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$10.8M Stolen, Developers Implicated in Alleged Smart Contract ‘Rug Pull’

$10.8M Stolen, Developers Implicated in Alleged Smart Contract ‘Rug Pull’

Rogue developers seem to have rug-pulled their own project, Compounder Finance, netting some $10.8 million in funds from the project’s investors.

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Visa partners with Circle to let card issuers integrate USDC payment capability

Circle will work with select Visa card issuers to integrate the ability to send and receive USDC payments, according to Forbes.

The post Visa partners with Circle to let card issuers integrate USDC payment capability appeared first on The Block.

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Grayscale Ethereum Trust Announces 9-for-1 Stock Split

Existing shareholders will receive eight additional ETHE shares for each one held, with each new share being a ninth the value and price of the current ones.

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OKEx CEO Says Exchange Updating Procedures to Prevent Repeat of Withdrawal Freeze Issue

Jay Hao pledged in an AMA that his firm has taken steps to ensure that cryptocurrency withdrawals can’t again be stuck by the absence of a key holder.

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First Mover: Short Shrift for XRP Token’s 169% Price Surge as Traders Obsess Over Bitcoin

XRP soared 169% in November, topping performance of the CoinDesk 20 digital assets during a month when bitcoin dominated headlines.

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Visa May Issue USDC Credit Card After Adding Circle to ‘Fast Track’ Program: Report

Visa is linking its payments network of 60 million merchants to the USDC stablecoin, according to Forbes.

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DEX aggregator 1inch raises $12 million in SAFT sale

Decentralized exchange (DEX) aggregator 1inch has raised $12 million in Series A funding.

The post DEX aggregator 1inch raises $12 million in SAFT sale appeared first on The Block.

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1inch Raises $12M to Keep Up With DeFi’s Growing Crop of DEX Aggregators

Decentralized exchange (DEX) aggregator 1inch has closed a $12 million funding round led by Pantera Capital.

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PayPal CEO Dan Schulman Tells Web Summit the ‘Time Is Now’ for Crypto

Dan Schulman took to the stage at Web Summit tech event on Wednesday, telling attendees that cryptocurrency is on the way to the mainstream.

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Ukraine’s Draft Crypto Bill Passes First Parliamentary Hearing

Ukraine’s parliament has approved the first version of a draft cryptocurrency bill, bringing regulation of the industry a step closer.

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