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FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop $450M in HOOD Stock

FTX Attempts to Freeze Robinhood Shares as Creditors Swarm to Scoop 0M in HOOD StockCourt filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and also Sam Bankman-Fried (SBF). Court Filing Wants to ‘Enforce an Automatic Stay’ Against Claims Over FTX’s 56 Million Robinhood Shares On Dec. 22, 2022, court […]

Web3 Cyber Threats Surge in 2024: Cyvers Report

Binance CEO Says Exchange Recovered $450 Million From the Curve Finance Attack

Binance CEO Says Exchange Recovered 0 Million From the Curve Finance AttackFollowing the recent Curve Finance attack, Binance CEO Changpeng Zhao announced that the exchange had recovered $450 million from hackers. The decentralized finance (defi) platform Curve saw roughly $570 million siphoned from the application on August 9. Binance Boss Says Exchange Froze 83% of the Curve Finance Hack Funds, Domain Provider Says Exploit Was DNS […]

Web3 Cyber Threats Surge in 2024: Cyvers Report

Polygon Announces Zero-Knowledge Identity Platform for Web3

Polygon Announces Zero-Knowledge Identity Platform for Web3On March 29, Polygon, the layer two (L2) scaling solution that runs parallel with the Ethereum blockchain, has announced a new identity platform called Polygon ID. While the protocol is is still under development, Polygon ID is powered by zero-knowledge (ZK) cryptography and Polygon expects a public version of the ID wallet app and software […]

Web3 Cyber Threats Surge in 2024: Cyvers Report

Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion

Investors Inject 0 Million Into Consensys, Ethereum Incubator Now Valued at  BillionThe Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November. Consensys Raises $450 Million, Proceeds From the Round Will Be […]

Web3 Cyber Threats Surge in 2024: Cyvers Report

Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary

Polygon Raises 0 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’learyThe blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3 applications. Sequoia Capital India and […]

Web3 Cyber Threats Surge in 2024: Cyvers Report