ArkotNews

The exploiter will retain 20% of the stolen funds as a bug bounty.

Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.

MonkeDAO, a decentralized autonomous organization formed by owners of the Solana Monkey Business NFT project, will purchase all intellectual property rights to the collection from its current owner HadesDAO.

Finance chief Paul Chan said in a blog post that despite recent volatility in crypto, now is the time to push forward Web3 technologies.

The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.

A proposal would divvy up Rook’s nearly $50 million crypto treasury between Rook Labs, which builds MEV technology, and the new Incubator DAO.

‘White hat’ hackers are working to recover more of the stolen funds as of Monday.

The token was up more than 5%. Institutional investors remain in wait-and-see mode, says one analyst.

ETH’s share of the total crypto market capitalization rose to a one-month high, according to TradingView data.

Developers asked users to revoke contracts as a security measure early Sunday.