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, 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

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 […]