Crypto News Roundup for Nov. 4, 2021

After a staggering crypto rally, primarily led by Bitcoin, it is fair to say that the approval of spot bitcoin U.S. ETFs in January approval was a game-changer. Since January 10, crypto’s total market cap has surged from $1.5 trillion to $2.4 trillion, a 60% increase. Nonetheless, crypto remains a nascent and niche asset class

news On Oct. 30, 2019, the bitcoin blockchain reached $1 billion in cumulative transaction fees. “This milestone is a really cool milestone just because it shows how much people value block space,” said Bryan Aulds, founder of bitcoin wallet Billfodl. “And that it’s something people don’t mind paying for, which I think is really important…

Decentralized finance (DeFi) lender bZx suffered a hack of reportedly $55 million, according to a tweet on Friday by the blockchain security firm SlowMist.“#bZx private key compromised, over $55 million dollars stolen so far. We’ll continue to update as more information is discovered,” SlowMist tweeted.bZx responded in a tweet that a private key controlling the…

Tokens of ether (ETH) liquid staking platforms as well as Coinbase shares surged Thursday on hope asset management giant BlackRock (BLK) may soon file to offer a spot ether exchange-traded fund (ETF).The iShares Ethereum Trust was registered by BlackRock Advisors as a corporate entity in Delaware. News of the filing Thursday morning sent ether soaring

Ondo Finance, a tokenized real-world asset (RWA) platform, has integrated its tokenized U.S. treasury-backed product (USDY) onto Layer-1 Aptos.Aptos, which was founded by ex-Meta employees Mo Shaikh and Avery Ching, is the latest network to offer Ondo’s USDY. The U.S. dollar yield token is also available on Ethereum, Solana and Mantle.USDY is a token secured

Like any good Bitcoin maximalist, Tether is holding its own coins. The issuer of the largest stablecoin, USDT, disclosed that information in a recent blog post announcing it will be “regularly” buying bitcoin with its surplus profits to build up a war chest. This follows a surprisingly robust attestation (aka an “Assurance Report” completed by…

LayerZero's ZRO token airdrop requires recipients to donate 10 cents worth of ether (ETH) or a stablecoin for each token they wish to claim.This "proof-of-donation" mechanism is a unique approach in the crypto community, where donations are usually voluntary, and has received mixed reactions from users.LayerZero’s newly introduced ZRO token, which will go live on

Pseudonymous crypto sleuth Ogle has witnessed plenty of failures while investigating DeFi hacks. He's part of a cottage industry of security experts who clean up the mess from attackers targeting crypto-finance projects almost daily. His specialty: tracking them down and getting the projects' money back.Stopping these heists depends on good smart contract code and savvy

A single post by @TheRoaringKitty, the X profile of retail trader Keith Gill, led to rallies in meme coins and GameStop stock (NYSE: GME). Users interpreted the post as a sign to focus on certain stocks.Gill’s cult following contributed to the GameStop short squeeze of January 2021. GME rose over 44% in GME pre-market trading