Some loans on Maker are never liquidated, prompting debt auction overhaul
Small loans for $100 are uninteresting to liquidators, and they’re cheap to stack up. Go to Source Powered by WPeMatico
Ethereum
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Big Tech Execs and Bitcoin: Skype Cofounder Keeps Personal Wealth in Crypto, Intercom Chairman ‘Firmly Jumps on the Bitcoin Wagon’
This week two well known tech executives revealed they have been dabbling in bitcoin and other cryptocurrencies. In a recent interview, Skype cofounder Jaan Tallinn detailed that he held bitcoin and ethereum in his personal finances, while the Intercom cofounder Eoghan McCabe tweeted on Sunday that he’s “jumped firmly onto the bitcoin wagon.” In 2020 … Read more
Value DeFi protocol suffers $6 million flash loan exploit
After a boast about the protocol’s resiliency, Value DeFi loses $6 million to exploit Go to Source Powered by WPeMatico
The Bitcoin price has only been higher than now for 12 days in its history
Bitcoin’s explosive gains are strongly reflected by the number of days it has closed above $16,320. Go to Source Powered by WPeMatico
The ‘Undo Button’ Wallet Tool Gives Users the Ability to Reverse Ethereum Transactions
On Thursday, November 12, 2020, the blockchain firm Kirobo launched a tool that allows users to reverse ethereum transactions. Similarly to the replace-by-fee (RBF) protocol leveraged by bitcoin users, ethereum transactions can be reversed as well with Kirobo’s “Undo Button” supported by Metamask or any wallet that supports walletconnect. The two top blockchain assets, in … Read more
Market Update: Bitcoin Spikes Over $16K, RSI Levels Warm Up, Price Retracts for Another Attempt
Digital currency markets have seen some decent gains this week, as the overall market valuation of all 7,000+ crypto assets is hovering above the $446 billion mark. Traders also watched the price of bitcoin jump above the $16k zone on Thursday for the first time since 2018. Bitcoin and a number of other crypto-assets have … Read more
Report: Blockchain Price Oracle Manipulation Produces Millions in Losses, Shows No Signs of Slowing
On November 9, a writer from the website samczsun.com published a report that shows a number of issues with price oracle manipulation stemming from a few blockchain applications. The researcher notes that price oracle manipulation has resulted in “over $30 [million] in losses so far.” According to the researcher from samczsun.com there’s been a substantial … Read more
WhiteBIT launches WhiteSwap DEX
PRESS RELEASE. TALLINN, Estonia, Nov. 10, 2020 – Leading cryptocurrency exchange WhiteBIT has launched WhiteSwap, a decentralized exchange (DEX) on Ethereum that gives control to the community. WhiteSwap aims to improve upon Uniswap V2 by giving 87% of governance tokens to the community, publishing a public vesting schedule for team and advisor tokens, and planning … Read more
LiquidStake set to unlock liquidity for Ethereum 2.0 Phase 0 stakers
The solution is centralized, but time is pressing. Go to Source Powered by WPeMatico
Ethereum Suffers from Unintended ‘Chain Split,’ Few Third-Party Services ‘Got Stuck on Minority Chain’
According to a number of third party infrastructure providers, the Ethereum blockchain suffered an unintended hard fork or chain split on Wednesday. The service providers Infura, Binance, and Blockchair all reported issues with consensus at block height 11,234,873. The cryptocurrency community has been discussing an unintended chain split that took place on the Ethereum blockchain … Read more