The DeFi sector continues to suffer from security breaches with the latest affecting Lending protocol Value DeFi. It is believed that the DeFi protocol fell victim to a flash loan exploit which resulted in the loss of $6 million.https://twitter.com/value_defi/status/1327660571592773632?s=20The flash loan attack on Value DeFi came after the protocol had Tweeted a now-deleted tweet that […]
Charting company Whalemap has come up with a new term which according to us perfectly encapsulates Bitcoin in 2020. After a phase of panic (March), rebound (April), halving (May) and acceptance (June until now), they have deemed it “institutional FOMO”.Their latest graphic shows the moment whenever a Bitcoin wallet holding more than 10,000 coins, aka […]
Boom, and there you have it folks. A few months ago, we were enthusiastic when Australian morning TV shows were mentioning VeChain on their news items. By now, ABC News, one of the biggest television channels in the US, which reaches hundreds of millions, interviewed a US Senator and spoke about Bitcoin live on the […]
As Bitcoin continues to run a string of records this year and makes a fool out of many that thought gold would have been a better investment, those that didn’t bet on it are starting to criticize crypto altogether. How convenient. Among them the founder of the world’s biggest hedge fund, Mr Ray Dalio. The […]
Senator Kelly Loeffler, the Republican from Georgia, seems to be the key player that the US politics deserve at this point. She needs to win a tight runoff race in January if the party of US President Donald Trump wants to maintain it’s hold on the Senate. The fact that a former crypto CEO (she […]
Since PayPal’s announcement, the Bitcoin price has been on a steady rise peaking to $16,000, hitting an all-time high for 2020. Most analysts think that the trend is still bullish and new records might be on the road. Today, PayPal skipped the waiting list and officially announced that all users from the United States are […]
Although crypto business is still booming in India, the fear of a possible ban by the Modi government remains. Certainly now that the Prime Minister of India has lost a major role model through the defeat of Donald Trump, and with Covid-19 still ravaging India’s economy, some wonder which magic trick he will pull to […]
I must admit having heard about this scandal before (on Reddit) but didn’t believe it at the time. Apparently in Europe several banks have the nasty habit of all of a sudden being unable to transfer moneys from their customer’s accounts to any crypto platform like Kraken or Coinbase. Customers have shared rumored screenshots of […]
As we draw closer to the Bitcoin Cash (BCH) hard fork there is an increased activity of BCH deposited on exchanges. Analytics firm Chainalysis revealed that over $130 million worth of BCH had been transferred to exchanges in the past week. This increased flow has seen the total amount currently on exchanges has hit the […]
The new head of the European Central Bank, Ms Christine Lagarde, is set to start a two-day virtual conference involving several high profile names in global finance. On the agenda are the highly anticipated topic of Central Bank Digital Currencies or CBDCs. As Bitcoin is on track to have a fabulous year, even in a […]
