Fei Protocol, a popular decentralized finance (DeFi) platform, has announced that it is offering a bounty of $10 million to any hackers who can successfully retrieve the funds stolen from various Rari Fuse pools. These funds are estimated to be worth nearly $80 million. According to smart contract auditor BlockSec, the aforementioned heist was put …
Fei Protocol offers $10M bounty for retrieval of $80M loot Read More »
this JPEG can have sex with this JPEG and make a new baby JPEG? Say what?” When CryptoPunks started out in 2017, they seemed silly to many. They were just 128 X 128 pixels. Who cares about that? They weren’t really cool until Gary Vee had a mastermind call with influencers and said, “Crypto Punks …
While the Otherdeed NFTs could be minted only in APE, it also required ETH for gas fees. 1944 Total views 12 Total shares While the community was witness to the largest NFT mint yet, Ethereum (ETH) gas prices rose to unprecedented levels, in addition to users experiencing failed transactions due to blockchain bottlenecks. Bored Ape …
ETH gas price surges as Yuga Labs cashes in $300M selling Otherside NFTs Read More »
In mid-February 2020, the total value locked within decentralized finance (DeFi) applications first exceeded $1 billion. Fueled by the DeFi summer of 2020, it wouldn’t even take a year before it multiplied 20-fold to reach $20 billion and only another ten months to reach $200 billion. Given the pace of growth so far, it doesn’t …
Liquidity has driven DeFi’s growth to date, so what’s the future outlook? Read More »
ApeCoin (APE) caught its bulls off-guard with APE price losing nearly 40% in just three days. No dutch auction APE’s price reached its second-highest level, hitting $27.57 on April 28, up more than 2,650% from its mid-March debut. Nonetheless, traders started unwinding their positions after Yuga Labs, the Bored Ape Yacht Club (BAYC) NFT collection’s …
ApeCoin slides 40% in three days despite Otherside metaverse land sale — here’s why Read More »
Seed phrases, a random combination of words from the Bitcoin Improvement Protocol (BIP) 39 list of 2048 words, act as one of the primary layers of security against unauthorized access to a user’s crypto holdings. But, what happens when your “smart” phone’s predictive typing remembers and suggests the words next time you try to access …
Warning: Smartphone text prediction guesses crypto hodler’s seed phrase Read More »
Topline As he looks to finance his massive acquisition of social media company Twitter, Elon Musk sold another 5.2 million shares of Tesla for roughly $4.5 billion, bringing his total share sales this week to nearly 10 million, according to new filings with the Securities and Exchange Commission released on Friday. Musk offloaded another 5.2 …
Elon Musk Sells More Tesla Stock—Bringing Total Sales To More Than $8 Billion This Week Read More »
Quick take: DeFi hackers have made off with over $10 million in Ethereum (3,540 ETH) from Saddle Finance The loss could have been higher, but white hat hackers from Block Sec Team rescued $3.8 million worth of Ethereum (1,360 ETH) The team at Saddle Finance has confirmed the hack Block Sec is in the process …
Saddle Finance Loses More than $10M in Ethereum to DeFi Hackers Read More »
The Curve Wars have been trending for quite some time now. With several top DeFi protocols vying for control by the accumulation of CRV tokens. Interestingly, the higher amount of CRV tokens a DeFi protocol holds translates to the level of influence they will hold over the DEX platform. Notably, the Curve Wars now have …
Curve Wars Arena – Yearn Finance | Inverse Finance Partnership Read More »
Over the last two years, there has been a huge rise in the growth of blockchain technology. As a result, several sectors within the industry have gained prominence. For instance, decentralized finance (DeFi) is one of the booming sectors of the industry. Every day, it appears that a new blockchain project is out in the …