Société Générale (SocGen), France’s third-largest listed bank, made its foray into blockchain-based financial solutions by issuing its first digital green bond — amounting to €10 million — on a public blockchain, as per a Dec. 4 press release. Following the European Investment Bank’s (EIB) recent digital bond launch on a private blockchain, the French lender’s initiative marks another step towards the widespread adoption of blockchain technology in the global financial sector. The issuance not only highlights the growing trust in blockchain as a disruptive tool for sustainable finance but also ..read more

The total value of assets under management for crypto-related investment products surged 107% to $46.2 billion on the heels of the tenth consecutive week of inflows recorded by these products. Per CoinShares’ weekly report, crypto products recorded a robust inflow of $176 million during the past week, bringing its total for the 10-week influx to an impressive $1.76 billion. The asset manager noted this sustained influx is the most substantial since Oct.2021, coinciding with the launch of a futures-based ETF in the United States. Notably, these inflows have amplified Exchange Traded Products (E ..read more

Mantle, the DAO-led web3 ecosystem, today unveiled its Mantle Liquid Staking Protocol (LSP) as a key addition to the Mantle Ecosystem, offering users a novel way to engage with Ethereum’s proof-of-stake (PoS) validator network, according to a statement shared with CryptoSlate. The Mantle LSP is a permissionless and non-custodial Ethereum (ETH) liquid staking protocol, functioning on Ethereum L1 and governed by Mantle. It stands as the second core product of the Mantle Ecosystem, following the Mantle Network L2. Mantle posits that the introduction of Mantle Staked Ether (mETH), a value-accumula ..read more

Bitcoin’s (BTC) price zipped past $41,000 for the first time in the last 19 months earlier today, Dec. 4, fueled by the unending optimism surrounding a possible spot exchange-traded fund (ETF) approval in the U.S. The top digital asset gained more than 5% during the last 24 hours to trade at $41,448 as of press time, continuing an upward price movement that emerged over the weekend, according to CryptoSlate’s data. Data from Coinglass shows that BTC’s price action liquidated more than $70 million from short traders during the reporting period, with the single largest liquidation occurring on B ..read more

KyberSwap announced on Dec. 1 that it will offer grants in order to compensate users affected by a recent exploit. The decentralized exchange acknowledged that a recent attack drained $48.8 million of user funds from its elastic liquidity pools — a feature that allows users to stake cryptocurrency in order to earn interest or generate yield. KyberSwap explained: “Our present plan is for the KyberSwap Treasury to extend a grant to each user (who lost funds in the exploit and which have not been recovered) of an amount up to the USD value of such funds at the time when such funds were drained f ..read more

Spanish police have arrested a c who helped Ethereum developer Virgil Griffith violate U.S. sanctions and travel to North Korea, Reuters reported on Dec. 1. Local authorities reportedly discovered that Alejandro Cao de Benos was in Barcelona under a false identity and intended to travel by train to Madrid. Police arrested Cao de Benos at a Madrid train station on Nov. 30. Cao de Benos was released without conditions after appearing before a High Court judge on Dec. 1. Reportedly, an extradition process is pending, though the U.S. must formalize its extradition request and provide documentation ..read more

The Starknet Foundation has officially confirmed that it completed the snapshot for its upcoming STRK token airdrop, as announced in a Dec, 1st update on X. However, some community members have mistakenly interpreted the emergence of a recent snapshot to mean that the tokens will be distributed soon. The Starknet Foundation clarified that these screenshots are taken from drafts of front-end pages and do not reflect the actual drop. The Foundation said: “Please note that the screenshots contained draft plans that are still under development. The cut-off for any criteria used to determine who ..read more

Illuvium, an Ethereum (ETH)-based decentralized gaming platform, has joined forces with Team Liquid, a globally recognized esports organization, to beta-test the early access version of its game, Illuvium: Arena, according to a Dec. 1 statement shared with CryptoSlate. The collaboration aims to introduce blockchain gaming to a broader audience by showcasing gameplay through Team Liquid’s prominent gamers like Midbeast, SnoodyBoo, and Broxah. Over the past years, several blockchain-based games have failed to achieve mainstream success due to their perceived inferior quality. CoinGecko research ..read more

The U.S. Securities and Exchange Commission (SEC) began to accept comments on Fidelity’s proposed spot Ethereum ETF through a Nov. 30 filing. That filing indicates that the securities agency is now soliciting comments on a proposed rule change from Cboe BZX. If approved, that rule change will allow the exchange to list and trade Fidelity’s Ethereum Fund shares. The SEC’s request for comments resembles similar filings regarding other spot crypto ETF proposals. It asks for comments about surveillance, custodianship, and market manipulation, among other matters. Notably, the filing highlights a s ..read more

The hacker responsible for the $48 million KyberSwap heist has escalated their demands, now seeking complete executive control over the decentralized exchange (DEX). The hacker revealed the updated demands in an on-chain message sent on Nov. 30. They had previously expressed willingness to negotiate a bounty but complained of receiving threats and a general lack of friendliness from KyberSwap’s executive team on Nov. 28. Complete takeover The hacker’s latest demands include total control of KyberSwap and temporary and full ownership of KyberDAO, the platform’s governance mechanism. Additionall ..read more