CoinDesk buys crypto data provider CCData and CryptoCompare

CoinDesk has acquired crypto data provider CCData and its retail arm CryptoCompare, which serves over 300,000 active users, the company announced on Oct.16. CCData is a U.K.-regulated benchmark administrator and one of the leading digital asset data and index solutions providers.

CoinDesk plans to integrate CCData's platform into its existing products.

Radiant Capital $51m hacked

Radiant Capital $RDNT has been hacked, with over $50M stolen from Binance Smart Chain (BSC) and Arbitrum. The funds are being converted to ETH on Tornado Cash.

For anyone who might have interacted with Radiant Capital smart contract, revoke the approval ASAP via http://revoke.cash

ARB: 0xF4B1486DD74D07706052A33d31d7c0AAFD0659E1

Base: 0x30798cFe2CCa822321ceed7e6085e633aAbC492F

BSC: 0xd50Cf00b6e600Dd036Ba8eF475677d816d6c4281

ETH: 0xA950974f64aA33f27F6C5e017eEE93BF7588ED07

Meanwhile, the project team offers $10M in $RDNT Reimbursement Funds for users impacted by the recent issue. If you lost funds, check your eligibility for reimbursement at https://radiantcapital.support/refund

BlackRock wants exchanges to use its BUIDL token as collateral

The world’s biggest asset manager BlackRock and its brokerage partner Securitize, are in early talks with some of the largest global crypto exchanges including Binance, OKX and Deribit, about using BlackRock’s new BUIDL token (its money-market digital coin) as collateral for derivatives trades. Crypto prime brokers FalconX and Hidden Road already allow BUIDL’s use as collateral.

According to https://stomarket.com/sto/blackrock-usd-institutional-digital-liquidity-fund-buidl, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) provides qualified investors with U.S. dollar yields by subscribing to the Fund through Securitize Markets, LLC. Through the tokenization of the Fund, BUIDL will offer investors important benefits by enabling the issuance and trading of ownership on a blockchain, expanding investor access to on-chain offerings, providing instantaneous and transparent settlement, and allowing for transfers across platforms. BNY Mellon will enable interoperability for the Fund between digital and traditional markets. The Fund invests 100% of its total assets in cash, U.S. Treasury bills, notes and other obligations issued or guaranteed as to principal and interest by the U.S. Treasury, and repurchase agreements secured by such obligations or cash.

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