DxSale exploit drains $7.3M in BNB through hidden contract backdoor

Vaneck has officially launched the first spot BNB exchange-traded fund (ETF) in the United States, granting standard brokerage accounts direct exposure to the Binance ecosystem. Institutional Capital Flows Toward Binance’s Native Asset Global asset manager Vaneck has officially launched the Vaneck BNB ETF, trading under the ticker VBNB on the Nasdaq. As of Thursday, standard […]

DxSale was drained for about $7.3 million from BNB Chain liquidity providers, raising fresh concerns over old DeFi locker contracts.

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum is down 6% this week after sellers managed to put pressure on the $2,000 support. At the time of this post, this level appears to be holding, but only by a thread. Another push later could turn it […]

On May 27, decentralized finance platform Stake DAO suffered an infinite-minting exploit on its Arbitrum protocol. However, Stake DAO core contributors quickly secured the mainnet funds backing the tokens, shut down the vsdCRV bridge, and successfully contained the exploit. Infinite-Minting Loophole Triggers Exploit Decentralized finance ( DeFi), platform Stake DAO confirmed May 27 that its […]

The post First U.S. Spot BNB ETF Goes Live as VanEck Launches VBNB appeared on BitcoinEthereumNews.com. The first ’40 Act BNB ETF in the U.S. will launch today as asset manager VanEck debuts its VBNB fund. The Binance coin becomes the latest altcoin to have its own spot ETF, closely following the recent launch of the Hyperliquid ETFs. VanEck’s BNB ETF Launches On The Nasdaq In a press release, VanEck announced the launch of its VBNB fund, the first U.S. ETF to provide spot exposure to the BNB token, the native asset of the BNB network. The firm’s Senior Investment Analyst, Patrick Bush, noted that the network is one of the most actively used in the world, with 14 million daily transactions and over 2.5 million daily active users. Bush added that the BNB token, which also has ties to the top crypto exchange Binance, has been one of the “most resilient” major cryptos during the recent market cycle, holding steady despite significant drawdowns in other layer-1 tokens. The BNB ETF joins a

VanEck has launched the first U.S. spot BNB exchange-traded fund while Binance Coin traded lower alongside a broader crypto market sell-off tied to rising tensions between the United States and Iran. According to a press release issued by VanEck on…

VanEck's BNB ETF launch may spur increased institutional interest in BNB, but investors must consider Binance's regulatory challenges. The post VanEck launches first US spot BNB ETF under ticker VBNB appeared first on Crypto Briefing.

The physically backed fund gives US investors exchange-traded exposure to the Binance-linked cryptocurrency through traditional brokerage accounts.