The $100 million-plus hack of Multichain has caused another Fantom project to shutter its doors. Russia will begin testing its in-house central bank digital currency (CBDC), the digital ruble, on Aug. 15 in partnership with 13 local banks. Meanwhile, BlackRock (NYSE:BLK) insiders say a spot Bitcoin (BTC) exchange-traded fund (ETF) could land before February, according to Galaxy Digital CEO Mike Novogratz.
The recent exploit of cross-chain protocol Multichain has left another Fantom project dead in its wake — SpiritSwap confirmed on Aug. 9 that it would begin winding down operations on Sept. 1.