Disclosure: This is a sponsored post. Readers are encouraged to conduct further research prior to taking any actions. Learn more › The proliferation of new platforms may appear to make transacting digital assets easy, however, many are plagued with a lack of liquidity, low downtime, regulatory challenges, and other porous security inadequacies. This shortcoming created …
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66% of all Dogecoin (DOGE) holders are ‘in profit,’ data shows The majority of current Dogecoin (DOGE) holders are reaping profits as the most famous meme token rallied 24,7% during the past seven days, while the price of Ethereum (ETH) grew 18,9% and the price of Bitcoin (BTC) rose 15,5%. 1 read → Go to …
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According to findings from the Continental Migration Report 2021, remittances to African countries are projected to decrease from the $44 billion recorded in 2020 to $41 billion. The Covid Effect As expected, the Covid-19 pandemic is identified as one of the main causes of the decline. However, despite this projected 5.4 per cent drop, a …
Pnetwork, a multi-chain bridging protocol, announced it was hacked yesterday, losing 277 pbtc (its bridged version of bitcoin) on Binance Smart Chain. The protocol acknowledged that an attacker managed to exploit a bug in its codebase to take control of the stolen bitcoin. The bridging contracts are currently working as usual but with extra security …
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The Bank of Venezuela, one of the biggest state banks in the country, is now experiencing an outage that has left its customers without services for five days. The bank published a PR statement stating this was the result of a “terrorist attack” on the national financial system, being perpetrated in the form of a …
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As a number of Federal Reserve presidents have been criticized for their 2020 stock moves, Fed chairman Jerome Powell has been cast into the limelight for owning $1.5 million municipal bonds like the ones the U.S. central bank purchased in 2020 during the pandemic. All Eyes Are On Jerome Powell’s Municipal Bond Portfolio Three days …
sponsored ERTHA metaverse is Heroes of Might and Magic game-type inspired economic and social life built on a binance smart chain to explore and investigate the world by choosing specializations and increasing the strength of your NFT and country. Ertha’s globe consists of 350,000 HEX land plots, represented as NFTs. By owning a HEX land …
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Just six months after its launch, Terra‘s Anchor protocol surpassed $4 billion in total value locked (TVL). The Terra-native savings protocol offers users 18-20% yields on stablecoins and has quickly positioned itself at the forefront of DeFi. According to a recent report, the protocol is set to continue its growth, albeit at a slower and …
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Recent weeks have seen a renaissance in NFTs as trade volumes surge, and high-profile sales continue with no sign of letting up. While proponents say this as indicative of a “culture shift,” others contend that there’s more to this than meets the eye. Namely that, sky-high prices are driven by money laundering. In sharing his …
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The deadline for cryptocurrency exchanges and wallet operators to comply with the new regulatory requirements to stay open in South Korea is this week. So far, only one crypto exchange has been licensed to continue operations. About 60 crypto exchanges are expected to either shut down or reduce services. 60 Crypto Exchanges Expected to Shut …
Turkish President Recep Tayyip Erdoğan has clarified the government’s stance on cryptocurrencies, stating that the country is at war with crypto. He emphasized that Turkey will continue with its own currency. A War and a Struggle Against Cryptocurrency Turkish President Recep Tayyip Erdoğan answered some questions from young people in the “Meeting with Youth” program …
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A South Korean province has seized cryptocurrencies worth over $5 million from 1,661 investors who were more than $12 million in arrears on their fines in total. The seizure followed an investigation of nearly 30,000 companies and individuals as well as their cryptocurrency holdings at four exchanges. Korean Province Confiscates Cryptocurrencies for Unpaid Fines The …
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Dogecoin slips to the tenth spot on CoinMarketCap, having been leapfrogged by USDC today. Although the difference in market cap between the two is relatively surmountable, at $213.4 million at the time of writing, the event still represents a continual bleed of significance for the controversial meme coin. Despite attempts to revive interest in Dogecoin, …
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pNetwork, a cross-chain DeFi protocol built on the Binance Smart Chain (BSC), suffered an attack that drained over $12 million from the protocol. According to a series of tweets posted by the pNetwork, an attacker was able to leverage a bug in the protocol’s codebase and steal 277 pBTC—Bitcoin wrapped in the pNetwork ecosystem. 1/N …
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On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that …
