Beanstalk, a decentralized credit-based stablecoin protocol, fell victim to a flash-loan attack over the weekend that saw the protocol exploited for USD 182m worth of crypto. However, the attacker managed to cash out ‘only’ USD 80m. According to blockchain security firm PeckShield, the attacker ran away with ETH 24,830 and the protocol’s stablecoin BEAN…
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UST market cap has surged to flip BUSD, however, its trading volumes are still only around one-fifth worth of the Binance digital dollar. The Terra (LUNA) blockchain’s algorithmic stablecoin Terra USD (UST) has flipped Binance USD (BUSD) to become the third-largest stablecoin on the market. UST is a USD-pegged stablecoin that was launched in September…
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Hyundai also gave cryptic clues to a possible Metaverse in line with its earlier concept for robots to bridge the real and virtual worlds to enhance mobility. South Korean automobile manufacturer Hyundai announced today, April 18th, that it has partnered with the Meta Kongz NFT project to create a limited collection of 30 NFTs launching…
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USD runs the show behind the scenes as the Easter weekend sparks pain for Bitcoin bulls. Bitcoin (BTC) starts a new week with all quiet on traditional markets but a storm brewing in crypto. As the Easter long weekend continues for the United States and much of Europe, traders are keenly eyeing whether Bitcoin can…
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A bitcoin ATM operator has been indicted in New York for running an illegal business “marketed towards individuals engaged in criminal activity.” The district attorney in charge described: “Robert Taylor allegedly went to great lengths to keep his bitcoin kiosk business as secret as possible to attract a clientele that would pay top dollar for…
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Bitcoin price remained in a range below the USD 41,200 resistance zone. BTC is currently (04:27 UTC) moving lower and trading below USD 39,500. If the bears remain in action, the price could drop to USD 39,000. It’s now down almost 3% in a day and 7% in a week…. Read More: Bitcoin and…
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The average BTC transaction fee saw a steady decline from an all-time high of $62.788 in April 2021 before coming down. The average transaction fee per Bitcoin (BTC) transaction made a complete 360-degree over nearly two years to settle down at $1.039, a number which was last recorded back in June 2020. The BTC transaction…
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American astronaut Scott Kelly recognizes that blockchain has a lot of potential and believes that it will someday contribute to space development. After celebrities, athletes and politicians jumped into the nonfungible token (NFT) mania, the growing industry has pulled in a veteran astronaut to share his time in space through NFTs. In a Cointelegraph interview,…
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The National Securities Commission (CNV), which is the Argentinian securities watchdog, recently launched an innovation hub with the goal of advancing conversations about cryptocurrency and fintech investments. This organization will serve as a link between private entities and the institution, to advance new fintech and crypto-regulated instruments to the market.
Argentinian Securities Regulator Assigns…
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The simultaneous purchase and sale of crypto assets is called wash trading. Read this guide to understand the purpose of a wash trade. Why is wash trading a problem for the NFT space? NFT wash trading is a problem for investors, the global community, collectors and traders because these participants use less liquid nonfungible tokens…
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