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?
Bitcoin SV (BSV) Hits a Two-Month High: Is It a Rally?
30.8.2021
If there is an underrated cryptocurrency in the last two years, Bitcoin SV tops the list because of its price action and consistently higher trading valuation. While most cryptocurrencies remained dormant for the entirety of 2020, BSV was trading with support at $150 and profit booking close...
Russian man gets three-year sentence for stealing a friend’s mining rig
30.8.2021
The 34-year old convict was reportedly not able to make use of the stolen mining equipment due to a “lack of relevant knowledge.”
Bilaxy exchange suspends website after ERC-20 hot wallet hack
30.8.2021
Bilaxy cryptocurrency exchange is yet to announce the value of funds lost to a hacking incident that occurred on Aug 28
Crudeoil Finance Enters Into a Strategy-Based Partnership With Shibanova
30.8.2021
Users were overjoyed to learn that Crudeoil Finance partnered with Shibanova, one of the most well-known initiatives in the Binance Smart Chain field. Shibanova has already been working on a full ECO system centered on the Binance Smart Chain, which comprises a DEX (AMM), farming system, and other...
SOL burn? Solana price hits $100 for the first time after mysterious 'Ignition' event revealed
30.8.2021
Traders push their SOL/USD bids higher after Solana teases the community with "ignition," a mysterious feature that will go live on Aug. 31
Doki Doki Assimilates Chainlink VRF for NFT Gachapon Machine
30.8.2021
The NFT Gacha organization, Doki Doki, has announced that its new Gachapon implements have been boosted with the aid of Chainlink VRF. It is the leading solution provider in the blockchain industry for making smart contracts insulated from tampering. It will also ensure the smooth random number...