Bitcoin Surges to $26,000 Amid Market Uncertainty
In the past 24 hours, Bitcoin has continued its upward trend by recording impressive gains of more than 7.29%, as per data from Coinmarketcap. Further, the market cap of all Continue Reading →
Category: News
Euler Finance and Ronin Network Hacks Linked Through Address Interaction
A concerning event has once again hit the world of decentralized finance (DeFi). The Axie Infinity’s Ronin network compromise from the previous year has communicated a worrying development that has Continue Reading →
Maker Passes Initial Vote to Increase US Treasury Bond Holdings to Over $1.2B
On Friday, Marker’s governance community voted in favor of expanding US Treasury bond holdings to $1.2 billion. If fully approved, the proposal will enable Maker to more than double its Continue Reading →
Euler Finance Attacker Launders Stolen Funds Through Tornado Cash
The latest exploit on borrowing and lending protocol Euler Finance is still making headlines in the DeFi space. The March 13 attack saw the firm lose over $197 million in Continue Reading →
NFT Marketplace That Raised Over $5M is Shutting Down
Last March, when the NFT market was booming, Solana NFT marketplace Formfunction revealed that it had raised more than $5 million in a funding round in which OpenSea and other Continue Reading →
Euler Finance Issues Ultimatum to Its Attacker in Bid to Recover Funds
Two days after DeFi project Euler Finance was exploited, with over $198 million stolen, the protocol has today sent a message to the hacker warning that it would launch a Continue Reading →
Ethereum Moves a Step Closer to Staked ETH Withdrawals Following a Successful Testnet Launch
On Tuesday, Ethereum developers successfully launched the Goerli testnet, an extensive dress rehearsal of the network’s Shanghai Upgrade set to happen in April. Even though there was a small issue Continue Reading →
Yuga Labs Launches HV-MTL, a New Mech NFT Series
Yuga Labs, the mastermind behind the highly acclaimed Bored Ape Yacht Club, has recently launched a fresh NFT collection dubbed HV-MTL using an exclusive summoning technique. The collection offers a Continue Reading →
Uniswap Expands to Binance’s BNB Chain: DeFi Game-Changer
After a favorable vote on a governance proposal, the decentralized cryptocurrency exchange Uniswap has begun operating on Binance’s BNB Chain, a blockchain for smart contracts developed by Binance. It is Continue Reading →
What Are Liquidity Pools? Beginner’s Guide
The traditional finance world runs on liquidity. So unavailability of funds would cause the financial systems to crash. The same is true for Decentralized Finance (DeFi), a term used to Continue Reading →
Silicon Valley Bank Collapse Sparks Bitcoin and Crypto Frenzy
The presenter of the Coin Tales program, Natalie Brunell, was recently interviewed by Fox Business to discuss how cryptocurrencies have managed to maintain their value despite the failure of some Continue Reading →
Meta Lays Off 10,000 Workers After Abandoning NFT plans
Facebook’s parent company Meta announced today a round of layoffs, hours after disclosing that it would wind down support for non-fungible tokens (NFTs). In a blog post, the tech giant Continue Reading →
Circle CEO Claims Silicon Valley Bank Downfall Meant Protecting Digital Dollar From Banking System
In an interview on Tuesday, Circle’s boss Jeremy Allaire pointed out the irony of the traditional banking system disrupting the broader crypto industry. Allaire said there had been talks about Continue Reading →
Revolutionary GPT-4 Model Launch by ChatGPT Sends AI Token Prices Soaring!
The introduction of GPT-4 has resulted in a significant spike in the values of AI tokens. ChatGPT is ruling the tech world, as OpenAI has announced the release of GPT-4, Continue Reading →
BTC Surges 9% Following US Agencies’ Statement Regarding Silicon Valley Bank
The price of the most popular cryptocurrency, Bitcoin, has increased after United States regulators issued a joint statement assuring depositors of the fallen Silicon Valley Bank will be made whole. Continue Reading →
Crypto Lender Euler Finance Suffers Exploit, Over $197M Stolen
Euler Finance, a decentralized finance (DeFi) platform, was exploited on Monday, with the hacker stealing over $197 million, according to data from audit firm BlockSec. BlockSec reported that the attacker Continue Reading →
Investor Mints USDC Worth $400M as Stablecoin Regains Dollar Peg
Circle’s USDC is almost regaining its full value after declining 14% over the weekend. Data from CoinGecko shows the stablecoin is trading at $0.99 as of this writing. Recent development Continue Reading →
FED Faces Massive $80 Billion Loss in First Annual Operation Report
The Bitcoin Twitter account has announced that the Federal Reserve is now officially in the process of becoming insolvent. In 2023, it is speculated that the FED will report its Continue Reading →
Crypto market Rallies Amid FDIC Banking Intervention
The market capitalization of all cryptocurrencies went above $1 trillion on Monday morning as the market turned green following a joint statement issued by the US Treasury, the Federal Reserve, Continue Reading →
Lucky Solo Miner Gets $147k in Reward for Solving Bitcoin Block
A solo BTC miner was compensated massively for adding block number 780,122 to the oldest and the largest blockchain. According to BTC.com’s Bitcoin explorer, this miner utilized the SoloCK Pool Continue Reading →
Coinbase and Paxos Disclose Exposure to Signature Bank
On Sunday evening, Signature Bank became the latest financial institution to wind up operations. Following the news, numerous crypto firms took to Twitter to announce whether they were exposed to Continue Reading →
Brad Garlinghouse Sets Records Straight on SVB Questions
Brad Garlinghouse, the CEO of Ripple, took to Twitter to alleviate concerns about the company’s ties with Silicon Valley Bank (SVB). He acknowledged that Ripple had partnered with SVB as Continue Reading →
Kiyosaki’s Warning: US Bank Collapse Looming After Silicon Valley & Silvergate
The failure of Silicon Valley Bank and Silvergate Bank has jolted the US financial industry into the midst of economic turmoil. According to Robert Kiyosaki, author of “Rich Dad, Poor Continue Reading →
DeFiLlama Introduces A New Router For Uniswap v3
A DeFi-focused data analytics company, “DeFiLlama,” has introduced LlamaZip (a router developed for Uniswap v3 on Ethereum layer-2 named Optimism. A tweet was recently shared by the team on the Continue Reading →
A Federal Jury Indicts Founders Behind $340M Decentralized Finance Ponzi Scheme
The people responsible for establishing a DeFi investment forum named Forsage have been accused of organizing a worldwide Ponzi scheme of up to $340M. 4 Russian founders, including Sergey Maslakov, Continue Reading →
