DeFi lending protocol Moonwell suffered approximately $1.78 million in bad debts due to an oracle misconfiguration.

The post Valour launches bitcoin staking ETP on London Stock Exchange appeared on BitcoinEthereumNews.com. Valour Digital Securities, a subsidiary of DeFi Technologies, has launched its Bitcoin Physical Staking exchange-traded product (ETP) on the London Stock Exchange, the firm announced on Friday. The listing expands Valour’s yield-bearing bitcoin product beyond mainland Europe, where it has traded since November 2024 on Germany’s Xetra market. The ETP is restricted to professional and institutional investors under current UK regulations, with retail access expected to open on October 8 under new Financial Conduct Authority rules. The product, listed under ticker 1VBS, is physically backed 1:1 by bitcoin held in cold storage with Copper, a regulated custodian. It offers an estimated annual yield of 1.4%, which is distributed by increasing the product’s net asset value (NAV). Yield is generated through a staking process that uses the Core Chain’s Satoshi Plus consensus mechanism. Rewards earned in CORE tokens are converted into bitcoin and added to the ETP’s holdings. Valour has emphasized that while the process involves short-term lockups during stake transactions, the underlying bitcoin is not subject to traditional staking risks such as slashing. The launch comes as the UK begins to loosen restrictions on crypto-linked investment products. Earlier this year, the Financial Conduct Authority moved toward allowing retail access to certain crypto exchange-traded notes and products, a shift that will test demand for regulated, yield-bearing bitcoin exposure. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/valour-launches-bitcoin-staking-etp

The post Guillermo Del Toro’s ‘Frankenstein’ To Play In Some IMAX Theaters appeared on BitcoinEthereumNews.com. Jacob Elordi and Oscar Isaac in “Frankenstein.” Netflix/Ken Woroner Frankenstein — writer-director Guillermo del Toro’s adaptation of the classic Mary Shelley novel — will play in some IMAX theaters during the film’s upcoming theatrical run before it heads to Netflix. Frankenstein, which is the Oscar-winning filmmaker’s lifelong passion project, will begin its limited run in theaters on Oct. 17 before arriving on Netflix on Nov. 7. The film held its world premiere at the Venice International Film Festival in late August and also played at the Toronto International Film Festival earlier this month. ForbesHit Horror Thriller ’28 Years Later’ Is New On Netflix This WeekBy Tim Lammers While the exact number of theaters Frankenstein will be playing in is yet to be announced, IMAX CEO Rich Gelfond revealed Thursday at the Axios Media Live conference in New York that some of the theaters are IMAX venues. “It really is a theatrical movie,” Gelfond told attendees at the conference (via Deadline). “You know, Frankenstein and IMAX [are] great synergy. He’s big. IMAX is big, loud,” noting it will debut in “a couple of weeks.” While Gelfond didn’t indicate the number of IMAX theaters Frankenstein will be playing in, Deadline noted that “it will be a quite limited footprint of about 10 screenings.” Forbes‘Karate Kid: Legends’ Gets Netflix Premiere DateBy Tim Lammers One audience has already had a look at Frankenstein in IMAX. According to The Hollywood Reporter, del Toro screened his IMAX cut of the film at the Busan International Film Festival in Busan, South Korea. Frankenstein stars Oscar Isaac as Dr. Victor Frankenstein, Jacob Elordi as Frankenstein’s Monster and Goth as Victor’s fiancée, Elizabeth Lavenza. The film also stars Christoph Waltz, Ralph Ineson, Burn Gorman, Felix Kammerer, Lars Mikkelsen, David Bradley, Christian Convery and Charles Dance. How Long Will Guillermo…

The post United Kingdom PPI Core Output (YoY) n.s.a fell from previous 3.2% to 2.9% in January appeared on BitcoinEthereumNews.com. Gold sticks to modest intraday