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Web3 gaming platform Gala Games loses over $200 million in potential exploit, GALA plummets 15%
Web3 gaming platform Gala Games loses over $200 million in potential exploit, GALA plummets 15%

The treasury of the web3 gaming platform Gala Games appears to have been hacked Monday. Someone minted 5 billion GALA tokens worth over $200 million. GALA fell nearly 15% following the exploit.

The Block·2024/05/20 22:19
Ethereum ETFs' odds of approval improve as it appears Biden admin perhaps wants to appear more crypto friendly: Bloomberg ETF analyst
Ethereum ETFs' odds of approval improve as it appears Biden admin perhaps wants to appear more crypto friendly: Bloomberg ETF analyst

Bloomberg ETF analysts view the possibility of the U.S. government approving spot ether ETFs as improving to 75% based on the possibility of shifting political winds.

The Block·2024/05/20 20:49
Ether price volatility set to increase in lead-up to this week's ETF decision deadlines, analysts say
Ether price volatility set to increase in lead-up to this week's ETF decision deadlines, analysts say

Ether price volatility is expected to increase in the lead-up to this week’s spot ETF decision deadlines, with VanEck’s on Thursday and Ark Invest/21Shares’ on Friday.

The Block·2024/05/20 15:31
Prometheum soft-launches ether custody services, treating it as a security
Prometheum soft-launches ether custody services, treating it as a security

Controversial digital asset firm Prometheum has soft-launched ether custody services with a small group of companies.Prometheum plans to fully launch custody services by the first week of June.

The Block·2024/05/20 14:34
Grayscale CEO Michael Sonnenshein departs role, former Goldman Sachs exec to step in
Grayscale CEO Michael Sonnenshein departs role, former Goldman Sachs exec to step in

Grayscale CEO Michael Sonnenshein is stepping down as CEO to “pursue other interests,” the firm said.Though the exact reasons for his departure remain unclear, the firm’s spot bitcoin ETF GBTC has seen swathes of investors exit despite inflows increasing.Former Goldman Sachs exec Peter Mintzberg will join as Grayscale’s CEO on Aug. 15, 2024.

The Block·2024/05/20 14:16
Flash
13:33
Billions releases strategic roadmap: focusing on agent business and payment infrastructure development
ChainCatcher news, the AI identity and Agent infrastructure project Billions has released its latest strategic roadmap, announcing that it will focus on advancing Agent business and Agent payment-related infrastructure development, driving AI Agents to evolve from information processing tools to active participants in economic activities. Billions stated that as Agents begin to independently complete service calls, payment settlements, product purchases, and task executions, AI is gradually entering the Agent Economy era. In the future, Agents will need not only identity and permission management capabilities, but also the ability to participate in real business activities and value exchanges. Currently, Billions has launched payment-related components based on the x402 protocol, including Agent Skill, server-side extensions, and an SDK. The team stated that they will continue to expand product capabilities around Agent authentication, authorization management, payment execution, and commercial collaboration scenarios, building an infrastructure network oriented towards the Agent Economy. Billions believes that automated value exchanges between Agents, and between Agents and services, will become the next stage of AI development, and that Agent business networks are expected to become an important component of the future digital economy.
13:33
Investors of Ramaco Resources Inc. senior notes may be eligible to recover part of their investment losses.
This situation has drawn close attention from the market to the relevant securities.
13:32
Arkham: Crypto KOL Andrew Tate suffers 8 liquidations in 24 hours
According to Odaily, Arkham monitoring revealed that crypto KOL and Instagram influencer Andrew Tate had his trading account on Hyperliquid forcibly liquidated eight times in the past 24 hours. Data shows that after Andrew Tate deposited $100,000 into the account, he established a Bitcoin long position of approximately $3.8 million and a Bitcoin short position of about $1 million, creating a high-leverage hedged strategy. However, due to significant Bitcoin price fluctuations, market movements repeatedly deviated from his positions, leading to continuous liquidations.
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