Loopscale
6 hours Crypto Highlights: Tether, Bitcoin, Solana, Coinbase, Hacks, DeFi – Breaking News Roundup!
#Tether has announced that it holds over 7.7 tons of physical gold to back its #XAU stablecoin. This significant backing is aimed at enhancing trust among investors in the stablecoin market.
A hacker associated with #Loopscale has agreed to return stolen cryptocurrency in exchange for a bounty. This resolution highlights the ongoing issues of security and trust within the crypto ecosystem.
#Standard_Chartered has predicted a potential #Bitcoin rally to $120,000 in the second quarter of the year. This forecast is attracting attention as analysts assess market trends and catalysts.
6 hours Crypto Highlights: Bitcoin, XRP, Solana, Pi Network, Meme Coins | Rapid Developments Unfolding
A recent exploit in the #Solana DeFi protocol #Loopscale has led to a halt in lending services after a staggering $5.8 million was siphoned from the platform. This incident raises concerns about security measures in DeFi ecosystems and the potential for further vulnerabilities.
In a notable legal development, #Nike's subsidiary #RTFKT is facing a lawsuit regarding its NFTs, as issues surrounding intellectual property rights come to the forefront. The outcome could have significant implications for how NFTs are treated legally.