🦎🚀 The institutions giveth and the institutions taketh away... 🏛️

Monday, June 5, 2023

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A truly destructive exploit

According to on-chain sleuths, over $35M have gone missing from Atomic Wallet users after a vulnerability was acknowledged by the team over the weekend.

Investigations are currently led by a cohort of security firms to identify how the attacks took place, but nothing has been discovered as of yet.

In today's news, we have express news for Asia, the first LSD on zkSync, and a reminder for those who still have positions in SNX v1.

Read on!

Analyzing Crypto by Types

Did you know that besides cryptocurrencies, there are 11 more types of crypto?

And that's just at the asset/token level – protocols & networks get classified separately under the GCCS!

24h Hot Searches Worldwide

Pepe (-6.9%)
Sui (-4.3%)
Bitcoin (-1.3%)
XRP (+1.7%)
Ovr (-11.1%)
Open Campus (+4.0%)
Multichain (+32.0%)

What is Starknet, and how does it make Ethereum faster, cheaper, and safer? Watch this video to learn more and potentially qualify for an airdrop.

Let's find out here!

Giving Back... to your Donors?

The Metropolitan Museum of Art, or 'Met' for short, has agreed to return over $550,000 in donations received from defunct crypto exchange FTX.

The amount only represents a tiny fraction of the $93 million handed out by FTX since March 2020, with the current management trying to retrieve these funds back from politicians and other organizations.

Cointelegraph

For the Big Boys

American-based crypto exchange Coinbase will begin offering larger-size Bitcoin and Ethereum futures contracts to its institutional clients starting next week.

The BTI and ETI contracts will be respectively sized at 1 BTC and 10 ETH per contract and settled on a monthly basis in US dollars.

The product will also come with significantly lower trading fees compared to its traditional counterparts.

Decrypt

Polygon is now on Taurus

Crypto infrastructure firm Taurus has integrated the Polygon network on its platform.

Joining Ethereum, Tezos, and Cardano, Taurus' clients can now tokenize their choice of debt or equity on the Polygon blockchain.

This collaboration highlights the growing institutional adoption of cryptocurrencies, as it brings together the worlds of traditional finance and blockchain technology, offering a glimpse into the potential future of asset tokenization.

The Block

WBT listing on Bitfinex

Join the WBT trading on Bitfinex.

After Huobi, Gate, and MEXC, WhiteBIT Token joins one more world-class exchange. On the 1st of June, at noon, WBT on the ERC-20 network was listed on Bitfinex in WBT/USDT and WBT/USD pairs.

Have a profitable trading!

Trade WBT