Jump Trading Group has reportedly distanced itself from Wormhole, a crypto project under its crypto investing arm, as part of its broader retreat from the unpredictable digital-assets market.
Malicious actors have capitalized on Ethereum’s ‘Create2’ function to elude wallet security alerts, resulting in the pilfering of $60 million from 99,000 individuals within six months, as revealed by Web3 anti-scam experts at ‘Scam Sniffer.’
Over $100 million in digital assets was illicitly transferred from Poloniex’s crypto wallet, prompting blockchain security firms to suspect a significant security breach.
The UK government has unveiled its comprehensive response to a consultation on crypto asset regulation. Informed by input from companies, experts, and market events, including the FTX incident, the final proposals were released on Monday.
Crypto lending company, BlockFi, has declared its successful emergence from bankruptcy, effective October 24. In the financial world, ’emergence’ refers to a company’s ability to successfully reorganize its finances to start repaying its creditors. BlockFi’s emergence signifies the start of the recovery process for customer assets held by third parties and the continuation of reconciling customer claims.
BlackRock has introduced its awaited spot bitcoin ETF, named iShares Bitcoin Trust, on the Depository Trust and Clearing Corporation’s list. This organization, as highlighted by Nasdaq, offers services including post-trade clearance, settlement, and information.