Crypto News

South Korea Establishes Virtual Assets Committee to Boost Crypto Regulations

This month, South Korea is launching the Virtual Assets Committee under the Financial Services Commission, aiming to expedite Bitcoin and Ethereum ETF approvals and corporate investments in virtual...

Ethereum Layer 2 Networks Total Locked Value Reaches $38.24 Billion

Ethereum Layer 2 networks have seen a significant increase in total locked value, rising by 5.83% to reach $38.24 billion. Leading networks include Arbitrum One and Base, with notable growth across...

BlackRock Updates Ethereum ETF Holdings Data: Over 433K ETH Worth $1.12B

On October 18, BlackRock released updated data showing its Ethereum ETF holdings have increased to approximately 433,254 ETH, valued at over $1.12 billion as of October 17. Discover key insights in...

Truflation Attacker Converts 1.37 Million DAI to 500 ETH in Major Incident

A recent report by Odaily reveals that the attacker behind the Truflation incident has converted 1.37 million DAI into about 500 ETH, with funds now transferred to eXch. This highlights the ongoing...

Fission Labs Raises $1.6 Million Pre-Seed Funding to Bridge DeFi and Traditional Finance

Fission Labs has secured $1.6 million in pre-seed funding led by SALT Fund and Kraynos Capital. The funds will be used to enhance DeFi applications on the blockchain, bringing traditional finance t...