Certus One News Today

"Cosmos" fan Dick Merryman has owned the domain since 1994. Jump Trading is suing to pry it from his control after Merryman scuttled a potential deal.

Investor funds are safe, but there are more lessons learned by developers.

LONDON — The cryptocurrency arm of Jump Trading said on Thursday (Feb 4) it had restored more than $320 million (S$429.8 million) to crypto platform Wormhole after the decentralized finance site was hit with one of the largest crypto heists on record. In a tweet, Jump Crypto said they chose to replace the stolen money "to make community members whole...

The cryptocurrency arm of Jump Trading said on Thursday it had restored more than $320 million to crypto platform Wormhole after the decentralized finance site was hit with one of the largest crypto heists on record.

Bitcoin, Ethereum and Dogecoin were all higher early Friday morning as cryptocurrencies were following the U.S. stock market lead.

The price of Bitcoin was up by just 1.26 per cent at USD 37,343.81. The price of Ethrereum was up by meagre 1.51 per cent at USD 2,693.23.

Recent hacking incidents highlight just how much cash — both traditional and digital — is sloshing around the crypto world, and how quickly it can be put to work.

The project announced the funding Wednesday following the hack without identifying the source of the money.

In what is being regarded as the biggest bailout in DeFi, Jump Crypto deposited Ether worth $320 million (roughly Rs. 2,391 crore) in Wormhole accounts. This amount was stolen in a hack attack on Wormhole earlier this week. Jump Crypto is a venture capital firm that owns the developer of Wormhole.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero