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Source: Nulltx.com

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Circle Faces Lawsuit Over $230M USDC Movement After Drift Hack, Raising Industry-Wide Questions On Stablecoin Responsibility
Circle is now the centre of a major court wrangle from the time Drift Protocol was exploited for $280 million. The company is accused in a class action lawsuit of failing to stop stolen funds while it was being sent… Read full article
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Fake Token Pools Reveal NEAR DeFi Oracle Vulnerabilities; $7.6M Drained from Rhea Finance Exploit
A huge security breach has hit NEAR Protocol ecosystem after decentralized finance platform Rhea Finance exploited, causing losses of roughly $7.6 million.
Utilizing the information from blockchain security firm CertiK, The attacker was able to withdraw multiple assets from the… Read full article
2d ago
Nulltx.com
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Institutional Demand Continues To Rise For Regulated Exposure To BTC As Bitwise Core Bitcoin ETP (BTC1) Hits $100 Million AUM
Bitwise Asset Management hit a new milestone as the Bitwise Core Bitcoin ETP (BTC1) officially crosses over $100 million in assets under management (AUM), continuing its growth and expansion of investment products for digitally-native investors.
This is a proud accomplishment… Read full article
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Tether Comes To Save The Day With Unprecedented $127.5 Million Backstop For Drift Protocol Industry Shock
Exploits are (unfortunately) common in the crypto industry but every so often a response is rare. Except this time, it’s not Tether.
On the heels of April 1 exploit that impacted Drift Protocol, the stablecoin behemoth has come forward pledging… Read full article
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