GoPlus Security’s on-chain monitoring concluded that October saw a series of incidents in the crypto community which led to losses exceeding $45.84 million within the month alone. Summary Web3 users suffered over $45.84 million in losses throughout October due to major exploits, phishing scams, and hacks. These include incidents linked [...]

The first-ever Chainlink ETF is moving closer to launch as Bitwise advances its proposed fund. Summary Bitwise’s Chainlink ETF is now listed on the DTCC under the ticker CLNK. The listing is considered a positive indicator but does not guarantee SEC approval, which is delayed due to the ongoing government [...]

Canton Network, a public blockchain that brings institutional-scale operations to the industry via on-chain privacy, is eyeing Franklin Templeton’s traction for expansion. Summary Canton Network taps into Franklin Templeton’s Benji to expand institutional adoption. Move follows integration with BitGo and Chainlink. Tokenization trend currently has over $35 billion in real-world [...]

A major crypto merger that could have reshaped the stablecoin market has quietly fallen apart, marking a shift in strategy for one of the industry’s biggest players. Summary Coinbase and BVNK drop $2B acquisition after due diligence. The deal would have boosted Coinbase’s stablecoin strategy. COIN shares dip as investors [...]

Ethereum price appears to be losing momentum as trading activity slows and investor confidence softens. Summary Ethereum price is trades near support, down 30% from its all-time high. DEX volumes and TVL continue to fall across the Ethereum network. Spot ETH ETFs saw $107M in outflows, showing weaker investor demand. [...]

A new report by Bybit’s Lazarus Security Lab found that 16 major blockchains can freeze funds, and 19 more could do it with minor changes. Summary The report found that 16 chains can freeze funds, while 19 more can easily add this function Major chains, including BNB, VeChain, and CHILIZ, [...]

JPMorgan’s latest blockchain move could redefine how banks handle money transfers in the digital age. Summary JPMorgan expands JPM Coin to Coinbase’s Base network for faster settlements. Institutional users gain 24/7 payment access using tokenized USD deposits. The bank has also partnered with DBS to pilot cross-border tokenized deposits. JPMorgan [...]

The value of tokenized gold has exploded over the past few months, driven by both adoption and rising macroeconomic risks. Summary Tokenized gold reached an all-time high at $3.6 billion Tether’s XAUT and PAX Gold dominate the tokenized gold market Gold on the blockchain rose 50x in value since 2021 [...]

Astar Network has released a new roadmap as it moves to add more utility and features to its native token. Summary Astar Network, a parachain within the Polkadot ecosystem, has released a fresh roadmap to enhance its native token. The project plans to introduce a fixed supply cap of 10.5 [...]

Chinese decentralized contract exchange, Sun Wukong, launches its proof-of-reserves page which contains the platform’s current stablecoin reserves standing at $64.14 million. Summary Sun Wukong unveils its proof-of-reserves page with a 100% stablecoin reserve ratio, with nearly all of its $64.14 million reserves held in USDT. Since it was launched in [...]