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Decentralized Exchange Velocore Confirms Breach, Reports $6.8 Million in Financial Losses

The decentralized exchange Velocore confirmed a breach on its platform on June 2, during which attackers stole ethereum tokens worth an estimated $6.8 to $10 million. The Velocore team is…

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Web3 Gaming Platform Zkasino Kickstarts Process Enabling Users to Retrieve Ethereum Tokens

The Zkasino team announced on May 28 that it had initiated a two-step bridge back process, allowing users to retrieve their ethereum tokens. Users have between May 28 and May…

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Liquid Staking Derivatives See 110,000 ETH Inflow Over 12 Days

While liquid staking protocols experienced a brief period of withdrawals, the past 12 days have seen liquid staking derivatives (LSDs) platforms gain 110,000 ether valued at $417.59 million. Swell Experiences…

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Consensys Hails Spot Ether ETF Approval, Slams SEC’s ‘Deliberate Regulatory Abuse’

Consensys has lauded the U.S. Securities and Exchange Commission’s approval of 19b-4 filings for spot ether exchange-traded funds as “a step in the right direction.” However, the software firm expressed…

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Pompliano Foresees Historic Milestone for Crypto Industry With Potential Ethereum ETF Approval

In a series of recent social media posts, renowned crypto investor and influencer Anthony “Pomp” Pompliano has shared his optimistic outlook on the future of the cryptocurrency industry. Highlighting the…

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Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFs

The value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S. dollar due to speculation that the U.S. Securities and Exchange Commission (SEC)…

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Liquid Staking Market in Flux: Withdrawals Hit Swell and Mantle, Reshuffling Landscape

Over the past 18 days, 27 distinct liquid staking derivatives (LSD) protocols have experienced withdrawals amounting to approximately 50,000 ether, valued at $146.72 million. The most significant reductions occurred in…

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