Maker (MKR), one of the prominent players in the decentralized finance (DeFi) space, has experienced a remarkable 11% price surge in the past seven days. Despite a slight drop in the last hour, the token’s performance remains impressive. Maker (MKR) Bullish Price Sentiment Maker’s recent price performance has been noteworthy, with a solid 11% increase …
Continue reading “Maker (MKR) Signals Bullish Price Formation – Is $1.300 Around The Corner?”
This time around, Elon Musk, the CEO of SpaceX and the world’s largest manufacturer of electric vehicles, Tesla, is creating a flurry of excitement around cryptocurrencies, maybe with a particular focus on Dogecoin, the well-known parody cryptocurrency. The crypto community has taken note of Musk’s recent acts since they continue to demonstrate his influence in …
Continue reading “Dogecoin Leaps 13% Following Elon Musk’s Cryptic Tweet – Details”
The popularity of liquid staking tokens could usher in a new age for Ethereum and the rest of cryptocurrency — and play a key role in the new bull market. Opinion Join us on social networks Before we know it, liquid staking tokens (LSTs) are going to replace Ethereum’s native cryptocurrency, Ether (ETH). The LST …
Continue reading “Ethereum is about to get crushed by liquid staking tokens”
A number of pools using Vyper have been exploited due to a malfunctioning reentrancy lock that potentially exposes all pools with wrapped Ether (WETH). News Join us on social networks Decentralized finance (DeFi) protocols are undergoing a stress test following a critical vulnerability was found on versions of Vyper programming language, resulting in the theft …
Continue reading “Vyper vulnerability exposes DeFi ecosystem to stress tests”
Multiple stable pools on Curve Finance have been exploited for over $26 million in wETH and CRV. The affected stable pools were using Vyper which had a malfunctioning reentrancy lock. The exploit was followed by a second attack on the crv/eth pool, which led to an outflow of another $14 million. Native token CRV lost …
Continue reading “CRV Tanks 19% After Curve Finance Loses $46 Million In Exploits”
Global banking giant UBS has been fined more than a quarter billion dollars for misconduct at Credit Suisse, its new subsidiary acquired in June. In a press release from the Board of Governors of the Federal Reserve, the Fed says the charges are centered on Credit Suisse’s “unsafe and unsound counterparty credit risk management practices” …
New data from market analytics platform Santiment reveals that mid size crypto investors have been scooping up Shiba Inu (SHIB) at a rapid rate over the last two months. According to Santiment, crypto sharks and dolphins have accumulated $9 million worth of the memecoin during the last eight weeks, a “significant amount” for the Dogecoin …
The Department of Justice (DOJ) says it is unsatisfied with FTX founder Sam Bankman-Fried’s current bail terms after the disgraced crypto entrepreneur allegedly tampered with witnesses and went out of his way to obstruct investigations. In a court filing, the DOJ asks Judge Lewis Kaplan to revoke Bankman-Fried’s bail and put him in detention due …
Several stable pools on Curve Finance using Vyper were exploited on July 30. Vyper versions 0.2.15, 0.2.16 and 0.3.0 are vulnerable to malfunctioning reentrancy locks. Breaking news Join us on social networks Update (July 30, at 7:55 pm UTC): This article has been updated to provide more details about the exploit Several stable pools on …
Bitcoin’s price consolidation is giving altcoin traders confidence that DOGE, MKR, OP and XDC could break out. Price Analysis Join us on social networks Bitcoin (BTC) has been stuck in a narrow range for the past several days. A minor positive is that the range has formed near the recent local high. This suggests that …
Continue reading “DOGE, MKR, OP and XDC gather strength as Bitcoin price remains range-bound”
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is once again sounding the alarm on crypto exchanges, saying that the platforms are not working in the best interests of their users. In a new Bloomberg interview, Gensler says that companies issuing crypto tokens are not being 100% honest with their investors. The SEC chair …
During a recent interview with Bloomberg Wealth, Novogratz touched on topics ranging from investing to Ripple’s case and Larry Fink. News Join us on social networks Galaxy Digital’s founder Mike Novogratz shared what an ideal investment portfolio would look like for a young and high-risk tolerance investor during an interview with Bloomberg Wealth, saying that …
Continue reading “Alibaba, silver, gold, Bitcoin, Ethereum: Mike Novogratz’s ideal portfolio”
Arthur Hayes, the co-founder of crypto exchange BitMEX, believes artificial intelligence (AIs) will use decentralized autonomous organizations (DAOs) to organize themselves. In a blog post, Hayes wrote: “The DAO structure will allow AIs and humans to collaborate and serve as the organisational structure that allows the AI + human economy to grow and flourish.” Since …
The decentralized autonomous organization (DAO), as a form of organizational structure, has all the potential to be the future of organizing for any group size, type, and purpose. DAOs are built with transparency, democratization, and automation in mind — making them ideal for any organization that wants to govern effectively and equitably, in theory. In …
Continue reading “Op-ed: DAOs face growth barriers due to complexity and centralization issues”
An executive at the top US crypto exchange Coinbase is issuing a warning, saying that macroeconomic factors are creating headwinds for markets in the short term. In a new interview with Scott Melker, David Duong, Coinbase’s head of institutional research, says that the rising strength of the US dollar and the relatively hawkish stance of …
