Dough Finance loses $1.8M in flash loan attack
The attacker exploited unvalidated calldata, resulting in 608 ETH being stolen.
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Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to spot descending channel patterns can help traders avoid buying in a bearish trend.A “descending channel,” also known as a “bearish…
Largest difficulty drop since July 2021 — 5 things to know in Bitcoin this week
Bitcoin (BTC) is off to a better start than most this week as bulls avoid serious losses into the weekly close.Still heavily tied to declining stock markets, the largest cryptocurrency is nonetheless defending $30,000 on May 23 and eyeing the top of its post-Terra (LUNA) trading range.While there are no signs of an impending miracle…
Iceland: Draper Associates Leads $5 Million Funding Round for Blockchain-Based ID Platform
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US Debt Hits $25T — Stimulus Checks That Bought Bitcoin Now Worth $1.6K
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Waves-backed stablecoin USDN breaks peg again amid protocol upgrade
Algorithmic stablecoin USDN fell to $0.90 marking the fourth time that it failed to defend its dollar peg in 2022. As the crypto community tries to navigate the bear market and recover from the onslaught brought about by stablecoin incidents like the Terra crash, another algorithmic stablecoin shows signs of struggle as it falls below…
Turkish police detain 62 over alleged $2B Thodex crypto exchange fraud
After major Turkish crypto exchange Thodex abruptly halted trading amid fears of a possible exit scam, police have already detained 62 people across eight provinces and issued detention warrants for 16 more. 4767 Total views 30 Total shares Turkish police have detained 62 people as they continue to investigate an alleged exit scam potentially affecting…
Gemini receives license to provide electronic money services in Ireland
The license does not allow Gemini to operate as an exchange in the country, but it will let it passport e-money services throughout the EEA. 165 Total views 3 Total shares Cryptocurrency exchange Gemini has received an electronic money license from the Central Bank of Ireland. It was the 18th organization to receive the license,…
Indonesia launches its crypto exchange and clearing house
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