Eigen Labs acquires Rio Restaking, opens LRT code
The Eigen Foundation is acquiring Rio Network’s intellectual rights and will open-source its liquid restaking token as a reference implementation in the EigenLayer ecosystem.
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Celsius moves $781M in stETH just as Lido withdrawals open
The bankrupt crypto lender has been moving its massive stash of staked Ethereum. 938 Total views 8 Total shares It appears that embattled crypto lender Celsius is wasting no time in shifting its Ethereum staking tokens from liquid staking platform Lido, which has just enabled withdrawals.On May 15, a transaction was identified on Celsius wallets…

White hat hackers have returned $32.6M worth of tokens to Nomad bridge
The cross-chain bridge was drained of its assets in less than three hours. 510 Total views 17 Total shares Mere hours after the Nomad token bridge published an Ethereum wallet address last week for the return of funds following a $190 million hack, whitehat hackers have since returned approximately $32.6 million worth of funds. The…

Crypto PAC’s final media buys before US Election Day go to Wisconsin
The Fairshake PAC reported to the FEC spending more than $760,000 on a media buy supporting Wisconsin Representative Bryan Steil, running for reelection in 2024.

European Central Bank: ‘No Plans’ for Digital Currency, Cash Demand Growing
The European Central Bank (ECB) has “no plans” to issue its own digital currency, President Mario Draghi told the European Parliament Wednesday, September 12.Addressing a query by MEP Jonás Fernández, Draghi said “substantial development” was still needed in the underlying technology behind cryptocurrencies before the Central Bank would consider using them.“The ECB and the Eurosystem…

Cream Finance to repay stolen Ether and Amp via protocol fees
Cream Finance has identified the AMP integration error that caused a nearly $19 million loss for the protocol and aims to pay users back. 504 Total views 18 Total shares Decentralized finance (DeFi) protocol Cream Finance will pay back its users following a $18.8 million flash loan hack that occurred on Aug. 30.Cream has published…

Pomp’s Morgan Creek Raises $61M For Blockchain Fund, Targets $250M
Anthony Pompliano’s Morgan Creek Capital Management firm established a blockchain fund to explore opportunities using distributed ledgers.On Oct. 18, the cryptocurrency asset management firm Morgan Creek submitted a filling for its second blockchain fund to the United States Securities and Exchange Commission (SEC) and has so far raised nearly $61 million from 11 investors.The filing…

BlackRock’s Bitcoin ETF daily inflow on halt for 4 days
While some crypto observers are concerned about IBIT’s inflow halt, others say it’s more normal than the 71-day inflow streak it has recorded.

Turkish crypto exchange halts trading amid reports of police raid
Thodex has gone silent since announcing a halt in trading and withdrawals. 2478 Total views 17 Total shares Major Turkish cryptocurrency exchange Thodex has abruptly halted trading and withdrawals amid reports of police raids, Cointelegraph Turkey reported on Thursday.Thodex posted an official announcement on Twitter on Thursday, informing users that it has halted transactions for a…