This #analysis report, backed by quality data, covers the major developments the Web3, Blockchain and Crypto landscape has witnessed this week.


Breaking #News

This #Week Seneca Protocol Hacker Returns Stolen Ether Tokens After Exploit. The hacker returned $5.3 million worth of Ether after exploiting an approval mechanism bug in Seneca Protocol’s smart contract, draining $6.4 million. The protocol offered leniency, not pursuing legal action if 80% was returned.

Gemini to Return $1.1 Billion in Settlement Deal with NY Regulators  Gemini agrees to repay customers $1.1 billion from its defunct Earn Program in a settlement with New York regulators. The exchange faces legal challenges from the SEC and the NY Attorney General’s office.

Robinhood Partners with Arbitrum for Access to Layer-2 Swaps  Robinhood collaborates with Arbitrum to offer its wallet users access to swaps on the layer-2 network. The alliance aims to simplify access to layer-2 networks, announced at ETHDenver 2024 event.

Uniswap Introduces New Features to Enhance Swapping Experience  Uniswap introduces three features: Uniswap Extension, Limit Orders, and Data & Insights. Limit Orders and Data & Insights pages are live, with access via a waitlist system for users.

CDC Supports Kraken in Lawsuit Against SEC’s Regulatory Tactics  The Chamber of Digital Commerce files amicus curiae to support Kraken against SEC lawsuit. CDC aims to counter SEC’s regulatory tactics and advocate for clearer rules.

RiskOnBlast Under Scrutiny Amid Suspected Rug Pull Scam  RiskOnBlast project faces scrutiny over a suspected rug pull scam, leaving investors with significant losses. The project raised 25M in ETH for a presale token Risk.

HTX Withdraws Crypto License Application in Hong Kong HTX, formerly Huobi, withdraws crypto licence application from Hong Kong. The Virtual Asset Trading Platform (VATP) licence allows exchanges to operate within Hong Kong.

MicroStrategy’s X Account Compromised in Ethereum Token Scam  Micostrategy’s X account hacked...

Full report:
https://bit.ly/49WFcka