DeFi Platform Arcadia Hit by $3.5 Million Exploit on Base
Decentralized-finance platform Arcadia, which operates on Coinbase-backed Layer-2 network Base, suffered an exploit on 15 July that drained an estimated $3.5 million from its liquidity pools...
NYSE Arca Clears ProShares 2x Leveraged XRP ETF
NYSE Arca approved two new leveraged cryptocurrency funds from ProShares, authorizing the ProShares Ultra XRP ETF under the ticker UXRP and the ProShares Ultra SOL ETF...
Fed, FDIC and OCC Clarify Banks May Hold Crypto Under Strict Rules
The Federal Reserve, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency issued joint guidance on 14 July reaffirming that U.S. banks may offer custody services...