Crypto security company Blockaid has completed a $50 million Series B financing round, led by Ribbit Capital, with participation from GV (formerly Google Ventures), Variant and Cyberstarts. This round of financing will be used to expand the team and respond to the growing cybercrime risks in the crypto industry. — link : Wu Blockchain News
Bloomberg.com
Ribbit Leads $50 Million Investment in Crypto Security Platform
Crypto security firm Blockaid has secured fresh funding as the platform gears up to tackle rising cyber-crime risks in the digital-asset space.
Coinbase Staking secrecy sparks concern.
Coinbase, the largest custodian of staked ETH, is facing scrutiny for withholding information about its staked ETH holdings, raising questions about transparency in the growing market. - 𝕏/@hildobby_ : Leviathan News
Coinbase, the largest custodian of staked ETH, is facing scrutiny for withholding information about its staked ETH holdings, raising questions about transparency in the growing market. - 𝕏/@hildobby_ : Leviathan News
🚨 🚨 🚨 🚨 🚨 100,002,455 #USDC (100,022,456 USD) transferred from Coinbase Institutional to unknown wallet
Details : Whale Alert
Details : Whale Alert
whale-alert.io
Transaction | Whale Alert
Monitor crypto market trends and large transactions with Whale Alert. Set personalized alerts, view live price updates and analyze crypto data through powerful visualizations. Trusted by blockchain enthusiasts to make informed decisions.
Google is diving deeper into the Bitcoin ecosystem, aiming to lower barriers to entry for Web2 users by improving wallets, addressing trust concerns, and exploring easier Bitcoin transactions via Google accounts. - crypto.ro : Leviathan News
Abstract developer 0xBeans tweeted that some Abstract users were suspected of being attacked, but the problem was limited to a specific application, possibly Cardex, not the entire Abstract Global Wallet network. Users are reminded not to interact with the Cardex application for the time being. The specific cause is being investigated and will be updated. — link : Wu Blockchain News
X (formerly Twitter)
0xBeans (@0xbeans) on X
We are aware of some Abstract users being compromised and want to assure everyone it is not a network wide Abstract Global Wallet (AGW) issue.
This issue seems to be isolated to an app (seems to be Cardex, please do not interact for the time being), we are…
This issue seems to be isolated to an app (seems to be Cardex, please do not interact for the time being), we are…
🚨 🚨 350,000,000 #CRO (30,072,453 USD) transferred from unknown wallet to #CryptoCom
Details : Whale Alert
Details : Whale Alert
whale-alert.io
Transaction | Whale Alert
Monitor crypto market trends and large transactions with Whale Alert. Set personalized alerts, view live price updates and analyze crypto data through powerful visualizations. Trusted by blockchain enthusiasts to make informed decisions.
FTX creditor Sunil said that FTX started paying small claims to creditors today, involving accounts with claims of less than $50,000. The total amount of this round of repayments is $1.2 billion, and about $800 million has been paid so far, covering about 162,000 accounts, accounting for 35% of the estimated 460,000 eligible claim accounts. Among them, 50% of the money is paid to the original holders and the other 50% is paid to the debt acquirer. — link : Wu Blockchain News
Tether co-founder is working on yield-bearing stablecoin rival: BBG : unfolded. DeFi
Frax Finance's frxUSD goes crosschain thanks to partnership with LayerZero bringing near-instant transfers and 1:1 rates on many new chains - 𝕏/@fraxfinance : Leviathan News
Curve Finance founder raises funds at $50 million token valuation for new project Yield Basis — link | tl;dr : unfolded. DeFi
The Block
Curve Finance founder raises funds at $50 million token valuation for new project Yield Basis
Yield Basis aims to initially help tokenized bitcoin and ether holders earn yield from market making by mitigating impermanent loss.
According to Bloomberg, Tether co-founder Reeve Collins is supporting a new stablecoin project that will be launched on the Ethereum and Solana later this year. It will mint stablecoins through smart contracts, and asset support includes RWAs. It will distribute profits to participants and launch governance tokens. — link : Wu Blockchain News
Bloomberg.com
Tether Co-Founder Is Working on Yield-Bearing Stablecoin Rival
One of the original founders of Tether is backing a new stablecoin project — one that will compete with the world’s most traded cryptocurrency.
Yield Basis, a new project from Curve founder Michael Egorov, secures $5M to tackle impermanent loss for tokenized Bitcoin and Ether. - The Block : Leviathan News
Tether Holdings has proposed to acquire a majority stake in South American agricultural and energy company Adecoagro SA for approximately $385 million. It is the largest milk producer in Argentina, grows approximately 193,000 hectares of sugarcane in Brazil, and grows approximately 230,000 hectares of soybeans, corn, wheat and other crops in Argentina and Uruguay. — link : Wu Blockchain News
Bloomberg.com
Farming Company Adecoagro Says Tether Submits Bid to Buy Majority Stake
Adecoagro SA said stablecoin issuer Tether Holdings SA de CV has submitted a proposal to acquire a majority stake in the South American agricultural and energy production firm, in a transaction valued at around $385 million.
A trusted voice in crypto and DeFi, Leviathan_News joins Stable Summit as our Media Partner! - 𝕏/@stable_summit : Leviathan News