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The treasury of the web3 gaming platform Gala Games appears to have been hacked Monday. Someone minted 5 billion GALA tokens worth over $200 million. GALA fell nearly 15% following the exploit.
Bloomberg ETF analysts view the possibility of the U.S. government approving spot ether ETFs as improving to 75% based on the possibility of shifting political winds.
Ether price volatility is expected to increase in the lead-up to this week’s spot ETF decision deadlines, with VanEck’s on Thursday and Ark Invest/21Shares’ on Friday.
Controversial digital asset firm Prometheum has soft-launched ether custody services with a small group of companies.Prometheum plans to fully launch custody services by the first week of June.
Grayscale CEO Michael Sonnenshein is stepping down as CEO to “pursue other interests,” the firm said.Though the exact reasons for his departure remain unclear, the firm’s spot bitcoin ETF GBTC has seen swathes of investors exit despite inflows increasing.Former Goldman Sachs exec Peter Mintzberg will join as Grayscale’s CEO on Aug. 15, 2024.
- 16:53Citibank plans to explore cryptocurrency custody servicesAccording to Tree News citing Bloomberg, Citibank plans to explore cryptocurrency custody services. In addition, State Street Bank intends to launch digital asset custody services in 2026.
- 16:27Connex will unlock approximately 4.33 million CONX tokens tomorrowTokenomist data shows that Connex (CONX) will unlock approximately 4.33 million tokens at 8 a.m. Singapore time on February 15, representing 376.3% of the current circulation, valued at about $87.98 million USD.
- 16:19Trump briefly breaks through $21Bitget market data shows that TRUMP briefly broke through $21, currently quoted at $20.95, with a 24-hour increase of 23.93%. The market fluctuates greatly, please manage your risk well.