Penpie protocol exploited, suffers $27M loss
Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Cryptocurrency hacks have stolen $1.21 billion in funds so far in 2024, a 15.5% increase from 2023.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Billions flowing out of bitcoin ETFs and private credit funds suggest rising market risks
Redemption requests in the $2 trillion private credit market surged to $15.6 billion in the second quarter, dwarfing bitcoin ETF o...
Bitcoin’s $10 billion credit market keeps growing after its first major selloff
Bitcoin’s more than $10 billion corporate credit market is still attracting new entrants after a June selloff triggered margin cal...
Kalshi’s court loss shows federal approval may still leave prediction markets fenced off by states
A New York federal court has returned prediction-market access to state hands just weeks before the CFTC closes comments on nation...
Circle’s refusal to ‘burn and reissue’ stolen USDC angers prosecutors, report
Prosecutors in Wisconsin and New York are growing frustrated with stablecoin giant Circle after it repeatedly ignored law enforcem...
Uniswap Labs proposes activating protocol fees for v4 pools across 11 chains
Activating protocol fees on Uniswap v4 pools could enhance UNI token value through increased burns, but may impact liquidity provi...
Coinbase and Singapore Police Block $4.2M Crypto Scam Losses in 145+ Rescue Cases
Key Takeaways: In a six-week operation with Singapore Police, Coinbase prevented the loss of over $4.2 million through fake mobile...