The hacker behind the recent theft of $25 million from DeFi platform Lendf.me has leaked important data about himself, and is already signaling for peace. The world of decentralized finance (DeFi) suffered yet another incident on April 19 as Chinese lending platform Lendf.me, part of the dForce network, was drained of almost all of its […]
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Leading Chinese DeFi protocol has lost 99.95% of locked funds in a nearly $25 million hack. Chinese decentralized finance, or DeFi, protocol dForce has been exploited in a $24.95 million hack that has resulted in its Lendf.Me lending platform going offline. According to DeFi data aggregator DeFi Pulse, the total value of funds locked in […]
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Seasoned crypto traders explain their approach to the Bitcoin halving…and more! As May approaches and Bitcoin’s next halving draws near, hodlers, traders, and investors are all keen to know how this quadrennial event will affect the price of the world’s foremost cryptocurrency. To delve further into the halving, we talked to traders Michaël van de […]
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North Korean crypto and cyberattacks still in the crosshairs of several U.S. agencies, who have issued a new advisory against the regime’s cryptojacking and hacking programs. Several United States agencies issued what they call comprehensive guidance on North Korea’s cyber attacks, which have hacked cryptocurrency exchanges and used cryptojacking and ransomware to finance the regime. […]
Continue ReadingCrypto payment and fiat on-ramp solutions Wyre and MoonPay have seen increased volume in recent weeks. Although the world has largely come to an economic halt amid coronavirus prevention measures, crypto companies MoonPay and Wyre have seen volume numbers climb. “We’ve seen a huge spike in retail volume over the past few weeks,” Jack Jia, […]
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With many industries taking a hit due to the ongoing coronavirus crisis, how are providers in the crypto sector faring? Despite hopes that a peak of the coronavirus cases is near, the pandemic continues to impact almost every aspect of daily life, becoming a rolling news ticker in itself. When such a disaster strikes, it […]
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The eternal battle between the ideology of decentralization and the pragmatism of the real world underpins most of the discussion on the future of MakerDAO. As part of its Black Thursday mitigation efforts, MakerDAO introduced USDC as a form of collateral. While this was an emergency measure, it touched the very sensitive topic of centralized […]
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ANSA, Italy’s main news agency, partnered with Ernst & Young to combat fake coronavirus news with blockchain. Amid the global pandemic crisis, the importance of ensuring trusted information is getting more crucial as fake coronavirus news poses a direct threat to life and health of people worldwide. While some global jurisdictions are imposing fines and […]
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A popular YouTube channel has been hacked and is live-streaming a purported AMA with Coinbase CEO Brian Armstrong while trying to scam viewers out of Bitcoin. A popular YouTube channel has been hijacked and is currently live-streaming a purported ask-me-anything (AMA) with Coinbase CEO Brian Armstrong. However, the stream, which appears to have been running […]
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Changes to Japanese regulations on crypto — the Payment Services Act and the Financial Instruments and Exchange Act — will be enforced on May 1. New laws for regulating cryptocurrencies in Japan will start to be enforced next month. The Payment Services Act (PSA) and Financial Instruments and Exchange Act (FIEA), two of the pieces […]
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