Whitehats Rescue $5.7M in NFTs From Magic Eden Approval Exploit
Magic Eden warns that legacy Payment Processor V2 approvals exposed user assets after an NFT exploit. A white-hat operation rescued NFTs worth over $5.7 million.
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Articles by Nikolas Sargeant
Editor-in-Chief · Joined 2021
Covers Crypto Business, Crypto Regulation and Altcoins.
Nik is a content and public relations specialist with an ever-growing interest in Crypto. He has been published on several leading Crypto and blockchain based news sites. He is currently based in Spain, but hails from the Pacific Northwest in the US.
Solana Gets Its First High-Yield Corporate Bond Fund, Run by New York Life
On Wednesday, the Solana team announced via X that Centrifuge has launched $HYB on the Solana blockchain.
Fed Proposes Rule Forcing Stablecoins to Hold Fully Liquid Reserves
The Federal Reserve proposes liquid reserve backing, standardized capital rules, and a bank application process for stablecoin issuers under the GENIUS Act.
Bitget Lets Institutions Trade While Keeping Collateral at a Swiss Bank
Bitget joins Sygnum Protect for off-exchange institutional custody as the Haruko breach and TRM Labs data spotlight crypto infrastructure risks.
FTX Estate Moves $75M in ETH to Market Maker Wintermute
FTX- and Alameda-labeled wallets transfer up to 27,373 ETH worth $75 million to Wintermute, but onchain data does not confirm a sale.
Hut 8 Wins $140M Bid for Bankrupt Poolin's Texas Data Centers
Hut 8 wins a $140 million bid for Poolin’s Pyote and Tarbush data centers in Texas as it expands deeper into AI infrastructure.
Sonic Mainnet Upgrade Bundles Transactions, Expands Fee Sharing for Developers
On Tuesday, Sonic Labs (formerly Fantom Foundation) announced via X that Sonic mainnet V2.2 is now live.
Infosys Brings 1.7 Billion Bank Accounts Onto Chainlink
Chainlink announced on Tuesday via X that InfoSys, the $40B+ global IT leader, is entering a strategic partnership with Chainlink to accelerate institutional onchain finance.
CME to Launch Bitcoin Cash and Uniswap Futures on October 19
CME Group plans to launch standard and Micro Bitcoin Cash and Uniswap futures on October 19 as its regulated crypto derivatives lineup expands.
PancakeSwap Burns $1.56M in CAKE Tokens, Down 32% Weekly
On Tuesday, the PancakeSwap team told its community via X that it had a deflation of 620k CAKE ($1.56M), down 32% from the previous week.
Bitmine Nears 5% of All Ethereum With $16.3B in Holdings
Bitmine added 27,562 ETH, lifting its holdings to nearly 6 million tokens, with more than 5 million ETH staked as it approaches its 5% supply goal.
Bitcoin Reclaims $85,000 as ETF Inflows Hit $433M
Bitcoin reclaimed $85,000 on Monday as spot ETF inflows reached $433 million on Friday and a bullish MACD crossover put $90,000 in focus.