Ethereum-based DeFi lending protocol Inverse Finance suffered yet another hack. Peckshield was the first to observe the flash loan attack following which it revealed that the attacker carried out an exploit via price oracle manipulation. […]
Is Elon Musk’s promotion of Dogecoin coming back to bite him? The billionaire and his companies are now being sued for $258 billion for engaging in a so-called “crypto pyramid scheme” by way of the […]
Ankr, a company that provides one-click node deployment and Web3 infrastructure, has announced that it will become a remote procedure call provider for Optimism. Optimism is an open-source layer-2 scaling solution for Ethereum that focuses […]
Global spending in the metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm McKinsey & Company. Published yesterday, the 77-page report titled “Value Creation in the Metaverse” analyzed […]
Billionaire owner of the Dallas Mavericks Mark Cuban has weighed in on the latest crypto crash, saying that projects with no “valid” business model will eventually die out. “In stocks and crypto, you will see […]
Decentralized oracle network Chainlink (LINK) has integrated its service called Chainlink Price Feeds to Moonbeam, a smart contract parachain on Polkadot (DOT), to provide data to developers in the platform. In a release sent to […]
Despite the cryptocurrency market’s prolonged bearish trend, some of its most ardent supporters have not been discouraged. This includes the president of the Central African Republic (CAR), who remains bullish on Bitcoin (BTC) and crypto. […]
FatManTerra has alleged that Terra co-founder Do Kwon cashed out $2.7 billion from Terra within months, using Degenbox to drain liquidity from the ecosystem. In his latest Twitter blast, he revealed that the Terra co-founder […]
As the financial world battles inflation and rising geopolitical uncertainties, bearish sentiment has flooded the Bitcoin market. Bitcoin has fallen by 27% in the last five days with the S&P 500 index (SPX) in comparison […]
The American business magnate and Co-Founder of Microsoft – Bill Gates – blasted non-fungible tokens (NFTs) for not providing any use-cases to society. In his view, cryptocurrencies and digital collectibles are based on “the greater […]
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