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Platypus exploiters walk free after claiming to be ‘ethical hackers’

Platypus exploiters walk free after claiming to be ‘ethical hackers’

A French court has allowed two brothers responsible for the theft of $8.5 million from decentralized finance (DeFi) protocol Platypus to walk free with no repercussions. On Feb. 16, hackers managed to drain and move $8.5 million from Platypus through a flash loan attack, forcing the protocol to suspend trading services until a resolution was […]

Hashdex tips spot Bitcoin ETFs to trade by Q2, followed by Ethereum

Hashdex tips spot Bitcoin ETFs to trade by Q2, followed by Ethereum

Hashdex, one of the 13 asset managers vying for spot Bitcoin (BTC) exchange-traded fund, expects to see the first spot Bitcoin ETF in the United States land by the second quarter of 2024, followed by a spot Ether (ETH) ETF. “The exact timing of a spot Bitcoin ETF in the U.S. remains unclear, but in […]

Robinhood crypto trading rises 75% in Nov, CEO tips ‘9 figures’ in revenue

Robinhood crypto trading rises 75% in Nov, CEO tips ‘9 figures’ in revenue

Crypto-friendly trading platform Robinhood has reported a 75% month-on-month increase in digital asset trading volume in November. In an 8-K filing to the Securities and Exchange Commission on Dec. 4, Robinhood noted that “November Crypto Notional Trading Volumes were roughly 75% above October 2023 levels.” The activity, however, didn’t translate to equity and options contract […]