Fake Ethena Labs Token Faces $290k BNB Exploit
A fake Ethena Labs token recently faced an exploit for 480 BNB tokens worth $290,000 on the Binance farming launch pool. The exploit’s underlying vulnerability remains undisclosed. PeckShield, an on-chain security firm, issued an X post detailing the incident at 8:31 am UTC on March 29. A few hours before the exploit, on March 29, Ethena […]
Fidelity Files S-1 Application With US SEC for Spot Ether ETF
On March 27, Fidelity submitted an S-1 application to the US Securities and Exchange Commission (SEC) to establish a spot Ether exchange-traded fund (ETF). The Cboe BZX Exchange would facilitate trading of the asset management behemoth’s ETF. Affiliated with sponsor FD Funds Management, Fidelity Digital Asset Services would be responsible for the custodianship of the […]
21Shares Introduces Toncoin Staking ETP on SIX Exchange
Exchange-traded products (ETPs), issuer 21Shares, is debuting Toncoin staking ETP under the ticker symbol TONN on the SIX Exchange. While reinvesting staking yields into the ETP for enhanced performance, the new Toncoin Staking ETP is a 100% physically backed product that monitors the performance of TON. The product will begin trading under the ticker TONN […]
ICP Community Pledge $80M to Aid Project Decentralization
Internet Computer (ICP) community members pledged Internet Computer tokens worth nearly $80 million to aid in decentralizing protocols within the ecosystem last year. The March 25, 2023, report of the DFINITY Foundation, a contributor to the Internet Computer network, detailed the community’s allocation of over 6.5 million ICP tokens towards decentralization initiatives. The Internet Computer’s […]
Munchables Hacker Returns Stolen Funds Without Ransom
Following the Ether exploit on Munchables, the developer hacker, who stole $62.8 million worth of Ether , has decided to return the funds without demanding a ransom after eight hours. At approximately 9:30 pm UTC on March 26, Munchables, an Ethereum-based nonfungible token (NFT) game, disclosed a breach that compromised the GameFi application, resulting in […]