Welcome to another exciting crypto roundup from your favorite portfolio tracking and trading platform, Coinigy.
So here we were, thinking Bitcoin would continue its Thursday 26k momentum; only to break our hearts the next day by dropping to 25k.
But no hard feelings—at least, we still have our portfolio intact (that’s if a red chart qualifies as intact)—unlike our whale, who lost $24M.
Here are this week’s highlights
- Crypto whale loses $24M in staked Ethereum to phishing attack
- Binance creates smart contract to refund users affected by $3M rug pull
- MetaMask launches feature to sell ETH for fiat
- Visa taps into Solana to widen USDC payment capability
Crypto whale loses $24M in staked Ethereum to phishing attack
A cryptocurrency whale has fallen victim to a massive phishing attack, losing millions of dollars in staked Ether on the liquid staking provider Rocket Pool.
The investor lost their entire address balance of Lido Staked ETH (stETH) and Rocket Pool ETH (rETH) on Sept. 6, the cryptocurrency security firm PeckShield reported.
Binance creates smart contract to refund users affected by $3M rug pull
Crypto exchange Binance has created an automated smart contract to reimburse users following the events of the Xirtam rug pull.
According to a Sept. 6 announcement, users affected by the Xirtam rug pull can receive their money by connecting their wallets to Etherscan, passing a verification check and calling the claim function through the contract address. Users must have submitted their applications by Aug. 2 to be eligible for recovery.
MetaMask launches feature to sell ETH for fiat
MetaMask Portfolio’s Sell feature allows you to easily cash out your crypto to fiat currency (USD, EUR, GBP). Combined with the Buy feature, it enables you to have a self-sufficient web3 experience with fewer intermediaries and faster fiat conversion directly to your destination of choice where available, like your bank account or PayPal balance.
Visa taps into Solana to widen USDC payment capability
Visa (V) is diving deeper into crypto to boost the speed of cross-border payment transactions. The San Francisco-based firm has expanded its stablecoin settlement capabilities with Circle's USDC stablecoin to the Solana (SOL) blockchain, designed to offer high-speed performance, Visa said in a statement Tuesday.
Other highlights worth mentioning
- Ripple acquires Fortress Trust in cash-and-equity deal — Blockworks
- Ark Investment submits application for first-ever US Spot Ethereum ETF - AMB Crypto
- Binance crypto exchange saw 10 key execs leave in 2023 - Cointelegraph
- Appellate judge denies Sam Bankman-Fried’s request for immediate release from jail - BeInCrypto