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Inverse Finance exploited again for $1.2M in flashloan oracle attack
17.6.2022
No user funds have been affected by the exploit, but Inverse Finance has incurred a debt and offered the attacker a bounty to return the stolen funds
Banking uses 56 times more energy than Bitcoin: Valuechain report
16.6.2022
Analysis of Bitcoin’s Proof of Work and the Lightning Network exposes the banking system as energy hungry, demonstrating that Bitcoin is better for the planet
DeFi Protocol Inverse Finance Exploited for $1.2M
16.6.2022
Attackers appear to have used a flash loan attack to drain Inverse Finance of bitcoin and tether
Swapped Finance, the Next-Gen AMM, Launches on Shardeum Network
16.6.2022
Swapped Finance recently announced its launch on the Shardeum blockchain. The platform will introduce a DEX (decentralized exchange), Staking, Yield Farming, and an AMM (automated market maker) to Shardeum. Built on Shardeum, Swapped Finance is being introduced as the simplest way to trade...
Celsius Reportedly Taking Advice from Citigroup, CEO Mashinsky Calls for ‘Patience’ and 'Support'
16.6.2022
The ailing crypto lender Celsius Network (CEL) has reportedly hired the financial giant Citigroup to advise it on its options after Celsius suspended withdrawals, swaps, and between-account transfers earlier this week. Meanwhile, Celsius’ under-fire CEO Alex Mashinsky has returned to Twitter....
Best Blockchain Stocks You Should Invest: Logarithmic Finance (LOG), Chainlink (LINK), & Tezos (XTZ)
15.6.2022
Various advancements have been made throughout the years to improve cryptocurrencies and the crypto market to achieve greater traction. Many investors are looking for alternatives to coins such as Bitcoin (BTC) and Ethereum (ETH), exploring upcoming altcoins making an impact in the market....
NEXO price drops 40% in three days on rumors of ties to 'insolvent' crypto fund
15.6.2022
Nexo says it currently has no exposure to Three Arrows Capital and has 100% liquidity to meet its debt obligations
EU Finance Commissioner Calls for Speedy Passage of Crypto Law
14.6.2022
El Salvador’s Finance Minister ‘Laughs off’ Claims of USD 40M Bitcoin ‘Losses’
14.6.2022
El Salvador’s Minister of Finance Alejandro Zelaya says he is “laughing off” international media reports that claim the nation’s bitcoin (BTC) adoption plans could scupper the economy and that they have left a USD 40 million hole in national finances....
Read More: El Salvador’s Finance Minister...
El Salvador 'has not had any losses' due to Bitcoin price dive, finance minister says
14.6.2022
Salvadoran minister Alejandro Zelaya brushed off the media criticism of the nation’s investments in Bitcoin
Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks
12.6.2022
Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus on finding projects in seed stages to aid them via financing and other supporting services with...
Indian Government’s Chief Economic Adviser Warns of Danger in Crypto, Defi Without Regulation
12.6.2022
The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation. “We may not be fully aware or comprehend the kind of forces we are unleashing ourselves,” he opined. Indian Government’s...
Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout
11.6.2022
While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since...
Bitcoin and banking’s differing energy narratives are a matter of perspective
11.6.2022
Bitcoin mining’s climate impact has been heavily criticized, but the emissions of corporate cash and investments have often flown under the radar
Finance Redefined: Number of DAOs surge, Solana launches $100M DeFi fund
10.6.2022
The past week in DeFi saw the launch of another $100M fund by Solana and the number of DAOs surged over 8X with increased protocol activity
Report: God Of War Ragnarök Planned For November
10.6.2022
This is not a drill, boy: God of War Ragnarök is planned for a November release, Bloomberg reports.Read more
Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea
9.6.2022
Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development....
Microsoft Promises 5 More Xbox Exclusives, Game Pass Demos In The Next Year
9.6.2022
Microsoft laid out some of its big plans for gaming ahead of Sunday’s Xbox and Bethesda showcase, and those plans include a steady stream of more big exclusives, expanded Game Pass perks, and bringing video game cloud streaming directly to smart TVs. Most of the plans are forward-looking,...
The Intellivision Amico Is In Big Trouble
9.6.2022
The last we saw of Intellivision’s Amico console, it was trying to sell some NFTs and was being described as a “car crash” of a device. If you thought that meant things couldn’t get any worse for the beleaguered device, though, you have not been paying attention to its development.Read more
A Black Protagonist Captures The Stories Of A Doomed World In Season
8.6.2022
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