Bitcoin’s hashrate has recovered from a temporary drop it saw over the past week over freezing temperatures in the United States, which put a strain on the country’s electricity grid and saw BTC miners in Texas voluntarily curtail operations.
Decentralized finance protocol Defrost Finance suffered a $12 million exploit that, according to blockchain security firm Peckshield, which cited “community intel,” could have been a rug pull.
District Judge Ronnie Abrams has withdrawn herself from the legal proceedings involving collapsed cryptocurrency exchange FTX and its former CEO, Sam Bankman-Fried, due to a potential conflict of interest.
Top stories in the Crypto Roundup today:
- Bitcoin’s Hashrate Recovers From 40% Plunge
- DeFi Protocol Defrost Finance Exploited Via Flash Loan
- Judge Withdraws From FTX Legal Proceedings Over Potential Conflict of Interest