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CFTC files suit against Avraham Eisenberg for market manipulation in Mango exploit
9.1.2023
Eisenberg claimed his actions on the DeFi platform were legal and negotiated a “white hat” bug bounty after making off with over $100 million; the government is unconvinced
Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion
9.1.2023
Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-December 2022. The top smart contract platform coins by market capitalization increased 7.1% on January...
Crypto layoffs mount as exchanges continue to be ravaged by the prevailing bear market.
9.1.2023
Many popular cryptocurrency trading platforms, including Kraken and Coinbase, have recently initiated a fresh round of firings
Why DeFi should expect more hacks this year: Blockchain security execs
9.1.2023
One reason is that “hackers have gotten smarter, gained more experience, and learned how to look for bugs,” according to the founder of a crypto auditing firm
$3.9 billion lost in the cryptocurrency market in 2022: Report
6.1.2023
The report from Immunefi revealed hacks to have been the main cause of related losses
The emergence of Decentralized Crypto Trading Bots: a crypto revolution
6.1.2023
The cryptocurrency market is extremely volatile, and the prices of tokens fluctuate drastically within seconds. Investors participate in crypto trading, but they often fail to react instantly and efficiently to the crypto price changes and hence, fail to achieve optimal trades. Investors need...
ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’
6.1.2023
Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles for gambling without intrinsic value, which need to be regulated. In an opinion piece, Panetta states that while cryptocurrency regulation is a good answer...
Cake DeFi publishes Merkle tree-based Proof of Reserves
4.1.2023
According to Cake DeFi, users can now verify both assets and liabilities through their website
How time-weighted average price can reduce the market impact of large trades
4.1.2023
Time-weighted average price is an algorithmic trading strategy that aims to reduce price volatility and improve liquidity during the trading process
Crypto Incidents Involving Exit Scams, Hacks, and Code Exploits Reach Record Low in December 2022 According to Certik
3.1.2023
According to blockchain security company Certik, the number of cryptocurrency incidents involving exit scams, hacks, and code exploits in Dec. 2022 was the lowest monthly figure of the year. Certik noted that the combined incidents amounted to $62.2 million “lost to exploits, hacks, and scams.”...
Integrating Decentralized Cross-Chain Communication Makes Bridges ‘Substantially Safer’ — Flare Networks CEO
2.1.2023
Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo Philion, the co-founder and CEO of Flare Networks...
$62M crypto stolen in Dec was the ‘lowest monthly figure’ in 2022: CertiK
2.1.2023
The month of December had the smallest figure for cryptocurrencies stolen in 2022 with around 23 major incidents according to CertiK
BMW Partners With Coinweb to Develop Blockchain-Based Vehicle Financing Automation and Loyalty Program in Thailand
31.12.2022
BMW, the luxury car manufacturer, has partnered with Coinweb, a decentralized blockchain layer 2-based company, to introduce blockchain-based tools to its operations. The company will develop blockchain-based automation for vehicle financing processes, and also a rewards program for customers...
‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ
30.12.2022
At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an end, statistics show that none of...
1inch launches Fusion upgrade to improve swap security and profitability
25.12.2022
As a decentralized trading and matching system, the 1inch Swap Engine connects DeFi users and provides liquidity for crypto trades through professional market makers
ZK Rollups Bring Ethereum's Decentralized Vision Into Focus
23.12.2022
TKTK
OpenSea blocks Cuban artists from the platform due to U.S sanctions
23.12.2022
OpenSea’s terms of service explicitly prohibit individuals and organizations from sanctioned regions from using its platform
Defi More Scalable Than Traditional Finance, New Study Says
22.12.2022
Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak of $180 billion in Dec. 2021...
DEX aggregator OpenOcean enables cross-chain swaps across major networks
21.12.2022
Users will be able to swap and bridge assets across multiple networks like Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Fantom
Uniswap to allow users to buy cryptocurrency using debit and credit cards
20.12.2022
Users of the decentralized exchange will also be able to use bank transfers to purchase crypto