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Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit
28.6.2021
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price...
A, B, C Investment Rounds, Crypto Trader Attacked, Overpriced Coins + More News
15.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
The major crypto index fund manager, Bitwise Asset Management, said it raised USD 70m in a Series B round, valuing the company...
Edward Snowden Knocks Alex Gladstein’s Crypto Critique- ‘Worst Part of Dragon-Level Wealth Is People Devolve Into Dragons Themselves’
9.5.2021
On Saturday evening, the privacy advocate and well known whistleblower, Edward Snowden, spoke out against some criticism stemming from the Human Rights Foundation’s Alex Gladstein. Snowden attacked the tribalism taking place in the crypto space and said that some people “lose sight...
BSC-Based Uranium Finance Attacked, Millions on the Move
28.4.2021
Decentralized finance (DeFi) project on Binance Smart Chain (BSC), Uranium Finance, reported that it has suffered a security breach - with millions of dollars in ethereum (ETH) on the move and laundered through a popular privacy tool.
"Uranium migration has been exploited, the following...
Bitcoin vs Gold Debate: Frank Giustra Says BTC Not the Answer to All Problems, Crypto Proponents Exhibit Cult Behavior
23.4.2021
The bitcoin vs. gold debate between gold financier Frank Giustra and the pro-bitcoin Microstrategy CEO Michael Saylor took place this week. In what viewers call an “epic” debate and a “historic” event, Saylor packed his arguments full of facts to convince Giustra to sell...
Nigeria Money Printing Controvesy: CBN Governor’s Remarks Attacked, Government Denies It Financed Deficit via Money Printing
21.4.2021
The fallout sparked by reports that the Central Bank of Nigeria (CBN) printed over $150 million for states’ funding continued a few days after the allegations were initially made. In the latest twist, the opposition People’s Democratic Party (PDP) vice-chairman Dan Orbih said the...
An ECB Board Member Attacks Bitcoin, Says It ‘Does Not Fulfill the Basic Properties of Money’
10.4.2021
Isabel Schnabel, a board member with the European Central Bank (ECB), has attacked bitcoin claiming the crypto asset “does not fulfill the basic properties of money.” She also describes bitcoin as a “speculative asset without any recognizable fundamental value and is subject...
Bank of International Settlements Chief Says Cryptocurrencies Being Used to Evade Laws- Advocates for More Regulation
26.3.2021
Agustin Carstens, the general manager at the Bank of International Settlements (BIS), has claimed that cryptocurrencies are “used to evade laws and should therefore face more regulation.” Carstens, who has attacked bitcoin in the past, suggests that many crypto assets are “used...
Grayscale's Parent Set to Buy GBTC Shares, BlockFi Attacked + More News
10.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
Digital Currency Group, the parent company of digital currency asset manager Grayscale Investments, has announced its plan...
Privacy Coin Verge Suffers Third 51% Attack, Analysis Shows 200 Days of XVG Transactions Erased
17.2.2021
According to various reports, the cryptocurrency network Verge has suffered a 51% attack that led to a massive 560,000+ block reorganization. Analysts believe the Verge network attack could be the deepest blockchain reorganization (reorg) in history with roughly 200 days worth of verge transactions...
Attacked Blockfolio To Spend Up To USD 10m on Fixing Damage
9.2.2021
Popular crypto portfolio tracker and trading app Blockfolio claims they are nearly back to business as usual and are offering up to USD 10 million in credits following this morning's scandalous hack.
Blockfolio, which was acquired by crypto derivatives exchange FTX last year, has issued a couple...
Steve Forbes Says Bitcoin’s Fixed Supply Limits Its Ability to ‘Meet the Needs of a Growing Economy’
18.1.2021
American publisher Steve Forbes has attacked bitcoin’s fixed supply saying this feature actually curbs the ability of the crypto to “meet the needs of a growing economy.” He also argues that bitcoin cannot replace the dollar because it is presently too volatile to function...
Stablecoins Get Another Headache In US, Ethereum Camp Feels Attacked Too
3.12.2020
The stablecoin regulation act proposed in the US Congress has once again stressed an important difference between centralized and decentralized projects in terms of regulation.
There is much discussion currently in the Cryptoverse over the recent announcement of an act that seeks to regulate...
Exploits and Flash Loans Are Just the Beginning, Defi Economy Is Less Private Than People Think
22.11.2020
Decentralized finance otherwise known as defi has climbed significantly in value this year, as the total value locked (TVL) in defi today is over $14 billion. Meanwhile, numerous defi platforms are getting attacked with flash loans and there are so many new defi projects, it’s hard to keep...
Tron's JustLink Said to be a Chainlink 'Copy-Paste'; Tron Mainnet Attacked
2.11.2020
Following the launch of JustLink as an "oracle answer for Chainlink on Tron," some are thinking it's more than just an answer - accusing the team behind the network and the project's founder Justin Sun of another blatant copy-paste. Meanwhile, the network's mainnet suffered an attempted...
Harvest Finance Attacked, Reportedly USD 24M Lost, FARM Down 50%
26.10.2020
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...
Blockchain Bites: Big Bitcoin Bets, SushiSwap Drops, bZx Attacked
14.9.2020
Derivatives traders have placed bets bitcoin will hit $36,000 by year's end while bZx fell victim to yet another hack
Microstrategy’s $250 Million Bitcoin Buy Consequential
2.9.2020
When a publicly owned company decides to invest about $250 million in an asset that was widely attacked more than a decade ago, it says a lot about how the world has changed. The reasons and the timing of Microstrategy’s bitcoin incursion could not have come at a better time for...
Unknown assailants have attacked multiple pro-Bitcoin politicians in Russia in recent weeks
1.9.2020
Bad things may happen to you in Russia if you support Bitcoin and don't like Putin
Blockchain Bites: Ethereum Classic Attacked, Electrum Wallet Drained and Taxable Microtasks
31.8.2020
Signature Bank gave out dozens more PPP loans to crypto firms than previously known, Ethereum Classic has suffered another 51% attack and a digital yuan wallet went live and disappeared