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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitstamp is working on its new plan to go global. In June, the company started working with Galaxy Digital Holdings to seek funding. According to Bloomberg, the crypto exchange plans to use the funding proceeds to become
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Bitstamp, one of the world’s longest-running cryptocurrency exchanges, is moving forward with its global expansion ambitions, reportedly working to raise new funds to scale operations.Crypto exchange Bitstamp started the fundraising process in late June, with Michael Novogratz’s Galaxy Digital Holdings acting as an adviser, Bloomberg reported on Aug. 7.The firm
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“Bitstamp is not for sale, and we are not actively looking to sell the company,” Jean-Baptiste Graftieaux, its CEO, said in a statement to Bloomberg. “Our current and exclusive priority is to raise money through strategic investors to accelerate Bitstamp’s growth by providing new products and services to retail and
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Weekly cryptocurrency asset flows for the week ending Aug. 4 reconciled at $107 million in outflows, continuing a three-week negative trend totaling $134.8 million.Once again, the lion’s share of movement was attributed to Bitcoin (BTC). With $111 million in outflows, Bitcoin funds negated the majority of inflows for the week.
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Decentralized finance (DeFi) app Steadefi was exploited for at least $334,000 on Aug. 7 in an ongoing attack. The app's development team has said in a social media post that the attack currently "puts all funds at risk." The app's total value locked (TVL) has plummeted as a result of the
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Over the past week, all $22 million in ether (ETH) and ether derivatives stolen from lending protocol AlchemixFi were returned. A trading bot returned 90% in ether stolen from JPEGd, ethical hacker “c0ffeebabe.eth” returned over $6 million from synthetic protocol Metronome and a Curve trading pool, while another ethical hacker
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Lending platform Alchemix has announced the return of all stolen funds by the Curve finance hacker. The attack took place on July 30 and resulted in over $61 million in cryptocurrencies drained, including $13.6 million from Alchemix’s alETH-ETH pool. Along with Alchemix, JPEGd’s pETH-ETH pool saw outflows of $11.4 million, and
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The classic buy and hold, or HODL approach to Bitcoin (BTC) outperformed the majority of crypto funds by 68.8% in the first half (H1) of 2023. According to data from Switzerland-based investment adviser 21e6 Capital AG, on average, crypto funds generated returns of 15.2% in the first half of 2023
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Following the recent Curve Finance exploit, the perpetrator has made a surprising move by returning a significant portion of the stolen assets to the protocol. Reports indicate that the exploiter has sent around $12.7 million worth
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The original attacker for the $61 million Curve, Metronome, and Alchemix exploit began returning funds that were drained in the attack. The Alchemix Finance developer wallet received approximately 4,821 Ether ($8,891,578) in a series of three transactions from the attacker.Curve Finance was exploited via a reentrancy bug on July 30.
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