The exploit, caused by a rounding error vulnerability in one of zkLend’s smart contracts, siphoned off millions in user funds and marked the beginning of a rapid unraveling for the project. Despite attempts to negotiate with the attacker, including a proposed 10% bounty offer, zkLend was unable to recover the stolen funds.
The partnership marks a significant milestone for Al-Futtaim Technologies as it supports ConvoZen’s first expansion beyond India and into international markets, leveraging Al-Futtaim Technologies’ deep regional presence, enterprise relationships, and technology expertise to bring advanced CX intelligence capabilities to organizations across UAE, KSA, and Qatar.
At one level, CoinDCX is doubling down on its “Made in India” compliance narrative just as a rival quietly exits Indian jurisdiction. At another level, it’s a company restructuring leadership while increasingly focusing on markets where crypto regulation is actually functional.
The new unit consolidates Bybit’s existing institutional teams under one roof. It will be led by Yoyee Wang, a former portfolio manager at the Royal Bank of Canada who most recently headed Bybit’s global treasury.
Priced at $1.35 per share, the PIPE represents a 121 percent premium over Asset Entities’ (ASST) previous closing price. The deal structure includes no debt, allowing Strive to preserve future borrowing capacity and maximize equity-driven returns.
