April 26, 2024

Crypt. Results November 5-6

Crypt. Results November 5-6

  • Hacker hacked the pNetwork bridge, minted a huge amount of ~$2.2 billion worth of GALA tokens, and sold them on PancakeSwap, earning ~13000 BNB.
  • Bybit exchange will not introduce restrictions for users from Russia yet
  • Binance is adding a direct crypto-to-fiat exchange feature for UK and EU-issued Mastercards.
  • Circle will transfer reserves to back its USDC stablecoin to the BlackRock Fund.
  • Swiss investment bank UBS has issued its blockchain-based digital bond.
  • Revolut Bank plans to integrate NFT avatars into its app.
  • The Ministry of Digital Technology of Japan has announced the creation of its own DAO to explore DAO and Web3.
  • Coinbase lost $545 million in the third quarter, half the loss it made in the first quarter ($1.1 billion).
  • Crypt. Results November 5-6