User deposits on decentralized privacy protocol Tornado Cash are reportedly at risk following the insertion of malicious code in the protocol’s back end, according to a Medium post by …

The funds will be used to build out its three core products, “Avail DA,” “Nexus,” and “Fusion Security.” Source: https://www.coindesk.com/tech/2024/02/26/avail-an-ethereum-data-network-to-rival-celestia-raises-27m-in-seed-round/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto-focused investment products saw the fourth consecutive week of inflows, data shows. Source: https://www.coindesk.com/markets/2024/02/26/bitcoin-investment-products-saw-inflows-of-570m-last-week-coinshares/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Users of cryptocurrency exchange BitForex have been blocked from accessing the website. Blockchain sleuth ZachXBT reported that $57 million has been drained out of the exchange’s hot wallets. Source: …

“We are going to follow Uniswap’s lead in proposing it. It will be up to the community to pass it,” Frax’s CEO Sam Kazemian told CoinDesk. Source: https://www.coindesk.com/business/2024/02/26/frax-finance-mulls-uniswap-like-reward-mechanism-for-token-stakers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The phishing attempt has already led to $440,000 worth of crypto being stolen. Source: https://www.coindesk.com/business/2024/02/26/microstrategys-x-account-hacked-leads-to-440k-crypto-being-stolen-blockchain-sleuth-zachxbt/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

“Without a bounce from here, we could see a deeper correction begin, potentially as low as $47,000-$49,000,” one trader said. Source: https://www.coindesk.com/markets/2024/02/26/ether-mantle-lead-crypto-majors-as-bitcoin-traders-see-prices-correcting-to-48k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Blast, in an X post, termed the project’s potential as “undeniable,” which may have created a sense of security among investors. Source: https://www.coindesk.com/markets/2024/02/26/blast-ecosystem-sees-first-apparent-scam-as-riskonblast-rug-pulls-13m-ether/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

OANDA Crypto is the summation of last year’s acquisition of a majority stake in FCA-registered crypto firm Coinpass, and will offer trading in over 63 cryptocurrency pairs, including Bitcoin, …

Source: https://www.coindesk.com/policy/2024/02/23/looking-at-krakens-motion-to-dismiss-an-sec-lawsuit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines