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Bitcoin News Roundup for Sept. 14, 2020

14.9.2020
As some bitcoin options traders bet on new all-time highs and another DeFi protocol is attacked, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

DeFi Lender bZx Reclaims $8M Stolen in Sunday’s Attack

14.9.2020
Decentralized finance (DeFi) lending project bZx has been able to recover about $8 million in cryptocurrency from an attacker who stole the funds after exploiting a code bug over the weekend. See also: Hacker Drains $500K From DeFi Liquidity Provider Balancer

Defi Protocol Bzx Loses $8.1 Million in Third Hack This Year

14.9.2020
So called decentralized finance (defi) lending platform Bzx on Sunday lost $8.1 million in a new hacking attack, the third this year, caused by a flawed code in its smart contracts. The bug allowed the hacker to mint 219,200 LINK tokens (valued at $2.6 million); 4,503 ETH ($1.65 million); 1,756,351...

Crypto.com views Chainlink integration as a gateway to DeFi

14.9.2020
Crypto.com believes that having control over one's finances, data and identity is a basic human right

DeFi platform bZX sees new $8M hack from one misplaced line of code

14.9.2020
bZX made all the right moves, but it wasn’t enough

The evolution of DeFi and its unique token distribution mechanics

14.9.2020
The next step of DeFi’s evolution in decentralization is enabling true scalability, interoperability and access to networks beyond Ethereum

Chainlink to Start Supplying Data for Crypto.com’s DeFi Wallet

14.9.2020
The new integration will provide users of Crypto.com's DeFi wallet with access to accurate and untampered price data, ChainLink said

First Mover: As Central Banks Print $1.4B an Hour, Bitcoiners Bet on Federal Reserve ‘Capture’

14.9.2020
Though no fresh stimulus is expected this week from the Fed, bitcoiners betting on money printing could just wait for the next sell-off in U.S stocks

Can Binance Coin hit $40? BNB faces last hurdle before all-time highs

14.9.2020
Binance Coin has been one of the few altcoins in September that has surged in price, but breaking $35 will be a major challenge for BNB

DeFi Defied: Five Key Benefits The COV Token Will Bring To Covesting

14.9.2020
In the ever-evolving crypto market that never sleeps, new trends and coins are popping up every passing day. The recent decentralized finance explosion has only hastened the pace at which fly-by-night coins are being created. At the same time, however, the booming bandwagon has also shed light...

Apple forces Coinbase to change its crypto products, says CEO

14.9.2020
Brian Armstrong has taken Apple to task over its allegedly exclusionary policies towards crypto app developers

DeFi Lender bZx Loses $8M in Third Attack This Year

14.9.2020
An attacker found a way to mint unbacked iTokens that they could then redeem against other cryptos held in lending pools for DeFi lender bZx

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

14.9.2020
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...

Sushiswap’s 2 Million Token Airdrop: Founders Face Accusations of ‘Making Defi a Joke Again’

14.9.2020
Sushiswap’s new leader and FTX CEO Sam Bankman-Fried tweeted on September 12 that the promised 2 million token airdrop would go on as scheduled. The process was expected to last up to two hours or less depending on network congestion. The airdrop caps an eventful week for Sushiswap that...

NFT Economy Grows Exponential: $1M in Non-Fungible Token Sales Last Week

14.9.2020
While a number of people are focused on decentralized finance (defi), the non-fungible token (NFT) industry has also exploded in demand in 2020. Last week, NFT sales soared nearing a million dollars in volume, as the blockchain-based Sorare fantasy soccer card game saw over $221,000 in sales during...