7 DeFi Hacks, 30B VC Dollars and 20 Crypto Jokes
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Terra’s Mirror protocol warns community against governance attack
The attacker launched a public poll on Mirror’s official website, which falsely proposes a freeze on the community pool in case of a scam. If executed as planned, the attacker would receive 25 million MIR tokens. Public blockchain network Terra has confirmed an ongoing scam attack via an official governance poll on Mirror, an in-house…
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Web 3.0 Wars are Becoming Personal as Jack Dorsey Draws the Decentralization Line
Jack Dorsey, Twitter’s ex-boss and current CEO of payments company Block (formerly Square), is again on the offensive, criticizing ethereum (ETH) and other altcoins for being largely centralized and controlled by the interests and incentives of venture capitalists (VCs)…. Read More: Web 3.0 Wars are Becoming Personal as Jack Dorsey Draws the Decentralization Line…
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Fei-Rari Union Approved, Marking One the Largest DAO Mergers in DeFi History
A vote to merge Rari Capital, an open interest rate protocol that allows the creation of permissionless lending pools, and Fei Protocol, issuer on the native algorithmic stablecoin FEI, was approved on Tuesday at Ethereum (ETH) block height 13850929. Looking at the total value locked (TVL) in these projects, per DeFi Pulse, Rari Capital…
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VCs Fight Back as Jack Dorsey, Elon Musk Attack ‘Web3’ Narrative
A fresh Twitter discussion about whether ‘Web3’ is something worth fighting for, or if it’s simply a term made up by venture capitalists as way to make money, is taking the crypto community by storm today – as everyone from Jack Dorsey to Elon Musk and well-known venture capitalists joined the online battle…. Read…
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We Were All Millionaires and 20 Crypto Jokes
This week, we were all millionaires and billionaires. Shortly. Also, not really. … Read More: We Were All Millionaires and 20 Crypto Jokes Read more »Pay, Trade, Buy Bitcoin with Credit Card
Cryptoverse Smarts as ‘Bad Actor’ Readies to Talk Stabelcoins to US Senate
A US Senate hearing will hear testimony on stablecoins today – but some crypto community members have expressed concern that some of those summoned before the American upper house could be bringing misinformation and inaccuracy to the table…. Read More: Cryptoverse Smarts as ‘Bad Actor’ Readies to Talk Stabelcoins to US Senate Read more…
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SUSHI Jumps 10% as New Takeover Proposal is Met with Mixed Reactions
The price of SUSHI, the governance token of the SushiSwap decentralized exchange, appreciated on Monday after a new proposal for the restructuring of the Sushi Decentralized Autonomous Organization (DAO) emerged. At 13:02 UTC on Monday, SUSHI traded at USD 6.05, up 10.6% over the past 24 hours and 14.9% for the week. Overall, it’s…
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Missed Bottoms, Tanking Exchanges, Hamstering Mongooses and 20 Crypto Jokes
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Ethereum Proposals, DeFi Hacks, Name Changes and 20 Crypto Jokes
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