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Snoop Dogg Bails As Faze Clan Circles The Drain
5.4.2023
Faze Clan, which as recently as last year seemed an unstoppable cultural force for the genre of dudes who both play video games and aspire to own lambos, is in trouble. As we’ve reported, the clan’s decision to go public has been a disaster, with their shares now practically worthless, but as...
Arbitrum’s dream to decentralize goes down the drain
4.4.2023
Arbitrum’s efforts to hand over control to its community have not gone the way it wanted them to. Thus, efforts have been wasted due to critics’ harsh criticism of its first-ever governance proposal. Several critics called the procedure a “Sham Vote,” arguing that it was nothing...
Hackers drain $8M in assets from Bitkeep wallets in latest DeFi exploit
26.12.2022
The BitKeep team confirmed that some APK package downloads have been hijacked by attackers and installed by users
ShadowFi Exploit Allows $300k Liquidity Drain, Massive Cryptocurrency Loss
6.9.2022
ShadowFi tweeted about the cyber attack. Hackers made an attack on DeFi systems possible by a crypto-private effort known as ShadowFi. A prominent blockchain security firm, Peckshield, sounded the alarm and revealed the exploitation cost around $300,000....
Read More: ShadowFi Exploit Allows $300k...
ShadowFi Exploit Allows $300k Liquidity Drain, Massive Cryptocurrency Loss
6.9.2022
ShadowFi tweeted about the cyber attack. Hackers made an attack on DeFi systems possible by a crypto-private effort known as ShadowFi. A prominent blockchain security firm, Peckshield, sounded the alarm and revealed the exploitation cost around $300,000....
Read More: ShadowFi Exploit Allows $300k...
Brain drain: India’s crypto tax forces budding crypto projects to move
20.4.2022
Several Indian cryptocurrency projects are planning to move their bases to more crypto-friendly jurisdictions
India’s Crypto Industry Fears Proposed Tax Rules Will Increase ‘Brain Drain’
23.3.2022
The new tax proposals are set to formally become law on Thursday amidst little hope that the government may soften the tax blow
Rooter-Man and MyCryptoCheckout Partner to Enable Customers to Spend Digital Currencies
28.8.2021
PRESS RELEASE. Rooter-Man, a plumbing, septic, and drain cleaning franchise with 776+ service locations throughout North America has partnered with MyCryptoCheckout to develop a pilot program that enables customers to spend digital currencies. Rooter-Man is known for providing fast and friendly...
Digital euro could drain 8% of bank deposits, Morgan Stanley says
16.6.2021
Banks in smaller countries like Latvia, Estonia and Greece could be impacted harder by the digital euro, analysts said
Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million
25.5.2021
There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports....
New Bitcoin Quest Contest Gives People a Chance to Locate Crypto Seeds Hidden in Pictures
9.1.2021
There’s an online-sleuthing contest starting on January 21st called “Bitcoin Quest,” where individuals can leverage their crypto-analytical skills to hunt for mnemonic bitcoin seed phrases hidden in artwork. Winners who drain the artwork’s crypto holdings will be able to...
Hackers Are Using Three Fake Crypto-Related Apps to Drain Wallets
7.1.2021
While bitcoin (BTC) prices are increasing, crypto-related scams appear on the scene to take advantage of the situation. In this case, a security firm spotted three malicious crypto apps targeting users to steal their funds. Three Bogus Crypto Trading and Poker Apps Are Infected With Dangerous...
Attackers Drain Millions From Cover Protocol, Token Holders Attack Compensation Plan
30.12.2020
Decentralized finance insurance project Cover protocol briefly suffered losses when an unknown attacker minted over 40 quintillion Cover tokens. However, after successfully cashing out tokens worth about $5 million, the attacker unexpectedly returned ether tokens valued at about $3.2 million before...
UniSwap fights back as competitors drain value from the DEX
20.11.2020
Even as incentives continue to dry up on UniSwap, TVL across the board seems to have remained steady
Hackers Drain $2 Million in DAI From Defi Protocol Akropolis
13.11.2020
Decentralized finance (defi) protocol Akropolis was on Thursday hacked for $2 million in DAI, in the latest flash loan attack to hit the nascent defi industry. The attacker pilfered the platform’s Ycurve pool in batches of $50,000 in the stablecoin DAI. This particular pool allows investors...
187,000 BTC Drained: Over $2 Billion in Bitcoin Leave the Top Exchanges Since June
17.10.2020
Cryptocurrency reserves held on digital asset exchanges have been dropping to new lows, as some of the top exchanges have seen significant bitcoin reserve balance drops. A few months ago trading platforms had a lot more bitcoin reserves on hand and onchain data shows a few exchanges have seen...
Hackers Drain KuCoin Crypto Exchange’s Funds
26.9.2020
Kucoin, a Singaporean cryptocurrency exchange, disclosed that it was hacked and plans on reimbursing customers whose funds were stolen
Timer Bars in CSS with Custom Properties
18.8.2020
I was working on a thing the other day that needed a visible timer. There was UI precedent for this type of timer on the project. People didn’t want to see numbers ticking downward; it was more ideal to see a “bar” drain away from full to empty. I mention that because there...
Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet
2.10.2019
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...
Tax Strategies For Cryptocurrency Investors To Legally Minimize Taxes
12.9.2019
Many cryptocurrency investors and taxpayers view the tax system as a drain on their wealth. They often say, if it wasn’t for taxes, I would have more funds to accelerate the growth of my portfolio and build wealth for my […]
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