In the past week, Consensys confirmed that a consultant working on MetaMask had links to North Korea, though no assets or data were compromised. Dutch crypto exchange Knaken was declared bankrupt by a Rotterdam court after approximately €7 million ($7.6 million) in customer funds went missing. Injective submitted Form TA-1 to the U.S. SEC to register as a transfer agent, aiming to record tokenized securities on-chain. Meanwhile, Robinhood Chain saw over $70 million worth of Ethereum bridged to its network within its first two weeks, signaling strong early interest.
Consensys, the company behind the Ethereum wallet MetaMask, confirmed that a consultant introduced through a third-party provider was later found to have links to North Korea. The developer worked with MetaMask for about a month and contributed to code before their access was terminated. Consensys said it temporarily suspended product releases to investigate but found “no evidence that assets or data were stolen, malicious code was deployed, or users were affected.”
A Rotterdam court declared the local crypto exchange Knaken bankrupt after prosecutors alleged that approximately €7 million ($7.6 million) in customer funds were missing. Users had been unable to access the platform for about a month since it halted operations in June. The court concluded that Knaken did not have enough assets to repay all customers.
The team behind Injective submitted Form TA-1 to the SEC to register as a transfer agent. If approved, Injective could maintain official ownership records for tokenized securities directly on-chain. The approach aims to represent a practical attempt to connect public blockchains with regulated U.S. capital markets.
Robinhood Chain’s first two weeks saw over $70 million worth of Ethereum bridged to the newly launched network. These early inflows suggest significant interest, but the real test will be whether the liquidity remains after the initial hype and develops into sustained trading and application usage.
