In today’s crypto news, hackers have stolen $23 million from the wallet of Singapore-based exchange Bitrue, prompting the exchange to temporarily suspend all withdrawals for additional security checks. Canon USA has announced plans to launch an Ethereum-based NFT marketplace called Cadabra, dedicated to photography.
Hong Kong-based HashKey Group has launched a new wealth management platform, HashKey Wealth, to cater to professional and institutional investors who are seeking to access virtual assets. Ripple has also revealed its liquidity solution for businesses, Ripple Liquidity Hub, which aims to bridge the gap between crypto and fiat liquidity management.
In other news, financial app Curve has introduced a new function that allows its customers in the US and UK to transfer their crypto rewards from merchant transactions to their own digital wallets. Regulated blockchain infrastructure platform Paxos has released a whitepaper titled “How the Crypto Winter May Help Save the Digital Asset Economy”, providing insights into the crypto industry following historic disruptions.
Lastly, San Francisco police have made an arrest in the murder case of Bob Lee, the chief product officer of MobileCoin and former CTO of Block, with a suspect charged with murder.