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Smart contract auditor CertiK claims to have blocked $160,000 from Merlin, a zk-Sync-based decentralized exchange (DEX) which has been the center of a rogue insider "rugpull" that lost users $1.8 million last week.CertiK shared the news of its successful $160,000 freeze of the stolen funds in an update to its
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Despite the Federal Reserve’s decision to raise interest rates, the crypto market remains resilient, showing signs of decoupling from traditional financial markets. The Federal Reserve announced a 25 basis points hike on May 3 in response to
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Investors in the round included Anthony Sassano (author of Ethereum-focused Substack Daily Gwei), Patricio Worthalter (founder of “proof of attendance” protocol POAP), Surojit Chatterjee (former chief product officer of crypto exchange Coinbase), Joe Lallouz and Aaron Henshaw (founders of blockchain infrastructure provider Bison Trails), Solana co-founders Anatoly Yakovenko and Raj
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The lawyers and consulting firms assisting cryptocurrency exchange FTX through its bankruptcy proceedings are set to cash in a total of $103 million over the first quarter.March saw five firms — Sullivan & Cromwell, Alvarez & Marshal, AlixPartners, Quinn Emmanuel Urquhart & Sullivan and Landis Rath & Cobb — bill
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The fundraise was led by C Squared Ventures and Goat Capital, the firm co-founded by Twitch founder Justin Kan. Source
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"Events of the last six months have put a damper on entities wanting to bank this space [crypto]," said another panelist, Richard Booth, chief compliance officer of Fortress Trust Company. "But it's legal business and I think that every business in this country is entitled to access to banking rails."
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The CFTC claimed that the firm had proprietary software that was expected to recognize significant trading gains for investors who contributed to the Bitcoin pool, but in reality, there was no such “bot” in use. The head of a South African firm has been slapped with a massive fine of $3.4
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The former chief technology officer (CTO) and chief information security officer (CISO) from venture capital firm Andreessen Horowitz (a16z) are starting an institution-focused cryptocurrency custody firm, according to a person familiar with the plans. Source
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FTX got the nod earlier this year to sell some of its business units. The FTX exchange has now reached an agreement to sell its crypto derivatives platform LedgerX in a deal worth about $50 million. According to a Reuters report, FTX has agreed sale terms with an affiliate of Miami
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