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Defi Platform Moola Exploited for $8.4 Million in Incident Described as ‘Incredibly Simple Attack’
19.10.2022
Moola, a decentralized finance (defi) lending and borrowing platform, was recently exploited for $8.4 million in what has been described as an “incredibly simple attack.” Moola responded to the attack by pausing all activity on the platform. The defi platform also told the attacker(s)...
Moola Market attacker returns most of $9M looted for $500K bounty
19.10.2022
The attacker has scored about a half-million dollar “bug bounty” after choosing to return a majority of the cryptocurrency they exploited from the Celo-based lending protocol
Crypto News Summary: Roche Freedman Dismissed as Lead Counsel in Tether/Bitfinex Lawsuit, Binance Pool Launches $500M Fund for Loans to Bitcoin Miners
14.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Roche Freedman Dismissed as Lead Counsel in Tether/Bitfinex Lawsuit, Binance Pool Launches $500M Fund...
Wework Co-Founder Adam Neumann’s Crypto Project Secures $70M, Funding Round Led by A16z
25.5.2022
The co-founder of the company Wework, Adam Neumann, is behind a new crypto project called Flowcarbon and on Tuesday, the blockchain project revealed it raised $70 million from a handful of investors and was led by Andreessen Horowitz (A16z). Flowcarbon’s chief executive Dana Gibber says...
Biggest Movers: CELO, LUNA Higher, ZIL Moves Over 15% Lower
5.4.2022
Despite the global cryptocurrency market cap mainly consolidating on Tuesday, LUNA and CELO were some of the session’s biggest gainers. ZIL, on the other hand, continued to fall following recent highs, trading over 15% lower during today’s session. CELO ZIL fell for a fourth straight...
Celo foundation proposes to deploy Uniswap V3 on its native blockchain
11.3.2022
Celo aims to promote green use cases and rebalance its treasury with green asset-backed tokens with the help of Uniswap
Despite the Crypto Market Dip, Weekly Gains Show OSMO, ATOM, FTM, and a Slew of Other Assets Shined
6.1.2022
On January 5, digital currency markets shed a great deal of value as bitcoin dropped below the $44K handle during the late afternoon (EST) trading sessions on Wednesday. Nearly every coin has shed 24-hour value, but a slew of crypto assets have seen double-digit gains and have managed to stave...
As Bitcoin and Ethereum See Sharp Drops, 18 Crypto Assets Captured Double-Digit Gains Last Week
29.12.2021
While the crypto economy shed billions in value this week, 18 different digital assets have accrued double-digit gains during the last week. At the same time, the top two leading crypto assets by market capitalization, bitcoin and ethereum, have lost between 2.8% to 6.2% in value in seven days....
Crowdfunding Platform Kickstarter Will Shift to Blockchain-Based Model
10.12.2021
Kickstarter, one of the leading crowdfunding platforms on the market, has decided to abandon its current business model and migrate to a blockchain-based platform. This will be built by an independent organization funded initially by Kickstarter to work on the protocol. The new platform will...
0x expands partnership with Celo to distribute $4.5M to DAO ecosystem
3.12.2021
The two firms were part of a consortium of DeFi projects that founded the financial inclusion and education initiative DeFi for the People in August
Blockstream’s Liquid Sidechain Criticized Over Long Outage — Block Signing Issue Related to Upgrade
6.10.2021
On Tuesday, cryptocurrency supporters on social media and forums discussed Blockstream’s Liquid sidechain product as block signing had been down for over 20 hours. While Blockstream had noted the sidechain was undergoing a hard fork upgrade planned for October 5, a number of crypto...
Ethereum alternatives and layer-1 solutions see steady gains in September
27.9.2021
Multi-million dollar incentive programs and the ease of cross-chain transfers are boosting the value of L1 and L2-based tokens and raising the total value locked in their associated DeFi platforms
Bitcoin bulls make a run on $45K after Twitter debuts crypto tipping
23.9.2021
Bitcoin price rallied to $44,800 and takes aim at flipping the $45,000 level to support shortly after Twitter launched a new crypto tipping service
After a 273% rally, this key indicator signaled that CELO price was overextended
3.9.2021
Trading is “easy” when the trend is upward, but remember that in a bull market, cryptocurrencies take the stairs up and the elevator down
CELO, Fantom and Keep3rV1 rally after liquidity mining programs launch
30.8.2021
Newly launched incentive programs and protocol upgrades were followed by 50% rallies in CELO, FTM and KP3R
Leading DeFi projects launch $100M global adoption initative
30.8.2021
The initiative — built on the Celo ecosystem — identified the lack of inclusivity and accessibility in the traditional financial markets
Global Charity Organization Launches Crypto-Based Vouchers for Vulnerable Groups in Kenya, Ecuador
14.8.2021
The global charity organization, CARE, has created crypto-based vouchers that will be distributed to women and select groups in Africa and Latin America. According to CARE, these vouchers will be redeemable for goods, services or cash and linked to the needs of recipients. However, in its statement...
Personal Savings Feature Added to West African Platform Facilitating Crypto-to-Fiat Conversion
10.8.2021
Duniapay, a digital banking platform created by three students from Burkina Faso, has added a personal savings feature to its banking application that already provides residents from some 14 West African countries with a flexible digital platform to access financial services. Using a Stablecoin...
Europe’s Largest Telecom Provider Chooses to Leverage Coinbase Custody to Stake CELO Tokens
9.8.2021
The largest telecommunications provider in Europe, Deutsche Telekom AG, announced on Monday that it will be leveraging Coinbase Custody to hold the firm’s celo tokens. Celo is a mobile-first platform that connects to decentralized apps, is EVM compatible, and the network allows holders...
Deutsche Telekom to store CELO tokens on Coinbase Custody
9.8.2021
Europe’s largest telecoms company by revenue has tapped Coinbase Custody for its Celo tokens