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BIS to launch market intelligence platform amid stablecoin, DeFi collapse
19.6.2022
BIS’s cryptocurrency market intelligence platform will be launched under the Eurosystem Centre initiative to provide vetted data about crypto projects
Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout
19.6.2022
Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly dropped to a low of $0.914 per unit. The Abracadabra-issued stablecoin dropping in value follows the recent terrausd (UST)...
The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected
18.6.2022
In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while airdrops sound like free money, there’s been a growing trend of airdrop phishing scams that steal people’s money when they attempt to get...
Ethereum risks another 60% drop after breaking below $1K to 18-month lows
18.6.2022
A 2018-like bearish cycle could have Ether drop toward $420 in the coming weeks
Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year
18.6.2022
Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time...
Finance Redefined: Three Arrow Capital and Celsius fall brings a tsunami of sell-off in DeFi
17.6.2022
DeFi market saw a sharp decline in its TVL, falling over $25 billion from the last week due to sell-off pressure created by the bear market
Next 6-12 Months to be ‘Brutal’, but Ivestment ‘Planting Season’ Starts Now, Arthur Hayes Says
17.6.2022
Although the liquidity situation in financial markets will remain “brutal” for the next 6 to 12 months, the “planting season” for asset allocators is now, before central banks bring their droplets of liquidity, the former BitMEX CEO, Arthur Hayes, wrote in a new essay....
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Which decentralized finance innovations are expected by the DeFi community?
17.6.2022
From more non-custodial liquid staking services to more privacy-focused projects, the community shared what they want for the future of DeFi
Pendulum & Amplitude Team Up With Acala to Integrate aUSD
17.6.2022
Acala published a blog post to announce that it has integrated aUSD into the Pendulum and Amplitude parachains with Amber set to integrate the native token after its launch on Polkadot parachain. Pendulum seeks to leverage the token to facilitate the exchange services of fiat currency...
Bear market no issue for Binance Labs’ DeFi incubation program
17.6.2022
Binance Labs’ parent firm Binance is also looking to hire 2,000 employees amid the latest market decline as the firm sees bear markets as a “great time to bring on top talent.”
Inverse Finance exploited again for $1.2M in flashloan oracle attack
17.6.2022
No user funds have been affected by the exploit, but Inverse Finance has incurred a debt and offered the attacker a bounty to return the stolen funds
High-profile BAYC collector denies allegations of wrongdoing brought by DeFi detective
16.6.2022
At the time of publication, it is not clear how the DeFi detective allegedly connected wallets with questionable activities to Jeff Huang
SOL price trending toward yearly low as Solana TVL drops $870M in three days
16.6.2022
DeFi contagion fears and bearish technicals mean additional downside pressure on Solana price
DeFi Protocol Inverse Finance Exploited for $1.2M
16.6.2022
Attackers appear to have used a flash loan attack to drain Inverse Finance of bitcoin and tether
Swapped Finance, the Next-Gen AMM, Launches on Shardeum Network
16.6.2022
Swapped Finance recently announced its launch on the Shardeum blockchain. The platform will introduce a DEX (decentralized exchange), Staking, Yield Farming, and an AMM (automated market maker) to Shardeum. Built on Shardeum, Swapped Finance is being introduced as the simplest way to trade...
MetaMask, Phantom, Brave, and XDefi Wallets Patch 'Demonic Critical Vulnerability' Before an Attack
16.6.2022
A number of prominent browser extension wallets, including Ethereum (ETH) wallet MetaMask, Solana (SOL)'s Phantom, Brave, and cross-chain wallet extension XDefi, have patched a "critical vulnerability" that could have exposed sensitive login credentials if specific conditions were met.
The...
FTX Overtook Coinbase & OKX in May, Speeding Up EU Crypto Regulation + More News
15.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: FTX Overtook Coinbase & OKX in May, Speeding Up EU Crypto Regulation + More News
NEXO price drops 40% in three days on rumors of ties to 'insolvent' crypto fund
15.6.2022
Nexo says it currently has no exposure to Three Arrows Capital and has 100% liquidity to meet its debt obligations
Wall Street Meets Las Vegas: How DeFi Revolutionizes the Betting Industry
15.6.2022
It’s no secret that the gambling industry is riddled with problematic behaviors, especially with online casinos, with gambling-related fraud skyrocketing in the past couple of years. Because of this, many bettors find themselves unsure of whether or not they can trust their casino. Transparency...
Bitcoin and Lightning Network can save DeFi from adversity: MicroStrategy CEO
15.6.2022
Bitcoin provides a "sound ethical, economic, and technical foundation for DeFi," said Michael Saylor