Bored with Bitcoin price, traders chase gains in altcoins and DeFi tokens
Bitcoin price is sideways and pinned below $11K, leading traders to seek greener pastures in altcoins and DeFi tokens. Go to Source Powered by WPeMatico
Month: September 2020
Kenya’s golf stablecoin highlights need for Africa-wide regulations
A stablecoin that will be used to pay entrance fees for the golfing tournaments of a Kenyan ‘entrepreneurs network’ has started testing under the local regulatory sandbox. Go to Source Powered by WPeMatico
Hacker steals $15m after degens pile into unreleased Yearn Finance project
Eminence, an unreleased project being built by Yearn’s Andre Cronje has been drained of $15 million. Go to Source Powered by WPeMatico
$30M MakerDAO ‘Black Thursday’ lawsuit sent to arbitration
A class-action lawsuit accusing MakerDAO of misrepresenting the risks associated with its DAI stablecoin has been stayed pending arbitration proceedings. Go to Source Powered by WPeMatico
Bitcoin’s Big Believers: 6-Digits ‘Inevitable,’ BTC Has a Better Chance of Going to $100K Than Zero
For a number of years now bitcoiners have predicted that the price of bitcoin will surpass its all-time high from 2017 and many believe it will rise to the $100k or six-digit price range. This week bitcoin enthusiasts discussed the possibility of the crypto asset reaching $100k at great length. In mid-December 2017, the price … Read more
Bulgarian exchange owner convicted over auction fraud scheme
The owner of a Bulgarian crypto exchange has been convicted of providing money laundering services to a Eastern European cyber fraud syndicate. Go to Source Powered by WPeMatico
Token Projects to Recover $130M from the Kucoin Hack, Devs Condemned for Centralization
The cryptocurrency community has been discussing the Kucoin hack as a great number of ERC20 projects have frozen, paused, or reversed their smart contracts after the hack. Estimates say that at least $129 million ERC20 tokens affected are considered “safe” from the hacker’s clutches. Additionally, evaluations show the breach may be much larger than originally … Read more
Soaring decentralized exchange volume suggests the DeFi craze is not over
Data shows decentralized exchange volume skyrocketed in the last 6-months and Uniswap leads the pack. Go to Source Powered by WPeMatico
Anonymous donor saves OpenBazaar… for now
OpenBazaar received a temporary lifeline, but they aren’t out of the woods yet. Go to Source Powered by WPeMatico
One of Hal Finney’s lost contributions to Bitcoin Core to be ‘resurrected’
While Hal Finney may no longer be with us, one of his proposals from 2011 may soon find its way to Bitcoin thanks to an expired patent. Go to Source Powered by WPeMatico