The Block
The company said Tuesday that it intends to grow its mining capacity by 50% in the next four years.
Quick Take An exploiter abused a vulnerability in a digital marketing platform to mimic seemingly legitimate emails that actually included links to wallet drainer sites, Blockaid found. The attack targeted CoinTelegraph, WalletConnect, Token Terminal and De.Fi, according to crypto sleuth ZachXBT.
Franklin Templeton’s spot bitcoin ETF accounted for $101 million of the more than $14 billion in total trading volume as of Monday.The firm’s head of digital assets believes “it’s just a matter of time” before financial advisors, which work with Franklin Templeton, will become more comfortable recommending spot bitcoin ETFs to their clients.
Quick Take ClayStack has entered Ethereum restaking via EigenLayer, offering users reward points ahead of its token launch.
Quick Take FINRA found some common themes in a sweep of its member firms, including false statements that crypto functioned like cash or cash equivalents, according to a report released on Tuesday.
Quick Take Pontem’s AI-powered chatbot will seek to give crypto enthusiasts more up-to-date information on subjects like bitcoin ETFs and how to swap, stake, bridge, buy NFTs or use yield farming.
Quick Take Solana’s largest perpetual trading protocol, Drift, has launched a points program to reward its users. Drift then plans to launch its token “shortly after” the points program wraps up in March, co-founder Cindy Leow told The Block.
The Bank for International Settlements (BIS) Innovation Hub is creating a tokenization project and plans to advance a CBDC privacy of payments study.
Quick Take Bagel closed a $3.1 million pre-seed round led by CoinFund. The project plans to use the funds to grow its decentralized data platform.
Quick Take Scott Fletcher, co-founder of Intersection Growth Partners, discusses the significant changes in the crypto job market post-2022.