Andre Cronje is the new rising star of the crypto scene thanks to the success of his DeFi protocol and coin Yearn Finance (YFI). This time round, the FOMO (fear of missing out) for his latest project got so big that hackers entered his coding as he slept and drained funds from it as it […]
China’s second largest TV channel, CCTV2, showed a news segment in which it discussed the best performing asset class of 2020 so far, cryptocurrencies and Bitcoin. The channel reaches a potential audience of 1.2 billion people worldwide.Even those who do not speak or understand Mandarin can clearly hear how DeFi (Decentralized Finance) is being explained […]
The Decentralized Finance (DeFi) ecosystem continues to grow with the Total Value Locked (TVL) in DeFi protocols now exceeding the $11 billion mark. Earlier we recorded a 22% drop in the Total Value Locked (USD) in DeFi.Decentralized Finance (DeFi) breaks new recordsDeFi’s market capitalization valuation is calculated by the total value of assets deposited by […]
One of the best-selling books of this year is Caste, the origins of our discontent by author Isabel Wilkerson. It is the follow-up to her Warmth of other suns of last year and claims that the US’s class society is loosely based on India’s caste system.Over in the continent of Narendra Modi, the lowest class are known as the untouchables. […]
As we’ve remarked repeatedly on this site in the past few days and weeks, Bitcoin refuses to release the $10,000 mark, letting some to believe that a new (temporary) support has been found (around $10,400) and that, as per the immortal words of 1980s singer Yazz, the only way is up. Bitcoin is currently above the […]
Ocean Protocol announced that it has paused their OCEAN smart contract following the hack of the KuCoin exchange. Ocean Protocol, which prides itself as a decentralized Ocean data sharing network, announced this on its twitter page.https://twitter.com/oceanprotocol/status/1310154282575028227?s=20This has brought criticism from the crypto community with many surprised that the decentralized platform could embark on what is […]
Just as stock markets are about to finish their words month of September in the past decade, Bitcoin is refusing to budge or to let go of it’s strong support around the $10,000 mark. At the time of writing, it is trading near the $10,700 mark.With the US dollar strengthening and a growing decoupling from […]
Singapore-based exchange KuCoin admitted being hacked and having lost some anywhere between $150 million and $200 million in funds (expect the total figure to become clear in a few days). In a carefully drafted announcement, the exchange which is keen on being seen as “the People’s Exchange” promised that every crypto coin lost during the […]
About two years ago, Facebook CEO Mark Zuckerberg had to appear before congress. In a lively and well prepared (on his part) hearing, Americans watching the events on C-span were astounded to see how little their elected Senators really knew about tech companies, the internet or the workings of apps on smartphones. Zuckerberg repeatedly had […]
The Decentralized Finance (DeFi) sector continues to grow unabated with the latest launch of Flamingo Finance following this trend. The DeFi protocol has surpassed $100 million inflow since its launch 48 hours ago.This latest inflow came through via Flamengo Wrapper and Flamincome modules that were launched on September 23. As at the time of writing the […]
