Eleven Israeli tourists were violently robbed on Santa Teresa de Cóbano beach in Puntarenas, Costa Rica, during a social event. The attack involved at least eight men arriving in two luxury vehicles, overpowering the group’s security guard, and stealing their belongings, including a significant amount of Bitcoin. The robbers, some suspected to have police training, …
Indian cryptocurrency exchange WazirX has announced plans to reset all user account balances to their state as of July 18, following a massive $230 million cyberattack. The Mumbai-based exchange paused trading after the incident. The attack, attributed to the North Korean Lazarus Group, compromised nearly half of WazirX’s reserves, marking India’s largest crypto heist. WazirX …
WazirX to Revert User Accounts to Pre-Hack Balances After $230 Million Theft Read More »
Pump.fun, a platform dedicated to launching memecoins, has introduced an incentive that rewards creators with 0.50 SOL (approximately $80) if their tokens successfully list on Raydium, a Solana-based decentralized exchange (DEX). This reward is given once the tokens complete their bonding curves, offering a new way for users to benefit from their creations. Free Token …
A federal judge has ordered Ripple to pay a civil penalty of $125,035,150 in its lawsuit with the U.S. Securities and Exchange Commission (SEC). The SEC originally sought a $2 billion remittance payment, while Ripple argued for a maximum penalty of $10 million. In the ruling, Ripple is also instructed to cease any further securities …
FTX and Alameda have agreed to repay $12.7 billion to creditors, per a court consent order that ends a 20-month lawsuit filed by the Commodities Futures Trading Commission (CFTC). This development marks a significant milestone in the FTX bankruptcy saga, which has seen billions of dollars in investor funds evaporate since the company filed for …
FTX and Alameda to Repay $12.7 Billion to Creditors Read More »
Robinhood surpassed Wall Street expectations for its second-quarter earnings, driven by a surge in interest in meme stocks and cryptocurrencies. This uptick in trading activity was partly due to the reemergence of meme-stock influencer Keith Gill, which reignited interest in stocks like GameStop. As a result, Robinhood saw a significant 69% increase in transaction-based revenue, …
The Brazil Securities and Exchange Commission (CVM) has given the green light for a Solana exchange-traded fund (ETF). This approval was listed in the CVM’s central database, as reported by local news outlet Exame. This Solana-based ETF is a first for Brazil and one of the pioneering Solana-based exchange-traded products (ETPs) worldwide. The initial Solana …
Brazil looks to become the first country with Solana ETF Read More »
Nexera, a blockchain infrastructure developer, experienced a significant hack on Wednesday, resulting in the loss of $1.5 million as exploiters commandeered a proxy contract and sold NXRA tokens. Exploit Details: Control and Chaos Blockchain security firm Cyvers reported suspicious transactions involving Nexera’s proxy contract. The exploiter managed to upgrade the proxy contract, effectively taking control …
Nexera Loses Millions in Proxy Contract Breach: What Happened Read More »
Starting today, Morgan Stanley’s wealth advisors can actively pitch two spot bitcoin exchange-traded funds (ETFs) to some of their clients, according to CNBC. The advisors will solicit investments into BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) from eligible clients. This marks a significant shift in the traditional finance industry’s approach …
Morgan Stanley’s 15000 Advisors Pitching Bitcoin ETFs Today Read More »
BlackRock recently filed a proposal for options trading and listing on its spot Ethereum (ETH) exchange-traded fund (ETF), iShares Ethereum Trust (ETHA). The proposal was submitted to the US Securities Exchange and Commission (SEC) on August 6 via the Nasdaq International Securities Exchange. According to the filing, the newly proposed iShares Ethereum Trust assets will …
Nasdaq Requests SEC Approval for Options Trading on BlackRock’s Spot Ethereum ETF Read More »
