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HashKey raises $250M for new crypto fund on strong investor demand
The fund targets infrastructure and scalable blockchain use cases, with a focus on emerging markets. Market makers have reduced activity since the Oct. 10 crash, while ETF flows signal lower institutional participation. The raise follows HashKey’s $206 million IPO on the Hong Kong stock exchange. Institutional capital is taking a longer view of crypto markets…
How a governance failure led to the Unleash Protocol hack
An unauthorised contract upgrade enabled direct withdrawals from the protocol. Funds were bridged to Ethereum and laundered through Tornado Cash. Assets affected included WIP, USDC, WETH, stIP, and vIP. A governance failure at Unleash Protocol has resulted in a major security breach, with attackers draining around $3.9 million in user funds. The incident was first…
Silent wallet drains raise fresh crypto security concerns across EVM networks
More than $107,000 in total losses have already been identified through on-chain analysis. No specific wallet provider or exploit vector has yet been confirmed by investigators. Attackers are siphoning small amounts under $2,000 per wallet, delaying detection and spreading risk widely. A new on-chain alert has drawn attention to a discreet but wide-reaching crypto theft…
Former NYC mayor backed token tumbles on Solana amid liquidity fears
Some crypto community members accused the project team of removing liquidity, sparking rug pull fears. Rune flagged data suggesting $3.4 million was drained from the token’s liquidity pool. Bubblemaps showed $2.5 million in USDC removed near the peak, with $900,000 not returned after partial additions. Former New York City Mayor Eric Adams has launched a…
LSEG launches Digital Settlement House to enable 24/7 blockchain-based settlement
London Stock Exchange has launched Digital Settlement House. DiSH is a platform for post-trade settlement with 24/7 tokenized commercial bank deposits. LSE has welcomed multiple crypto ETPs, the latest a Bitcoin and Gold ETP by 21Shares. London Stock Exchange Group has announced the launch of its digital settlement hub, a blockchain platform designed to offer…
DeadLock ransomware abuses Polygon blockchain to rotate proxy servers quietly
Group-IB published its report on Jan. 15 and said the method could make disruption harder for defenders. The malware reads on-chain data, so victims do not pay gas fees. Researchers said Polygon is not vulnerable, but the tactic could spread. Ransomware groups usually rely on command-and-control servers to manage communications after breaking into a system.…
Binance launches USD1 rewards programme with WLFI token airdrops
Binance launched a USD1 rewards campaign, distributing $40m in WLFI tokens through weekly airdrops. WLFI payouts are based on users’ net USD1 balances, with higher rewards for USD1 used as collateral. USD1’s market cap has surpassed $3 billion, while WLFI activity has increased across DeFi and payroll uses. Binance has rolled out a new rewards…
Benefits and Risks of AI in Healthcare Systems
Artificial intelligence has introduced large-scale changes in the domain of healthcare within the last few years. You can notice use cases of artificial...
How to Start Investing in Digital Assets
The definition of investment has gone through a significant makeover following the introduction of digital assets. You can capitalize on diverse types of...
A Complete Roadmap to Become a Crypto Auditor
The digital asset landscape is growing bigger with real-world assets or RWA tokens gaining a lot of traction. However, it is impossible to...