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Orion Protocol Loses $3M of Crypto in Trading Pool Exploit
Orion was the victim of a reentrancy attack (in which an attacker repeatedly withdraws funds from a smart contract), PeckShield said in a Twitter message. Gal Sagie, CEO of cybersecurity company Hypernative, said the attacker deployed a…
Coinbase Shares Soar as Crypto-Related Stocks Continue Post-Fed Rally
Barclays analyst said Coinbase volumes rose 56% in January from the previous month.
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Amazon Web Services Hiring to Pump Its Web3 Clientele
AWS has created purpose-built tools for blockchain companies who want to run either "centralized ledger database that maintains an immutable and cryptographically verifiable record of transactions, or a multi-party, fully managed…
Alameda Research Wallet Receives $6M From Bitfinex Hot Wallet
An Ethereum wallet that belongs to bankrupt trading firm Alameda Research quietly received $6 million from Bitfinex's hot wallet overnight, according to Nansen data.
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Blockchain Analytics Firm Chainalysis to Cut Jobs in Reorganization
"As a part of this reorg, some folks will have new roles, responsibilities, and reporting lines," a Chainalysis spokesperson told CoinDesk in an emailed statement. "Unfortunately we will also part ways with some incredibly talented…
Berkshire Hathaway’s Charlie Munger Calls for Crypto Ban in the US
"Instead, it’s a gambling contract with a nearly 100% edge for the house, entered into in a country where gambling contracts are traditionally regulated only by states that compete in laxity," Munger wrote. "The U.S. should now enact a…
Stargate to Reissue STG Tokens Following Alameda Wallet Hack
Alameda purchased 10% of the total STG supply from a Stargate Community sale in March 2022. Alameda promised to lock up the tokens until March 2025 but became embroiled in controversy for illegally borrowing user funds from its sister…
Crypto Miner Pow.re Raises $9.2M Series A at $150M Valuation
The Series A valued the company at $150 million, and was led crypto asset management platform Haru Invest, with support from digital assets trading company Trinito as well as RFD Capital. The $18 million strategic investment came via…
Crypto Long & Short: Bitcoin’s Hedge Potential
To state the obvious, 2022 was a challenging year for cryptocurrencies. However, in 2023 major structural benefits – such as traditional finance (TradFi) companies still entering the space – are emerging that may support digital assets…
Crypto Custody Firm Copper Alerted to Security ‘Incident’ Over Christmas
“The subsequent investigation determined that Copper hadn’t suffered any breach or business interruption and that no client information had been compromised,” Copper said in a statement. “The incident was not of a nature that required…