FTX investors sue Fenwick & West, alleging the law firm *aided* the fraud by designing shell companies & obscuring customer funds for SBF. Claim: Fenwick knew about misappropriation & continued advising. $1.3B financing also linked to firm. (Decrypt) #crypto #blockchain #news
Whale Alert data indicates that the USDC Treasury minted 250 million USDC on the Solana blockchain at 18:55 and 18:56 Beijing time today, bringing the total newly minted USDC to 500 million. #crypto #blockchain #news
Radiant Capital exploit: Attackers liquidated ~$13.26M in DAI after selling 3,091 ETH (~$4,291/ETH). Follows the $53M hack on Oct 17, 2024. 🚨 #DeFi #exploit #crypto #blockchain #news
Resupply protocol exploit funds ($4.3M/1000 ETH) are being laundered via Tornado Cash, per PeckShield. Total ETH routed through Tornado Cash now totals 2,280 ($9.8M) after the $9.5M June attack. Resupply is linked to Convex Finance & Yearnfi. #crypto #blockchain #news