Initia, a chain backed by Binance Labs, has suffered two hacks in under three weeks, with a combined $3.3M lost. That total exceeds the chain's remaining total value locked, meaning the losses are larger than what is left on the protocol. Traders should watch for contagion risk to other Binance Labs-backed projects and for further outflows from Initia.
Bitcoin fell below $75,000 and Ethereum traded near $2,100 on November 9 as the crypto market extended losses.
crypto.news
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1D
A report says North Korea-linked hackers who stole $6.4B from Binance are laundering the funds through memecoins built on TRON, Solana..
Protos
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21H
Ripple has lost its top position in stablecoin market-cap growth as Ethena took the lead with $337.4 million added in just 24 hours.
U.Today
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PNC Bank is piloting a service that lets eligible corporate and institutional clients accept USDC payments on Ethereum, with each token..
Cointelegraph
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21H
Strategy, Michael Saylor's bitcoin treasury company, added 1,036 BTC for about $82 million, lifting its total holdings to 850,364 BTC.
The Block
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Ripple has contributed to a tokenization white paper commissioned by the Dubai Financial Services Authority, alongside BlackRock and..
U.Today
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