Hackers hacked Popsicle Finance’s DeFi protocol and stole $25 million
The hack caused the internal token of the ICE protocol to drop in value by 56%
Hackers managed to crack DeFi-protocol Popsicle Finance and withdrew from it about $25 million, it was reported on Twitter by one of the developers of the decentralized crypto exchange SushiSwap Mudit Gupta. Because of the hack, the internal token of the ICE protocol fell in price by 56%. On August 4, its value partially recovered, and now the token is trading at $1.53 (down 32% per day).
FTX Exchange became a sponsor of the video game developer Riot Games
The trading floor logo will be displayed during the seasonal League of Legends game tournament. The amount of the deal was not disclosed
Cryptocurrency derivatives exchange FTX has signed a seven-year sponsorship contract with video game developer Riot Games. The amount of the deal was not disclosed. It is known that FTX received the right to display its logo during the seasonal tournament game League of Legends. The partnership with the crypto exchange was the largest sponsorship agreement for the cyber-sports league Riot Games.
The second oldest bank in the U.S. will offer crypto services to wealthy clients
State Street, one of the oldest banks in the U.S., will offer crypto services to wealthy clients of its funds. This shows that digital assets are gaining acceptance on Wall Street, Bloomberg writes.
The bank is ready to help with the reporting and processing of digital asset transactions.
To do so, State Street plans to partner with cryptocurrency software provider Lukka Inc.
In June, the bank created a unit that focuses on central bank digital currencies (CBDC), blockchain technology, tokenization, and cryptocurrencies.