Tag: DeFi

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Increased utility in DeFi, NFTs back Ethereum’s 3-year high in its ETH/BTC pair

Ethereum price hit a new all-time high in its ETH/BTC pair and a classic technical analysis pattern suggests the altcoin has a lot more upside. This week, Ether (ETH) price reached a new 2021 high against Bitcoin (BTC), bringing its year-to-date returns slightly above 350% and according to technical analysis, the rally could extend even…
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Badger DAO Appears to Have Lost Over USD 62M in an Attack

  Badger DAO, a decentralized autonomous organization (DAO) that enables bitcoin (BTC) to be used as collateral across decentralized finance (DeFi) applications, has fallen victim to an exploit.  It was originally speculated that the project has lost over USD 10m worth of cryptoassets. However, Etherescan transactions suggest that one of the affected users has lost…
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A Multichain World Is Key to the Success of Web 3.0 and the Metaverse

  Matthew Niemerg, Ph.D., is the co-founder and president of Aleph Zero Foundation—a Swiss non-profit offering a new infrastructure layer with a scalable plug-and-play privacy solution leveraging zero-knowledge proofs (zk-SNARKs) and Secure Multiparty Computation (sMPC).  ____… Read More: A Multichain World Is Key to the Success of Web 3.0 and the Metaverse  Read more »Pay,…
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Craig Wright & Deadlock, Randi Zuckerberg Gets a Crypto Task + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Craig Wright & Deadlock, Randi Zuckerberg Gets a Crypto Task + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Exploit Allows Hackers to Siphon $120 Million From Defi Protocol Badgerdao

The decentralized autonomous organization (DAO) called Badgerdao has disclosed that it has “received reports of unauthorized withdrawals of user funds.” The analytics team Peckshield estimates that over $120 million was siphoned in the Badgerdao breach. Badgerdao Suffers $120 Million Exploit — Engineers Pause Smart Contracts According to the official Badgerdao Twitter account, the team has…
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Metaverse is a ‘Massive, Massive Opportunity’ for Crypto – BofA Strategist

  The metaverse will be what finally pushes crypto to be used as currencies in the virtual world, a strategist at Bank of America (BofA) said about the potential of the fast-growing crypto niche…. Read More: Metaverse is a ‘Massive, Massive Opportunity’ for Crypto – BofA Strategist  Read more »Pay, Trade, Buy Bitcoin with Credit…
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Grayscale vs. SEC, Fidelity’s Bitcoin ETF, Investments in Metaverse, NFTs + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________   ___(Updated at 17:20 UTC with a paragraph about the Hashed Venture Fund II)…. Read More: Grayscale vs. SEC, Fidelity’s Bitcoin ETF, Investments in Metaverse, NFTs + More News  Read more »Pay, Trade,…
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Dex Aggregator 1inch Network Raises $175 Million in Series B Funding Round

1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build new protocols. 1inch Raises $175 Million From Strategic Investors Over the…
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Borderless Capital launches half billion dollar fund for Algorand projects

Borderless Capital is looking to use its $500 million fund to back projects powering the “next generation” of decentralized projects on the Algorand blockchain. Capital venture firm Borderless Capital has launched a fund worth $500 million to support projects building on the Algorand blockchain. According to a Nov. 30 announcement from the Miami-based company, the…
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As Traditional Treasuries Go Out Of Date, DAOs Are Changing The Playing Field

‘Redmption’ is the community foreman at decentralized finance (DeFi) project Harvest Finance.  __________… Read More: As Traditional Treasuries Go Out Of Date, DAOs Are Changing The Playing Field  Read more »Pay, Trade, Buy Bitcoin with Credit Card