Binance Free Withdrawals Promotional Offer Ends in Brazil
30.8.2021
For months, Binance has been allowing free withdrawals in Brazil for the purpose of promotions. However, it is likely to be discontinued soon. It was announced that Brazilians will now have to pay a certain amount per transaction. As per reports, from September 1, 2021, Binance will withdraw...
Fantom Rallies, Solana Hits USD 100 on Continued DeFi, NFT Craze
30.8.2021
The smart contract platform Fantom and its FMT token stood out as the big winner in the crypto market today, after a massive weekend price rally fuelled by growth in the decentralized finance (DeFi) and non-fungible token (NFT) trading. Meanwhile, the Solana network’s native token SOL also shot...
Tezos (XTZ) Makes Full-Fledged Attempt to Retest Its ATH Levels
30.8.2021
With a massive run of 45% in just a week, XTZ has become a flashing cryptocurrency for investors, who are considering it as the next big thing in the crypto world. Tezos cryptocurrency has a current market capitalization of $4.8 billion and ranks in the 30th position among the...
Cream Finance DeFi platform loses $19M in a flash loan hack
30.8.2021
The Cream Finance hacker gained $18.8 million by exploiting a reentrancy bug in the AMP token in a set of 17 transactions
Standard Chartered launches blockchain trade platorm with Chinese fintech
30.8.2021
The joint venture operating the new blockchain-powered platform will be headquartered in Singapore and led by SC Ventures' Amelia Ng as CEO
KardiaChain to Amplify Social Media Benefits by Partnering With Blockster
30.8.2021
The revolution of social media platforms has enabled people to be connected in seconds. These platforms are all the more useful when one wants to know about crypto news and updates. Keeping these pointers in mind, KardiaChain is partnering with Blockster to keep crypto enthusiasts aware of...
Cream Finance Suffers USD 25M Flash Loan Attack
30.8.2021
Decentralized finance (DeFi) project Cream Finance (CREAM) confirmed that they've suffered an exploit today.
"C.R.E.A.M. v1 market on Ethereum has suffered an exploit, resulting in a loss of 418,311,571 in AMP and 1,308.09 in ETH, by way of reentrancy on the AMP token contract," the team...
Best and Trusted Mining Sites
30.8.2021
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Introduction
Contrary to popular myth, cryptocurrencies do not come in by themselves. They are mined using computer calculations. However, it was much easier to do ten years ago, and miners...
El Salvador: Government Supporters Dismiss Bitcoin ‘Protests’
30.8.2021
Source: A video screenshot, Reuters
With just days to go until bitcoin (BTC) becomes legal tender in El Salvador, resistance to crypto adoption is continuing – while pro-BTC advocates are dismissing opposition to adoption and looking forward to the dawn of a new financial paradigm.
Reuters (via...
Umbrella Network Collaborates With Genesis Volatility
30.8.2021
Known for its highly-efficient, scalable, and trusted oracle services devoted to DeFi and blockchain firms, Umbrella Network has entered into a strategic partnership with Genesis Volatility, a renowned analytics portal for crypto options trading. With this collaboration, Umbrella Network will...
ECB Vice President States Crypto Should Be Regulated Like Other Assets
30.8.2021
European Central Bank (ECB) Vice President Luis De Guindos has stated he wants cryptocurrencies to be subject to the same rules that other assets are. The statements were offered in a presentation given as part of the summer courses offered by the European Parliament, where De Guindos declared...
Is the time right for $50K BTC? 5 things to watch in Bitcoin this week
30.8.2021
It's been a long time coming, but as yet, nothing has been able to propel BTC/USD over $50,000 for long. Is this week different?