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3rd Incident Hits bZx - Debt Up by USD 8m, Team Still Praises the Protocol


DeFi lending protocol bZx (BZRX) confirmed that "due to a token duplication incident" its insurance fund "has transiently" accrued debt of around USD 8m. At pixel time (08:05 UTC), BZRX, ranked 138th by market capitalization, trades at USD 0.439 and is down by 32% in a day...

Covid-19 hits Japanese Q2 GDP by 28.1%


According to the revised figures, the Japanese GDP is shrinking from quarter to quarter. On Tuesday morning, the final readings from the cabinet office revealed that the second quarter annualized Gross Domestic Production (GDP) of Japan was confirmed at -28.1 percent (from an estimation of -28.5...

Bitcoin Mining Difficulty Hits a New Record, Estimated to Rise Further


The difficulty of mining bitcoin (BTC) has just reached another all-time high, after rising more than expected during today’s difficulty adjustment. Meanwhile, the network’s hashrate is still below its all-time high from back in July. As reported five days ago, bitcoin’s mining difficulty, which...

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