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Harvest Finance Attacked, Reportedly USD 24M Lost, FARM Down 50%


Source: Twitter/@harvest_finance Another decentralized finance (DeFi) project, Harvest Finance, has suffered a flashloan attack that lasted for seven minutes, with reportedly at least USD 24m exploited. The DeFi side of the Cryptoverse has been on high alert in the last six hours, with many...

The UK and US Clamping Down On Crypto Trading – It's Not Yet A Big Deal


Gavin Brown is the Associate Professor in Financial Technology ant the University of Liverpool. The sale and promotion of derivatives of bitcoin and other cryptocurrencies to amateur investors is being banned in the UK by the financial regulator, the Financial Conduct Authority (FCA). It is...

China Drafts Law to Legalize Digital Yuan, Outlawing Competitors


China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...

Binance.com Was Down, Apps, APIs 'Worked Fine'


Major crypto exchange Binance confirmed that they were experiencing "temporary difficulties accessing Binance.com" on Tuesday morning (UTC time), however, "Mobile Apps, Desktop Apps, APIs all [worked] fine." "Homepage, Download, Trade, Futures, Accounts, Markets, Launchpad...

Bitcoin Bar ‘Room 77’ Shuts Down


Room 77, the German bar and restaurant that claims to be the first retail outfit in the world to accept bitcoin payments, has shut down. Cypherpunk Holdings chief economist Jon Matonis broke the news on Twitter. Bar owner Jorg Platzer later confirmed it on Reddit. “Room 77 is closing...

Imagine Regulators Shutting Tether Down - What Happens to Bitcoin?


Bitcoin (BTC), as a cryptoasset, is tethered to tether (USDT) tightly. Ever since becoming tradable in 2015, USDT has come to occupy an increasingly important part of the bitcoin and wider cryptocurrency ecosystem. Now, USDT is the third-biggest token by market capitalization, and by virtue...

How to Conditionally Add Attributes to Objects


JavaScript is full of tricks that you don’t know you want until you … want … them. Or maybe just until you see them. One trick I recently realized was conditionally adding attributes to React elements. Of course this trick essentially boils down to conditionally adding properties...

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