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Gold’s 50-Year Money-Making Trick Just Went Onchain

Gold’s 50-Year Money-Making Trick Just Went Onchain

This post was originally published on this site.Gold lending rates have been quoted every working day for 50 years, yet most people who actually own gold have effectively been locked out of the market. Paxos Labs launched PAXGy on Sept. 24 to change that, wrapping institutional gold-leasing economics into a token backed by pax gold...

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Bitget Hit by $351M Hack, Withdrawals Frozen as Probe Begins

Bitget Hit by $351M Hack, Withdrawals Frozen as Probe Begins

This post was originally published on this site.What began as hundreds of millions of dollars mysteriously moving from Bitget-labeled wallets now has an answer. Bitget founder Gracy Chen disclosed Thursday that the crypto exchange suffered unauthorized transfers from portions of its hot and warm wallet infrastructure, with the damage estimated at approximately $351.6 million. Tens...

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