Crypto EcoBlog
With the SBI investment, Zodia Custody will increase its Japan presence amid increased demand for digital assets from institutional investors in the country. Zodia Custody, an institutional-grade crypto asset custodial platform backed by Standard Chartered in association with Northern Trust, has announced that it raised approximately $36 million led by Japanese financial conglomerate SBI Holdings. The London-headquartered crypto startup announced that the funding round also saw...
Read More »Kokomo Finance Exit Scam Sees Developers Make Away with $4M Worth of Tokens
The Kokomo Finance protocol has been found to be an elaborate exit scam after developers used wrapped Bitcoin to steal user funds worth $4M. According to reports, developers behind crypto lender Kokomo used Wrapped Bitcoin (wBTC) to perpetuate a $4 million exit scam. A CoinDesk report alleges developers pulled off the scam over the weekend after manipulating tokens to steal millions in user funds. The report further stated that these developers attacked the smart contract of wrapped...
Read More »Wrapped Bitcoin: Wrapped Token bringt Bitcoin ins Ethereum-Netzwerk
Wrapped BItcoin: Bitcoin, verpackt in einem ERC Contract und auf der Ethereum Blockchain handel- und programmierbar.Foto CC0 Public Domain via Pixabay Wrapped Bitcoin (wBTC) zählt zu den wachstumsstärksten Wrapped Token auf dem Markt. Der ERC-20 Token bringt die Liquidität des Bitcoin in das Ethereum-Netzwerk. Was ist Wrapped Bitcoin? Wrapped Bitcoin, kurz wBTC, ist ein Wrapped Token mit Bitcoin-Bezug. Der Token zeichnet den Kurs des...
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