HK Crypto ETFs See Document Trading Quantity
Hong Kong’s crypto exchange-traded funds (ETFs) skilled unprecedented buying and selling exercise throughout Monday’s market downturn. The six spot digital asset ETFs collectively traded $30.8 million, marking their busiest day since launching on April 30.
Bitcoin ETFs accounted for $26.1 million of the amount, whereas Ethereum funds noticed $4.7 million in trades. Nevertheless, this surge proved short-lived, with volumes declining on Tuesday. Regardless of the document day, Hong Kong’s crypto ETFs stay comparatively small, with complete belongings beneath administration of $276 million – a fraction of their U.S. counterparts’ measurement.
Crypto Information: Nexera Protocol Loses $1.8M in Exploit
Blockchain infrastructure protocol Nexera fell sufferer to a $1.8 million exploit. The corporate acknowledged the incident on social media, stating they’re cooperating with regulation enforcement.
In response, Nexera has paused its NXRA token contract and halted buying and selling on decentralized exchanges. The protocol can be working with centralized exchanges to droop buying and selling, with Kucoin and MEXC already freezing deposits and withdrawals. The assault has severely impacted Nexera’s token price, with NXRA dropping 40% to $0.036.
Solana Memecoins Rally as SOL Recovers from Latest Lows
Memecoins constructed on the Solana blockchain have surged over 30% previously 24 hours, outpacing the broader crypto market. This rally coincides with a restoration in Solana’s native token, SOL, which has climbed 38% from Monday’s lows.
Notable gainers embrace cat-themed POPCAT and dog-inspired WIF, each up round 25%. Moreover, smaller tokens MUMU and CATDOG rose 30%. This contrasts with losses seen in main memecoins on different networks, similar to Dogecoin and Pepe. The Solana ecosystem has seen a big uptick in exercise, with community volumes greater than doubling to $3.3 billion.
Crypto Information: Paris Olympic Venue Grand Palais Focused in Cyber Assault
The Grand Palais Museum, set to host occasions in the course of the Paris 2024 Olympics, has turn into the goal of a cyberattack. Hackers are demanding a cryptocurrency ransom to forestall the discharge of monetary knowledge.
The assault, which occurred on August 3-4, affected 40 museums throughout France. France’s cybersecurity company ANSSI is main the investigation, whereas the Grand Palais has mobilized technical groups to handle the incident.
Regardless of the menace, no knowledge extraction has been detected, and museum operations proceed uninterrupted. The French Anti-Cybercrime Brigade is investigating the case as organized extortion and prison affiliation. The hackers have issued a 48-hour ultimatum for the ransom cost.
READ Full Story Right here: Grand Palais Museum Faces Cyber Ransom Menace Amid Olympic Preparations
Unizen Hacker Strikes $2.1M in Stolen Funds to Twister Money
An deal with related to the Unizen DeFi protocol hack has transferred 865.4 Ether (roughly $2.16 million) to the Twister Money mixing service. This marks the primary motion of the stolen funds since March 8.
The switch started on August 7, when the hacker moved 2,179,859 DAI stablecoins to an unknown pockets. The funds have been then transformed to Ether and despatched to Twister Money in 26 separate transactions.
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