Daily Crypto Report

"Yearn Finance Exploited" February 5, 2021

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Today’s blockchain and cryptocurrency news

Brought to you by ungrocery.com

Bitcoin is up 1% at $37,929

Ethereum is up slightly at $1665
and Polkadot is down 1% at 20.58.

Top gainers in the last 24 hours:

Maker up 37%
Cardano up 17%
Theta Token up 16%

Yearn Finance suffered an exploit in a DAI lending protocol.

LL Cool J, Paul Tudor Jones among backers of stealth crypto fund

Suzhou will give away about $5M in the latest digital yuan test.

Crosstower is launching a bitcoin fund

Stefan He Qin facing charges for $90M security fraud.

Links:

  • Founder Of $90 Million Cryptocurrency Hedge Fund Charged With Securities Fraud And Pleads Guilty In Federal Court | USAO-SDNY | Department of Justice
  • Suzhou to give away around $5 million in latest digital yuan test
  • yearn.finance on Twitter: "We have noticed the v1 yDAI vault has suffered an exploit. The exploit has been mitigated. Full report to follow." / Twitter
  • $72M Crypto Fund Backed by Paul Tudor Jones and LL Cool J Comes Out of Stealth - CoinDesk
  • CrossTower Launches Bitcoin Fund to Compete With Grayscale’s GBTC - CoinDesk

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