Alex

OpenZeppelin, a security audit company for Coinbase, identified $15B rugpull vulnerabilities in Convex Finance, whose anonymous developers later resolved the risk. The surprising discovery occurred during a security review of the Convex Finance protocol. A Bug Only Exploitable From the Inside The Security Research Team from OpenZeppelin found in late 2021 that a significant bug …

OpenZeppelin Found Potential $15B Rugpull in Convex Finance Read More »

Hi, MarketWatchers. Don’t miss these top stories. Disney’s latest Florida attraction: Affordable housing As Orlando rents skyrocket, Disney will hire a developer to build around 1,300 housing units on Walt Disney World’s property. Read More Oil companies say they’re not gouging drivers, but Americans are bracing for higher gas prices, especially those who don’t have …

Personal Finance Daily: Teen spending report shows they love Apple, Nike and Lululemon — and they use Apple Pay over Venmo, and Disney’s latest Florida attraction: Affordable housing Read More »

This is the first of a two-part series on the new era of financial warfare It was the third day of the war in Ukraine, and on the 13th floor of the European Commission’s headquarters Ursula von der Leyen had hit an obstacle. The commission president had spent the entire Saturday working the phones in …

Weaponisation of finance: how the west unleashed ‘shock and awe’ on Russia Read More »

Jamie Dimon – CEO of JP Morgan Chase – showed strong support for decentralized finance and blockchain technology in a recent letter to shareholders. His new take appears to be a 180 from his previous takes on crypto, and more in line with those of his company. Blockchain and Defi are ‘Real’ The letter, issued …

Jamie Dimon Praises Blockchain and Decentralized Finance Read More »

Do Kwon targets $10 billion BTC to back TerraUSD (UST). Terraform Labs founder and CEO Do Kwon added Bitcoin worth $230 million to Luna Foundation Guard’s wallet, buying 5,040 BTC on Wednesday as prices dipped again. Wednesday saw Bitcoin’s price below $45,000 amid negative market sentiment, providing a “buy-the-dip” opportunity for the Terra CEO. It …

Terra’s Do Kwon Buys $230 Million of Bitcoin Read More »

Goldman Sachs Group Inc. has announced plans to offer over-the-counter (OTC) Ethereum (ETH) options trading. According to the bank’s global head Andrei Kazantsev, the decision to offer Ethereum OTC options trading is pegged on rising customer interest in Ethereum, which is the second-largest cryptocurrency by market cap. On Tuesday in a Goldman Sachs Client Webinar, …

Goldman Sachs Group Inc. plans to provide OTC Ether options trading Read More »