Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  • BTC miner Core Scientific has said that company would be listing again on the Nasdaq after going through a thorough post-bankruptcy restructuring.
  • With the start of Radiant Capital’s $4.5 million debt recovery, investor confidence is growing. There is broad community support for repaying bad debt with DAO funds. Flash lending hack highlights ongoing vulnerabilities in DeFi security.
  • The Swiss company Taurus, which is sponsored by Deutsche Bank, has been given legal clearance to sell tokenized assets to individual customers. Along with institutional clients, retail users can now access tokenized securities through Taurus.
  • Through EigenLayer, the cryptocurrency liquid staking platform ClayStack has joined the Ethereum restaking market and is giving users reward points at a 1:1 ratio prior to the debut of its coin. ClayStack is converting csETH, into a liquid restaking token.
  • With the help of http://Crypto.Com Capital, Arcade2Earn has raised $4.8 million in a private token round. Additionally, Josh Poole of The Block revealed that the gaming platform will sell 15 million tokens in a public token auction on February 27.
  • Linekong Interactive suggested on January 21 to amend its previously permitted transaction to purchase up to $6M in Bitcoin and Ethereum in a regulatory filing with the Stock Exchange of Hong Kong.
  • The email marketing company MailerLite has verified that hackers were able to access the accounts of significant Web3 companies in order to conduct phishing email scams, which caused subscribers to lose an estimated $3.3 million.
  • Protocol for cross-chain bridges Socket has claimed that 2/3rds of the money taken from the protocol in a recent hack have been recouped. Socket thanked several on-chain analytics accounts for their assistance in getting the money back.
  • This year marks the beginning of a new phase for the central bank digital currency (CBDC), according to the Bank of International Settlements (BIS). The CBDC project, known as “Aurum,” according to BIS, would investigate “the privacy of payments in retail CBDCs.”
  • Since switching to a spot ETF earlier this month, GBTC has reported outflows totaling $3.4 billion, including an additional $515 million on January 23. There were inflows of $249 million into nine other recently approved spot Bitcoin ETFs.

 Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Leave a Reply