The person(s) that attacked Lendf.Me, the lending protocol in the "decentralized finance protocol" dForce network – actually returned the money they had stolen, allegedly because they broke the number one rule in hacking: don’t reveal your identity. As reported yesterday, Lendf.Me was attacked on Sunday and a whopping USD 25.2 million were drained from. Read…
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Brad Garlinghouse. Source: a video screenshot, Youtube/Bloomberg Technology Ripple, an American blockchain company focusing on payments technologies, has announced a lawsuit against the video sharing giant YouTube. (Updated at 19:06: the first section of the article has been updated.) "Today, we are taking legal action against YouTube to prompt an industry wide-behavior change and set…
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The market sentiment cut its string of gradual, week-per-week growth. After four weeks of minor upward movements, and last week’s break into the 5-6 score level with a sentscore of 5.27, this Monday the combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins dropped slightly to 5.2/10, as measured by crypto…
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Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Bibox Listings: BNTDE (BNTDE) MarketPeak (PEAK) Read more »Pay, Trade, Buy Bitcoin with…
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The Chinese central bank, the People’s Bank of China (PBoC), has officially confirmed a number of digital currency testing reports – and has indicated that testing will soon begin in the country’s capital, Beijing. The PBoC has also rushed to insist that a digital yuan rollout will not spark inflation in the Middle Kingdom. The…
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The DeFi (decentralized finance) industry just suffered another blow that reminds us that DeFi is still very much uncharted territory. What makes it worse is that the vulnerability used has reportedly been known. A blockchain security company PeckShield offered a detailed look into the attacks and their execution, stating that this was a known reentrancy…
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Chinese tech companies have been hurridly issuing statements denying they are involved with digital currencies – as stocks in domestic IT firms continue to soar on exchanges in the Middle Kingdom. And it seems that even though some leading companies have been going to great pains to distance themselves from the digital yuan, many Chinese…
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In an attempt to ease regulatory concerns, Facebook’s Libra just changed its initial plan to issue the multi-currency Libra Coin and now aims to start from single-currency stablecoins, such as LibraUSD, LibraEUR, etc. Also, the project dropped its plan to move to a permissionless system. "This will allow people and businesses in the regions whose…
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Changpeng Zhao. Source: Instagram, Binance Initial Exchange Offering (IEO) are still very much a thing and will thrive in the future, said Changpeng Zhao, CEO of major crypto exchange Binance. "I am still very confident in the IEO market," Zhao said, speaking at the virtual BlockDown 2020 conference today. He went on to explain that…
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Recently, bitcoin price extended its decline below the USD 6,550 support area. However, losses were limited and BTC/USD bounced back sharply after tagging the USD 6,500 area. It is now trading above USD 6,850 and attempting another upside break above the USD 7,200 resistance. Similarly, most major altcoins are reversing losses and showing positive signs…
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