Money Legos can be dangerous, especially when you focus on semantics. We were graced with one more typical “degen yield farm” popping in and out of relevance this week. Harvest Finance collected as much as $1 billion in total value locked before an “economic exploit” sent it tumbling down. Its value locked measure now hovering […]
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Gold sinks to yearly lows against Bitcoin but Peter Schiff remains convinced that the former’s price gains are ill-gotten. Bitcoin (BTC) hit seven ounces of gold for the first time in over a year this week as the precious metal comes off all-time highs. Data from CoinGecko showed BTC/XAU returning to the pivotal 7 ounce […]
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Only two decentralized exchanges on the list received high cybersecurity scores. 14 out of 25 decentralized exchanges, or DEXs, scored poorly in terms of cybersecurity according to a recent report. Source: CER. CER’s criteria included several factors such as whether a DEX underwent security audit, availability of bug bounties, and proper SSL/TLS certificates. CER deemed […]
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The platform got hacked not once, but thrice, putting the team through a trial by fire. Decentralized finance platform bZX has frequently been in the spotlight this year, only not for the right reasons. Most DeFi platforms popular today, including bZX, began their journey around 2018, at the tail-end of the initial coin offering boom. […]
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They said that real adoption of the asset class “hasn’t even started.” Gemini crypto exchange founders Tyler and Cameron Winklevoss said that Bitcoin (BTC) will eventually hit $500,000 per coin during a recent interview with podcast host Peter McCormack. “The question in our mind is not so much does it get to $500,000, but how […]
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Quantstamp’s audit is crucial to ensure a smoothly operating blockchain. One of the first audits of a decentralized finance project connected with the Polkadot (DOT) blockchain is set to be carried out by blockchain security firm Quantstamp. The project, Equilibrium, had first announced its plans to develop an interoperable protocol on Polkadot in summer of this year. […]
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Developers don’t want to move too fast. The Bitcoin Improvement Proposals 340 through 342 were merged into the Bitcoin codebase on Thursday, signaling that the anticipated Taproot upgrade is ready. Taproot and the associated technology of Schnorr signatures are considered to be the most important upgrade for Bitcoin in the past year. It is primarily […]
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No participation issues this time as much fewer bugs are reported. Ethereum successfully launched yet another dress-rehearsal testnet for the upcoming Ethereum 2.0 Phase 0, dubbed Zinken. The launch occurred on Monday at 12 P.M. UTC and unlike previous attempts, was a smooth launch with enough participation and no major bugs. The testnet was organized […]
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The upcoming U.S. election results can’t stop a fresh gold advance, one analyst says, while Bitcoin is also due fresh bullishness. Gold will gain regardless of whether Donald Trump or Joe Biden wins the election, one analyst says as Bitcoin (BTC) targets $11,000. In an interview with the media division of precious metals giant Kitco […]
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Cosmos have announced a new bug bounty to rigorously vet the forthcoming Stargate upgrade to ensure no vulnerabilities are missed. In the lead up to its major network upgrade Stargate, Cosmos (ATOM) has announced a three-month-long bug bounty with double rewards to improve the software’s robustness prior to release. The key Stargate upgrade will complete […]
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