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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While Hoskinson is not a fan of “the Orange Goblin”, he still does not appreciate unsolicited pro-Biden emails from paid service providers. “My first thought was he must have been hacked”, said Hoskinson, reflecting on opening an email he received from David Barrett, the CEO of Expensify, urging him to vote for Joe Biden: Source: […]
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A lot of trust is required to put money in Harvest Finance. Harvest Finance, a decentralized finance project that succeeded in attracting over $1 billion in funds locked has an admin key that gives its holders the ability to mint tokens at will and steal users’ funds. As noted by auditing companies PeckShield and Haechi, […]
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Low latency is essential for high-end cryptocurrency traders, but not all exchanges can offer it. We’ll explore why it’s important and where to find it. How is this changing cryptocurrency? Many believe that lower latency should make markets more efficient, but others worry HFT gives certain players too much of an edge. Lower latencies will […]
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Bitcoin and Ether see a strong bullish sentiment, but confidence in DeFi starts to shake. With Bitcoin price successfully punching through the $12,000 barrier after PayPal announced that it would be venturing into digital assets, October is delivering on the excitement that September failed to provide. And with on-chain and market data continuing bullish signs […]
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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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The Ethereum network is processing more than double the transaction volume of Bitcoin, and is on-course to process $1 trillion this year. The third-quarter decentralized finance (DeFi) boom has resulted in the Ethereum (ETH) network processing more than twice the daily transaction volume of Bitcoin (BTC). According to crypto market data aggregator Messari, the 30-day […]
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Crypto collateral locked in DeFi protocols has surged to an all-time high over $12 billion. Following a six week cooling-off period for the majority of decentralized finance protocols, the DeFi bulls are back in action as total value locked surges to new record highs. The amount of crypto collateral locked across various DeFi protocols has […]
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Analysts expect a profit-taking pullback in the Bitcoin market after BTC hits $13,000 upon the PayPal news. The price of Bitcoin (BTC) surpassed $13,000 for the first time since June 2019. The optimism around PayPal supporting crypto purchases led the overall market sentiment to brighten within a short period. Immediately after the PayPal news was […]
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Scam websites posing as famous crypto projects ask for private keys so they can steal users’ funds. Decentralized finance yield farming platform Yearn Finance has a doppelganger that is tricking visitors into sharing the private keys of their cryptocurrency wallets. The scam website of Yearn Finance perfectly copies almost every aspect of the original yearn.finance website […]
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