Hackers are using the ‘classic EIP-7702’ exploit to snatch WLFI

Hackers are using the ‘classic EIP-7702’ exploit to snatch WLFI

World Liberty Financial token holders are reportedly being drained of their WLFI tokens. One security expert points to a phishing exploit tied to Ethereum contracts. World Liberty Financial’s (WLFI) governance tokenholders are being hit with a known phishing wallet exploit using Ethereum’s EIP-7702 upgrade, SlowMist founder Yu Xian says. Ethereum’s Pectra upgrade in May introduced…

Read More
Investment advisers ’dominating’ with .3B in Bitcoin, Ether ETFs

Investment advisers ’dominating’ with $18.3B in Bitcoin, Ether ETFs

Crypto analysts told Cointelegraph investment advisers increasing their Ether and Bitcoin exposure signals a shift to portfolio-driven allocations, with more room to grow. Investment advisers are the largest trackable cohort outside of retail that are buying Bitcoin and Ether exchange-traded funds, according to new data from Bloomberg Intelligence.  Bloomberg ETF analyst James Seyffart said in…

Read More
Kalshi taps influencer to head crypto arm

Kalshi taps influencer to head crypto arm

The self-described university dropout came to the attention of Kalshi’s executives due to his social media activity. Prediction market platform Kalshi has hired digital assets influencer John Wang as its head of crypto in a move the CEO called “betting on slope.” In a Monday notice, Kalshi CEO Tarek Mansour said the company had hired…

Read More