In a long medium post, an unknown group of investors have announced that they are starting a crowdfunded lawsuit against YFI creator Andre Cronje, the man who ever since the Eminence hack on 28 September went silent on social media for two weeks. As you may remember, Cronje, long seen as an example of how a DeFi […]
Over in the US, the Democratic leader of the House, Nancy Pelosi, is pushing for another round of stimulus payments to be sent out to struggling Americans who are out of work because of COVID-19.Unemployment has risen mostly in the service sector and small businesses, of which there are a lot in the Midwest. The […]
The news that one of Silicon Valley’s newest Unicorn companies, financial payments provider Square, was putting Bitcoin on its official balance sheet to be deposited with the US treasury came as a shock to many, and as a welcome sign to some. One of the latter ones was legendary trader Peter Brandt who stated that […]
Social media platforms Twitter and Reddit were flooded with messages of angry Robinhood users who said their accounts had been hacked and their money stolen. The popular trading app, which is used in the US, was blamed for non-existing customer service and not responding to email tickets.The story was especially frightening for one particular user who […]
After the Sushi drama (developer Chef Nomi sold his pre-mined coins which sank the price of a much hyped DeFi coin) unfolded, many saw YFI (Yearn Finance) as the next big thing. Developer Andre Cronje had a stellar reputation in the market and had been working silently on the sidelines since then.YFI slowly flippened the price of Bitcoin and […]
Twitter founder Jack Dorsey is a big fan of all things crypto, which is why it was particularly sad to see that his social media platform was used over the summer to stage the biggest Twitter Bitcoin scam ever, social engineering and taking over the accounts of various celebrities to ask for payments in crypto.Dorsey didn’t let […]
The DeFi hype is finding it’s baseline we guess as many of the once-hyped coins are seeing a rapid descend towards more reasonable prices. The only good news to come out of this is that Ethereum’s trading fees are returning to normal levels. Whereas in the beginning of september they stood as a record value […]
Vitalik Buterin, CEO and founder of Ethereum, is usually quite technical and theoretical on Twitter and other social media channels. Earlier this week he was very clear though when voicing his apparent approval for Portuguese Author Bruno Maçães, and his interesting essay, entitled: Crypto State?Belt and RoadMaçães, famed author of political books such as Belt and […]
Justin Sun, founder of Tron and CEO Of BitTorrent, is taking the fight to become’s DeFi’s trusted platform directly to his former colleague Vitalik Buterin. As he spoke at the LA Blockchain Summit, Justin made it clear that Tron was much better suited to serve as an ecosystem for DeFi project than Ethereum was.https://twitter.com/_RyanCalder/status/1313636847172513793His reasoning […]
Although it still operates under a threat of regulatory overhaul (and a possible ban by Prime Minister Modi’s Bharatiya Janata political party), the usage of crypto in India is still soaring. As we’ve reported in the past, the Indian subcontinent sees it as a clear long-term investment. In a culture where the family’s honor is […]
