Favour Okosodo

Favour Okosodo

Favour is a Web3 writer and news analyst who specializes in cryptocurrency news, blockchain developments, and market analysis, with an interest in how decentralized technologies are shaping finance, digital ownership, and the future of the global economy.

Shinhan Tests Korean Won Tokenized Fund on Solana

Shinhan Tests Korean Won Tokenized Fund on Solana

South Korea’s Shinhan Asset Management signed a four-party memorandum on August 21 with the Solana Foundation, Etherfuse and Orca to test a Korean won-denominated tokenized fund on the Solana blockchain. The proof of concept will cover the fund’s...

Ethereum User Loses 1,010 ETH in Tornado Cash Phishing Attack

Ethereum User Loses 1,010 ETH in Tornado Cash Phishing Attack

An Ethereum user reportedly lost 1,010 ETH after using an old Tornado Cash bookmark that allegedly redirected to a malicious frontend, according to community accounts tracking the incident. The reported loss is worth about $2.32 million at Ether’s...

Decred Issues Mandatory Update to Fix Critical Network and Privacy Flaws

Decred Issues Mandatory Update to Fix Critical Network and Privacy Flaws

Decred has released mandatory software update v2.1.6 to fix a critical consensus vulnerability, a potential attack on its transaction-mixing system and several network denial-of-service risks.  The project urged node operators, miners, exchanges and other network participants to upgrade...

Nexo Launches Crypto-Backed Credit Lines in Australia

Nexo Launches Crypto-Backed Credit Lines in Australia

Nexo Australia has launched crypto-backed credit lines, allowing eligible customers to borrow Australian dollars or stablecoins against supported digital assets. The launch on August 19 follows Nexo Australia becoming an authorised credit representative under Australia’s consumer credit framework....

Binance Shares Crypto Records With Russia in Terrorism Financing Case

Binance Shares Crypto Records With Russia in Terrorism Financing Case

Binance provided Russian investigators with identity and cryptocurrency transaction records linked to a Russian IT specialist, and the information was later cited in a terrorism financing case, Reuters reported on August 17. Russian investigators reportedly obtained Yuri Belenkiy’s...

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    ETH $2,421.96 +5.72% NU $469.04 +0.00% POLY $792.15 +0.00% APE $748.09 +0.00% FET $226.49 +0.00% ARPA $160.56 +0.00% GTC $2,668.91 +0.00% FORTH $4,194.39 +0.00% PLU $2,124.48 +0.00% MLN $10,448.26 +0.00% ETH $2,421.96 +5.72% NU $469.04 +0.00% POLY $792.15 +0.00% APE $748.09 +0.00% FET $226.49 +0.00% ARPA $160.56 +0.00% GTC $2,668.91 +0.00% FORTH $4,194.39 +0.00% PLU $2,124.48 +0.00% MLN $10,448.26 +0.00%