Author: Yeek.io

Quick take: Crypto security firms PeckShield, CertiK and SlowMist were among the first to notice the attack, alerting the crypto community via the X platform. The attack reportedly involved the liquidation process in the integration of Abracadabra’s cauldrons on GMX V2’s GM pools. Crypto researcher Weilin (William) Li said on X that the attacker used a seven-step process to borrow and liquidate Abaracadabra’s ”Magic Internet Money” stablecoin. Abracadabra, the omnichain DeFi lending platform, has been exploited for $13 million. According to reports on Tuesday, the attacker targeted the platform’s smart contracts to steal 6,262 ETH from the liquidity pools. The…

What Is PENGU ETF?PENGU ETF is an exchange-traded fund (ETF) that holds both:PENGU tokens (linked to the Pudgy Penguins ecosystem)Pudgy Penguins NFTs (actual NFTs, not just tokens representing them)This is different from other NFT-related ETFs, which usually hold shares in companies tied to NFTs rather than the NFTs themselves. PENGU ETF is the first to put real NFTs inside a regulated fund.Who Is Behind the PENGU ETF?The company behind PENGU ETF is Canary Capital, a digital asset investment firm. They specialize in crypto and NFT financial products. Their goal? To bring Web3 assets into traditional finance (TradFi).If this ETF gets…

Ethereum’s weekly All Core Developer calls are a lot to keep up with, so this “Checkpoint” series aims for brief high-level updates with a target cadence of every 4-5 calls, depending on what’s happening in core development. See the initial update here. All subsequent updates will be hosted here on the Ethereum Foundation blog. The past month of calls have been focused on Pectra’s testnet upgrades in anticipation of the Pectra mainnet fork with development of the following fork, Fusaka, pushing forward in parallel. Pectra Both major testnets, Holešky and Sepolia, underwent the Pectra fork and both saw configuration issues…

Quick take: The company previously tried to go public via a SPAC merger in 2021, which was later abandoned. The company has now filed to sell shares to the public on Nasdaq. Goldman Sachs, Jefferies, UBS, and Citigroup are among the IPO underwriters. Etoro has finally filed for its much anticipated initial public offering to raise up to $400 million. According to the report on Tuesday, the IPO values the crypto trading platform at $4.5 billion. The company previously tried to go public via a SPAC merger in 2021, which was later abandoned, but has now filed to sell shares…

Autonomys Network has integrated with Talisman Wallet to simplify access to decentralized applications, asset management, and blockchain-based finance. The integration connects Autonomys’ blockchain ecosystem with Talisman, a self-custody wallet that supports more than 800 blockchain networks built on Ethereum Virtual Machine and Substrate. Autonomys Network is a blockchain platform focused on artificial intelligence applications. With this integration, users can now store and transact Autonomys’ upcoming native token, $AI3, directly through Talisman Wallet.  The integration also connects Talisman users with Autonomys’ Layer-1 blockchain, its test network Taurus, and its Auto Ethereum Virtual Machine environment, which allows developers to build applications that…

Popcat, a leading meme coin on the Solana network, extended its bullish momentum on Tuesday, reaching its highest level since March 3. The Popcat (POPCAT) token climbed to $0.2722, nearly doubling from its lowest point this year. Its market capitalization has surged to $254 million, making it the sixth-largest meme coin in the Solana ecosystem. Popcat’s surge has coincided with the ongoing recovery of other meme coins. Top Solana meme tokens like Fartcoin (FARTCOIN), Dogwifhat (WIF), Peanut the Squirrel, and cat in a dogs world have soared by over 20% in the last seven days.  Data from third-party sources shows…

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum is trading back above the key $2,000 level after spending several volatile weeks attempting to reclaim it. Since late February, ETH has dropped more than 38%, triggering widespread panic as the price broke below major support and briefly…

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Key Takeaways: eToro filed for an IPO to list its shares on Nasdaq, marking a major step in its growth. The company’s earnings surged due to increased crypto trading activity, but future performance remains uncertain. Regulatory challenges in the U.S. have shaped eToro’s operations, limiting its crypto offerings for American users. On March 24, eToro announced that it had submitted a registration statement on Form F-1 to the U.S. Securities and Exchange Commission (SEC) in preparation for an initial public offering (IPO) of its Class A common shares. The trading platform, founded in 2007, plans to list its shares on…

In what came as a win for the crypto space, the Federal Deposit Insurance Corporation (FDIC) has officially removed “reputational risk” as a factor in bank supervision.The decision follows the passage of the FIRM Act, championed by Senator Tim Scott, by the U.S. Senate Banking Committee. This act aims to eliminate reputational risk considerations across all federal banking regulators. NEWS: The @FDICgov is going to eliminate the use of reputational risk as a component of bank supervision. This follows the Committee’s passage of @SenatorTimScott’s FIRM Act, which would codify the elimination of reputational risk across all federal banking regulators.— U.S. Senate…