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Cryptocurrencies
SafeMoon hacker agrees to return 80% of stolen funds: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.This week in DeFi saw the hacker behind the $8.9…
Researchers find cryptocurrency ‘signatures of maturity’ similar to equities market
A pair of computer science researchers recently published pre-print research indicating that the nascent cryptocurrency market is beginning to show a level of maturity similar to the traditional equities market. Dubbed “Collective…
Tornado Cash dev Alex Pertsev set to be released from prison under surveillance
Tornado Cash developer Alex Pertsev is set to be released from jail after spending nearly nine months in prison. Pertsev was arrested in August last year by Dutch authorities on suspicion of being involved in money laundering through the…
ETH staking passes withdrawals for the first time after Shapella upgrade
Ethereum blockchain underwent a successful Shapella upgrade on April 12, making way for validators to withdraw their staked Ether (ETH) from the Beacon chain after three years. After seeing over a million ETH in withdrawals in the first…
Total Arbitrum accounts surpass 5M after airdrop hype: Report
According to statistics compiled by user @Henrystats on Dune Analytics, the number of accounts, or wallet addresses, for Ethereum layer-2 scaling solution Arbitrum (ARB) surpassed 5 million on Apr. 17. Aside from individual addresses,…
Fight between crypto and governments “just getting started”, says ShapeShift CEO
Despite the unprecedented regulatory pressure that crypto has been facing recently in the United States, the fight between the American government and the crypto industry has just started, believes ShapeShift CEO Erik Voorhees. According…
When levees break, liquidity flows — Analyzing Ethereum Shapella and liquidity staking derivatives
The Ethereum network’s planned Shanghai hard fork is nearly here. Planned for April 12, this is the first major upgrade since The Merge in September 2022. The “Shapella” upgrade (a combination of the two major proposals Shanghai and…
Euler Finance opens redemptions after hacker returns funds
On April 12, Ethereum-based noncustodial lending protocol Euler Finance announced that it would open redemptions after hackers returned the vast majority of assets stolen in a $197 million flash loan exploit last month. Euler says it…
Tether blacklists validator address that drained MEV bots for $25M
Tether, the issuer behind the leading stablecoin Tether (USDT), has blacklisted an address that drained Maximal Extractable Value (MEV) bots for $25 million last week. The address in question exploited a bug in the MEV-boost relay to…
Etherscan hides zero-value token transfers to deter address-poisoning attacks
According to an April 10 post from Etherscan, the blockchain explorer has disabled the display of zero-value token transfers on its website by default. From now on, users must manually switch on the display from the website’s setting…
