1. Here’s what it means for ether (ETH)

Ethereum, the world's largest smart contract blockchain, just printed its busiest quarter ever, and the token's price hasn't budged.The network processed 200.4 million transactions...
Bitcoin

Russia-linked Grinex exchange halts operations after $13 million ‘state-backed’ hack

Grinex, a cryptocurrency exchange popular with sanctions-avoiding Russians, suspended operations after saying a cyber attack drained about 1 billion rubles ($13 million) from its...
Bitcoin

Kraken’s parent company Payward to acquire derivatives exchange Bitnomial for $550 million in cash and stock.

Crypto exchange Kraken's parent company has agreed to acquire digital asset derivatives platform Bitnomial for up to $550 million, in a cash-and-stock transaction that...
DeFi

Class Action Lawsuit Filed Against Circle Over Drift Protocol $280 Million Hack: Gibbs Mura Law Group

Law firm charges Circle Internet Financial with failing to freeze $230 million in stolen USDC after the April 1 Drift Protocol exploit, allegedly linked...
Ethereum

Drift gets $148 million rescue fund and Tether will replace Circle’s USDC for settlement after massive exploit

Drift Protocol, the victim of a recent North Korean exploit, plans to relaunch with Tether's USDT as its settlement layer after securing a proposed...
Markets

Bitcoin Scholars Fund Launches With $21 Million Goal To Bring Bitcoin Education To K–12 Schools

A new nonprofit initiative, the Bitcoin Scholars Fund (BSF), announced plans attempting to redirect $21 million from federal coffers into K–12 Bitcoin...
DeFi

Morgan Stanley uses 0.14% fee to draw $100 million in first week

Morgan Stanley’s (MS) spot bitcoin exchange-traded fund (ETF), trading under the ticker MSBT, has drawn more than $100 million in inflows within its first...
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