Berlin authorities have refused to meet an alleged 30 Bitcoin ransom demand after a cyberattack hit two state agencies, while officials have yet to confirm the amount of data claimed …
Andrew Grant
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Tectonic’s assets plunged from about $121 million to $3 million after an exploit targeted its thinly traded TONIC token. Cronos halted its blockchain on Sunday after an exploit hit …
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Cronos halted block production on Aug. 30 after detecting an exploit involving Tectonic, a decentralized lending protocol operating on the blockchain. Summary Cronos validators halted block production after Tectonic disclosed …
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Crypto
BitGo Buys NYDIG’s Institutional Trading Arm for $7M Cash and $35.5M in Stock
by Andrew Grantby Andrew Grant“Institutions increasingly want to work with a trusted partner that can support the full lifecycle of digital assets,” said BitGo’s CEO. Crypto company BitGo has officially acquired NYDIG’s Bitcoin-focused …
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Ripple has hired London Metal Exchange treasury executive Joseph Thompson for its trading and markets team, according to an Aug. 28 report. Summary Ripple appointed Joseph Thompson to the trading …
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Crypto
DeFi Sector Jumps 38% as US Policy Shift Unlocks Token Value Capture
by Andrew Grantby Andrew GrantDeFi’s latest rally reflects growing expectations that protocol economics could matter more in token valuations. DeFi tokens have climbed nearly 38% since August 17 as investors reassess how US …
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Ripple pledged $300,000 on Aug. 29 to support emergency relief following catastrophic floods across Nepal and China’s Tibet region. Summary Ripple pledged $300,000 to World Central Kitchen and Mercy Corps …
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Active crypto insurance coverage dropped from $163.2 million to $130.2 million, even as security exploits became increasingly frequent. Crypto platforms have lost more than $3.63 billion to security incidents …
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Cumulative stablecoin card spending has surpassed $10.9 billion, according to Paymentscan data cited by payment provider RedotPay on Aug. 25. Summary Paymentscan data cited by RedotPay placed cumulative stablecoin card …
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Crypto
Ripple (XRP) ETFs Smash 2026 Inflow Record as Total Flows Hit New ATH
by Andrew Grantby Andrew GrantDespite the record-setting inflows, XRP’s price was rejected after last week’s surge to $1.70. The winds of change continue to impact how investors view the spot XRP ETFs, with …