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Defi Trader Pockets $250k From Bug Exploit, Hints at Possible Exit Scam by $SYFI Devs
10.9.2020
An anonymous Defi trader says he gained almost $250 000 after inadvertently exploiting a rebase bug embedded in the $SYFI Defi token. The trader, who insists he had no prior knowledge about the bug, got this reward after staking an initial investment of 0.5 ETH or about $175 at current prices. In...
DistX is Taking the Crypto World by Storm
10.9.2020
After selling out their own token sale in just 57 seconds in late August, DistX have been making headlines and attracting a lot of attention. The reason for the hype? Their unique tokenomics offering some of the most interesting and significant rewards to DISTX token holders. DistX is building...
6 Members of the Multi-Billion Dollar Plustoken Scam Charged With Fraud in China
10.9.2020
Following the arrest of 109 accused members of the $6 billion Ponzi scheme called Plustoken, six alleged members of the team were prosecuted according to a court filing submitted on Monday. The prosecutors say the individuals are “suspected in organizing and leading criminal pyramid...
Uniswap Adds 1,000 New Token Pairs in One Week; Buyers Beware
9.9.2020
The exchange now supports nearly 10 times more pairs than Binance
Binance crypto exchange delists its own token on Uganda platform
9.9.2020
BNB seems to have failed to meet certain standards on Binance's Uganda platform
NFT market’s RARI token sees 100% gain after CoinFund investment
9.9.2020
NFT marketplace Rarible has received an undisclosed investment from CoinFund amid a transition to community governance
Arca to Gnosis: Show Us a Turnaround Plan or Give Investors’ Money Back
9.9.2020
In addition to wads of cash and the aura of respectability, institutions are bringing Wall Street’s activist investing strategies to crypto markets
CoinDesk 20 Update: OXT Is In, BAT Is Out
8.9.2020
The CoinDesk 20 has made its first change since launching in July: Orchid (OXT) has replaced the Basic Attention Token (BAT)
Andrew Yang would love this new token project, but can it succeed?
8.9.2020
This initiative wants to turn Universal Basic Income into a global reality
Polkadot Token Faces Decisive Moment As It Settles In The Top 10 Club
8.9.2020
Polkadot (DOT), a shared protocol focused on “true [blockchain] interoperability” and one of the top 10 ICOs of 2017, trimmed its losses from last week over the weekend, with technical analysis suggesting the sell-off may be over for now.
As of press time on Tuesday (10:22 UTC), DOT was still down...
$700 Million Worth of Synthetic Bitcoin Is Circulating on the Ethereum Blockchain
8.9.2020
According to onchain data, there’s now 69,836 synthetic bitcoin tokens (over $700 million) circulating on the Ethereum blockchain. Out of the six synthetic bitcoin token projects, wrapped bitcoin (WBTC) commands the largest number of coins with over 63% and 44,622 WBTC. Synthetic bitcoin...
Ethereum Developers Weigh Gas Rule Change to Ease Fee Pressure
7.9.2020
As Ethereum fees soar, a proposal to nix “gas tokens,” which let users prepay fees when they’re cheap and spend them later, is getting renewed attention
Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe
7.9.2020
Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2.75 on September 6. The highest average daily...
Opium Protocol Allows Traders to Hedge or Bet Against the Stablecoin Tether’s Solvency
7.9.2020
Cryptocurrency traders can now protect their tether tokens or bet against the solvency of the stablecoin by leveraging a new crypto derivatives product from the Opium Protocol. Opium founder, Andrey Belyakov, claims the product is the “first CDS (credit default swap) on a centralized...
Defi’s Raw Deal: Sushiswap Creator Transfers Multi-Sig Control to FTX CEO
6.9.2020
After a number of individuals from the crypto community accused the anonymous developer Chef Nomi of exit scamming, the developer transferred the project over to Sam Bankman-Fried, the CEO of the trading platform FTX. On Saturday, September 5, the decentralized finance (defi) community got upset...
Sushiswap Founder Reportedly Exit Scams as Sushi Token Price Tanks
5.9.2020
The anonymous founder of Sushiswap has reportedly exit scammed after converting all of his sushi tokens to ETH on September 5. Reports of the alleged scam came a few after the sushi token, which forked from the Uniswap protocol, went up in value to $10 in just 24 hours. A Twitter user Spensernoon...
Brazil Dips a Cautious Toe in the CBDC Pool, Token May Debut in 2022
4.9.2020
Brazil has become the latest nation to unveil plans for a central bank digital currency (CBDC), and may unveil the digital real in two years’ time – but the token’s would-be architects added an all-too-familiar, non-committal caveat.
Per an official release from the Banco Central do Brazil (BCB)...
Market Wrap: Bitcoin Tanks to $10.4K; ETH Market Cap Share at 2020 High
3.9.2020
Bitcoin’s price is dipping while ether’s share of the crypto market is at a level not seen since 2018
Stacks Foundation to Spend ‘Majority’ of STX Token Fortune on Ecosystem Development
3.9.2020
Grant ranging from $1,000 to $5,000 will be paid out in dollars. Once Stacks 2.0 goes live, the funding switches over to STX
Major South Korean Crypto Exchange Raided by Police in Alleged $25.2M Fraud Case
3.9.2020
South Korean police raided the country’s largest cryptocurrency exchange, Bithumb on September 2 as part of an investigation of fraud allegedly committed by the organization’s main shareholder. With the recorded number of visitors to the platform touching 4.11 million between May...