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Digital asset funds experience biggest weekly outflows on record

Digital asset funds experience biggest weekly outflows on record

Crypto funds were hammered last week as market sentiment sank following the failure of several U.S. banks and Federal Reserve interest rate news.

The post Digital asset funds experience biggest weekly outflows on record appeared first on The Block.

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Aztec to sunset private ZK-Rollup Connect and focus on next-gen Layer 2 chain

Aztec Network is planning to discontinue its existing network version called Connect and focusing on building its next version privacy blockchain.

The post Aztec to sunset private ZK-Rollup Connect and focus on next-gen Layer 2 chain appeared first on The Block.

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PeopleDAO hacked via Google Sheets, $120,000 worth of ether stolen

PeopleDAO has lost 76.5 ether, equal to about $120,000, to a hacker who gained control of the project’s payout form that was shared to a public channel.

The post PeopleDAO hacked via Google Sheets, $120,000 worth of ether stolen appeared first on The Block.

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OKCoin pauses dollar deposits, OTC services after ‘managing’ Silvergate situation

OKCoin, a U.S.-based crypto exchange affiliated with the much larger OKX, is temporarily pausing dollar deposits.

The post OKCoin pauses dollar deposits, OTC services after ‘managing’ Silvergate situation appeared first on The Block.

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Euler Finance flash-loan attacked for an estimated $197 million

Lending protocol Euler Finance was hit by a flash-loan attack, resulting in the loss of $197 million in various crypto assets.

The post Euler Finance flash-loan attacked for an estimated $197 million appeared first on The Block.

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How this user-owned talent network is disrupting the staffing industry

Adam Jackson explains how decentralization helps BrainTrust operate more efficiently than traditional staffing firms.

The post How this user-owned talent network is disrupting the staffing industry appeared first on The Block.

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Binance converting $1 billion in BUSD to bitcoin, ether and BNB

Binance CEO Changpeng Zhao announced on Twitter that exchange would convert approximately $1 billion of BUSD to bitcoin, ether and BNB.

The post Binance converting $1 billion in BUSD to bitcoin, ether and BNB appeared first on The Block.

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BCB Group pauses US dollar payments pilot after Signature Bank closure

BCB Group paused a U.S. dollar payments pilot program after partner Signature Bank was shut down by regulators.

The post BCB Group pauses US dollar payments pilot after Signature Bank closure appeared first on The Block.

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USDC, crypto rallies on news that SVB, Signature Bank deposits are safe

Crypto markets rallied after regulators said both SVB and Signature Bank reserves would be returned, while USDC nearly regained its peg.

The post USDC, crypto rallies on news that SVB, Signature Bank deposits are safe appeared first on The Block.

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Circle USDC operations will resume at open Monday: Allaire

Circle USDC reserves are “safe and secure” and liquidity operations will resume at banking open tomorrow, CEO Jeremy Allaire said on Twitter.  

The post Circle USDC operations will resume at open Monday: Allaire appeared first on The Block.

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