What is a hedge fund? Hedge funds, named for their original purpose of hedging against market risks, gather funds from various investors to diversify across assets, aiming to mitigate market risks. A hedge fund is an investment fund where capital from various institutional and individual investors is combined and put toward a range of assets,…

Ethereum infrastructure firm Nethermind has fixed a “critical” bug in several versions of its execution client that reportedly caused users to fail to process blocks on Ethereum. While the situation affected the users of Nethermind, a minority client, the incident has led some Ethereum community members to reiterate the importance of diversifying away from the…

A group of cryptocurrency scammers have managed to rug pull over 42,000 victims for over $32 million since April 2023 via a novel method that has even fooled some of the industry’s “rug pull detectors,” according to a blockchain security firm. Like many cryptocurrency rug-pull scams, the scammers create tokens impersonating a soon-to-be-launched crypto project…