Atomic Wallet Developer Launches $1M Vulnerability Bug Bounty
According to an announcement made on December 18, the developer of Atomic Wallet has initiated a bug bounty of $1 million to discover security vulnerabilities in its software wallet. The launch coincides with a class action litigation currently ongoing against the developer in connection with a $100 million hack in June. As per the announcement, […]
Court Rejects Do Kwon Approval for Extradition
Do Kwon, co-founder of Terraform Labs, has had his extradition status to the United States or South Korea rejected by a court in Montenegro. The official announcement on December 19 states that the Appellate Court of Montenegro vacated the High Court of Podgorica’s ruling on December 14 that had authorized Kwon’s extradition to the United […]
Foresight Ventures Launches 3rd Cohort of $10M Blockchain, Web3 Accelerator
Foresight Ventures, a venture capital firm based in Singapore, has launched the third part of its $10 million accelerator for blockchain and Web3 companies as part of a $30 million pledge for incubating Web3 startups. The third $10 million cohort, according to an announcement made on December 19, will be invested in companies that specialize […]
7RCC Files for Eco-friendly Spot Bitcoin ETF with SEC
7RCC, an organization specializing in developing solutions for ESG-conscious investors, has applied for a carbon-neutral spot Bitcoin exchange-traded fund (ETF) in cryptocurrency with the US SEC. Per the application submitted to the Securities and Exchange Commission (SEC) of the United States, the ETF will prioritize serving investors committed to environmental, social, and governance (ESG) values. […]
ARK Invest Sells 800K GBTC Shares For $28M
ARK Invest, a spot Bitcoin exchange-traded fund (ETF) contender in the United States, has sold another substantial quantity of Grayscale Bitcoin Trust (GBTC) shares, further depleting its cryptocurrency holdings. Cointelegraph has obtained trade notification that ARK Next Generation Internet ETF (ARKW) sold 809,441 GBTC on December 18. According to data provided by TradingView, the valuation […]