Major cryptocurrencies recorded a mixed trading session on Tuesday evening after Balancer, one of Ethereum’s prominent decentralized crypto trading projects uncovered a vulnerability that poses a potential risk of millions of dollars in crypto assets. As a precautionary measure, Balancer is advising affected customers to withdraw their tokens immediately.
The Securities and Exchange Commission (SEC) currently has several bitcoin ETF applications to review. However, it is uncertain whether a decision will be made this year. Traders are eagerly anticipating a court ruling in the lawsuit between Grayscale and the SEC. This lawsuit addresses the denial of Grayscale’s request to convert its Bitcoin Trust (GBTC) into an ETF.
