Analyses

Daily News Summary 6/8

Hedge Fund Giant Capula Holds $464 Million in Spot Bitcoin ETFs

London-based Capula Investment Management has reported holding $464 million worth of shares in spot Bitcoin ETFs issued by BlackRock and Fidelity. As Europe’s fourth-largest hedge fund, Capula manages approximately $30 billion in assets. The financial report reflects the firm’s holdings as of the end of the second quarter.

Ronin Bridge Shut Down

The Ronin crypto bridge service has been temporarily shut down following a whitehat attack in which $9 million worth of tokens were removed from the platform. According to a statement from the Ronin Network, the bridge will remain paused while they investigate the whitehats’ report on a potential MEV (Miner Extractable Value) exploit. The bridge currently secures over $850M which is safe.

Starknet CEO Resigns

The Starknet Foundation has announced that Diego Oliva has resigned from his position as CEO, a role he has held since March 2023. James Strudwick, who has been with the foundation since January 2024, will take over as CEO. According to the announcement, Oliva will stay on for a short period to assist with the transition.
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