This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) The CertiK Report Shows That Crypto Losses Totaled $42.6 Million In May
The total crypto losses in May amounted to $42.6M as a result of breaches, schemes, and exploits. May was the worst month for Gala Games, which lost $21.6 million. CertiK confirmed that a series of breaches, vulnerabilities, and rug pulls cost the cryptocurrency market an astounding $42.6 million in May. The deficit in April was $41.6 million, so this amount is somewhat more…[continue reading]
2) RFK Jr. Claims Guilty Verdict Could Benefit Trump’s Electoral Chances
On Thursday, the independent presidential contender addressed the crowd at Austin, Texas’s Consensus 2024. The conviction of Donald Trump, his opponent for president, on Thursday may ultimately help Trump’s chances in November, according to Robert F. Kennedy Jr…[continue reading]
3) Singapore Bank DBS Denies That It Is An Ethereum Whale
The biggest Singaporean bank, DBS, may have been a whale with $650 million in Ethereum if it had been. That would have been very optimistic for Ethereum. But the bank says that’s not true. A representative from DBS emailed Decrypt to notify the news outlet that the bank did not record the position in question…[continue reading]
4) Veda Forms Partnership With EtherFi To Offer Tokenized Vault-Based Infrastructure
A vault-based solution that offers automatic yield generating techniques, EtherFi Liquid, has incorporated Veda’s technology, as announced on May 30. By eliminating the usual technical hurdles to accessing advanced DeFi methods, Veda’s infrastructure makes it possible to tokenize intricate smart contract interactions…[continue reading]
5) Tornado Cash Legal Fund Receives 30 ETH From Vitalik Buterin Wallet
The Ethereum co-founder Vitalik Buterin’s wallet sent 30 Ether, worth $113,000, to the open-source cryptocurrency crowdfunding site Juicebox. Tornado Cash’s creators, Alexey Pertsev and Roman Storm, will have legal representation with the help of these funds…[continue reading]
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