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Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan
30.12.2020
Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3.2 million before...
UniSwap fights back as competitors drain value from the DEX
20.11.2020
Even as incentives continue to dry up on UniSwap, TVL across the board seems to have remained steady
Hackers Drain $2 Million in DAI From Defi Protocol Akropolis
13.11.2020
Decentralized finance (defi) protocol Akropolis was on Thursday hacked for $2 million in DAI, in the latest flash loan attack to hit the nascent defi industry. The attacker pilfered the platform’s Ycurve pool in batches of $50,000 in the stablecoin DAI. This particular pool allows investors...
187,000 BTC Drained: Over $2 Billion in Bitcoin Leave the Top Exchanges Since June
17.10.2020
Cryptocurrency reserves held on digital asset exchanges have been dropping to new lows, as some of the top exchanges have seen significant bitcoin reserve balance drops. A few months ago trading platforms had a lot more bitcoin reserves on hand and onchain data shows a few exchanges have seen...
Hackers Drain KuCoin Crypto Exchange’s Funds
26.9.2020
Kucoin, a Singaporean cryptocurrency exchange, disclosed that it was hacked and plans on reimbursing customers whose funds were stolen
Timer Bars in CSS with Custom Properties
18.8.2020
I was working on a thing the other day that needed a visible timer. There was UI precedent for this type of timer on the project. People didn’t want to see numbers ticking downward; it was more ideal to see a “bar” drain away from full to empty. I mention that because there...
Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet
2.10.2019
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...
Tax Strategies For Cryptocurrency Investors To Legally Minimize Taxes
12.9.2019
Many cryptocurrency investors and taxpayers view the tax system as a drain on their wealth. They often say, if it wasn’t for taxes, I would have more funds to accelerate the growth of my portfolio and build wealth for my […]
The post Tax Strategies For Cryptocurrency Investors To Legally...
Dithering U.S. Regulators Risk Causing a Brain Drain to Friendlier Crypto Climes
28.5.2019
Cryptocurrency companies in the United States aren’t happy. Token issuers, exchanges, and VCs are up in arms about vague and contradictory guidance on crypto asset regulation. Should the U.S. fail to update its archaic securities laws, they warn, there is a risk of top talent making an exodus...