Phishing Attack on Cloud Provider With Fortune 500 Clients Led to $15M Crypto Theft From Fortress Trust
A phishing attack on Retool led to the theft, which helped spur Fortress Trust’s agreement to sell itself to Ripple, sources said.Source
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Bitcoin Steady at $26K, SOL Slightly Dips After FTX Gets Approval to Sell Crypto
Crypto exchange FTX got court approval to sell part of its $3.4 billion digital asset holdings.Source
Judge Allows Bankrupt FTX to Sell Its Crypto Holdings, Including BTC and SOL
Crypto exchange FTX can sell and invest its crypto holdings to pay back creditors, a judge in the U.S. Bankruptcy Court for the District of Delaware ruled Wednesday.Source
The Protocol: The CFTC Is Cracking Down on Crypto
The U.S. Commodity Futures Trading Commission placed a trio of decentralized crypto platforms into its crosshairs last week. An aggressive set of charges from the CFTC – which zeroed in on how the trading platforms handle certain kinds of third-party token swaps – contrasted with the regulator’s more lenient image.Source
Surprisingly Few U.S. Customers Want Their Bittrex Money Back
The U.S. Secret Service kept millions on the exchange, company lawyers told a bankruptcy court – but other creditors have been strangely reluctant to ask for their funds back.Source
What Correlations Tell Us About the Value of Multi-Asset Crypto Portfolios
Max Freccia of Truvius does some number-crunching to evaluate the benefits of expanding beyond the biggest cryptos.Source
CoinDesk Indices Expands Into APAC Region in Deal With ICE Futures Singapore
ICE Futures Singapore’s bitcoin futures contracts will now be known as CoinDesk Bitcoin Futures contracts.Source