Fantom Foundation Hit By Exploit and Loses $7M
An employee of the company lost at least $7 million in cryptocurrency due to an exploit today.
Investment In Crypto Products Rise for Second Consecutive Week
The most recent report from CoinShares reveals that digital asset investment products experienced a significant rise in inflows last week, reaching the highest levels since July 2023.
Investments in Solana-based Products Enjoy Largest Weekly Inflows Since March Last Year
CoinShares, Grayscale, 21Shares, Bitwise, and ProShares experienced inflows for the second week in a row, the highest since July, with a total of $78 million added to these funds.
Israel’s Police Blocks Hamas-Linked Crypto Accounts
According to a statement released by Israeli police, authorities have frozen cryptocurrency accounts associated with Palestinian militant group Hamas following a recent series of attacks on Israel.
US Accuses Chinese Companies of Using Crypto to Sell Drugs
The US Department of Justice has initiated criminal investigations against eight Chinese companies and fourteen employees engaged in drug trafficking using digital currencies.
Ledger Enters into Collaboration with Sotheby’s
Leading manufacturer of crypto hardware wallets Ledger has entered into an “exclusive” collaboration with the well-established auction house Sotheby’s.
Hong Kong Will Disclose Crypto License Applicants
Officials from Hong Kong have announced that they will release a list of companies that have applied for the new retail crypto trading licenses.
