The filing challenges a New York restraining notice that froze ETH on Arbitrum after the rsETH exploit, with Aave arguing the funds …
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Lender
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DeFi
Aave records $6 billion TVL drop as Kelp hack exposes structural risk at DeFi lender
by shayaanby shayaanAave just watched $6.6 billion walk out the door, and it’s not because anyone hacked Aave. The protocol’s total value locked dropped …
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Smart Contracts
Publicly Traded Blockchain Lender Figure Confirms Customer Data Breach
by shayaanby shayaanIn short Figure confirmed a data breach and said an employee was tricked in a social engineering attack. According to a report, …
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Regulation
Bank Insider Accused of Stealing $50,997 From Billion-Dollar Lender, Taking Cash Directly From Drive-Through Drawer
by shayaanby shayaanA US bank employee has allegedly stolen a pile of cash from the lender, triggering tens of thousands of dollars in losses. …
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Bank of Communications (BoCom), one of China’s largest banks, has issued a $300 million digital bond in Hong Kong, becoming among the …
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Adoption
Morgan Stanley CEO says lender is exploring path to offer crypto in the US
by shayaanby shayaanMorgan Stanley CEO Ted Pick said the lender is exploring how it can offer crypto services in the US and intends to …
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Adoption
Swiss state-owned lender PostFinance deepens crypto push with Ethereum staking debut
by shayaanby shayaanSwitzerland’s state-owned financial giant, PostFinance AG, has launched an Ethereum (ETH) staking service — allowing users to earn rewards while strengthening blockchain …
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Scams
Crypto Lender Polter Finance Shuts Down After Hack Drains Nearly All Funds
by shayaanby shayaanDecentralized lending platform Polter Finance suffered a devastating exploit on the Fantom blockchain, essentially wiping out most of its assets. The breach, …
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