Montana’s Bitcoin reserve bill rejected by House lawmakers
Montana’s House of Representatives voted 41-59 against a bill that could have seen the US state establish a Bitcoin reserve.
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Half of Uniswap v3 liquidity providers are losing money: New research
A recent study of Uniswap v3 pools revealed that on average, almost half of the liquidity providers are losing money due to impermanent losses. 2424 Total views 15 Total shares Recent research shows that impermanent losses have become an increasing issue for liquidity providers on Uniswap v3. A Nov. 17 report by Topaz Blue and the…

Value DeFi protocol hacker flooded with sob stories after returning $95K DAI
On Nov 14, an unknown party exploited flash loans via the decentralized finance protocol Value DeFi to the tune of $5.4 million. A number of individuals have received a portion of their stolen funds back, however, after pleading with the hacker using input data on the Ethereum blockchain.According to data from Etherscan, the hacker sent…

Cointelegraph Consulting: DeFi hit by a tsunami of liquidations in May
The savage sell-off that took place in mid-May fueled volatility in markets and triggered liquidations among numerous decentralized finance protocols. Like an earthquake, the market fall exacerbated the biggest wave of liquidations in DeFi history. The market experienced a higher amount of liquidation on May 19 than in the past two years in the DeFi…

Terpin Fires Back at AT&T’s Motion to Dismiss $200M ‘SIM Swap’ Claim
Crypto investor Michael Terpin has filed an opposition to telecom giant AT&T’s motion to strike out his $200 million punitive damages claim in the long-running SIM swap caseTerpin was the victim of attacks in 2017 and 2018 and lost $24 million in cryptocurrency. The investor asserts that his device was compromised as a result of…

Blockchain Platform Believes It Is the ‘Golden Ticket’ for Saving the Live Events Industry
A new blockchain-based platform says it has bold plans to transform the events industry — eliminating middlemen to reduce costs for organizers, promoters, entertainers, suppliers and consumers alike.Evedo argues that the sector’s scalability has been dramatically affected by a “lack of innovation” in the way events are organized. A multitude of platforms are often used…

In an Uneven Market, Most Cryptos Seal Further Growth, Some Alts See Corrections
Sunday, September 2: crypto markets are today seeing strong momentum — both positive and negative —with a majority of crypto assets firmly in the green, while some large-market-cap alts have posted corrections, as Coin360 data shows.Market visualization from Coin360Bitcoin (BTC) is trading at around $7,244 at press time, up around 2.4 percent on the day,…

Korean investigation finds $1.48B in illegal overseas crypto transactions
More than 30 people are facing fines and prosecution in South Korea for allegedly contravening the country’s ban on overseas crypto transactions. 584 Total views 5 Total shares An interagency investigation into suspected crypto fraud and money laundering in South Korea has led to the discovery of 1.69 trillion won (about $1.48 billion) in illegal…

Turning up the volume: Blockchain projects aim to disrupt the music industry
Music is a tricky business. The industry has its fair share of controversies, from monopolies to the limited earning potential for upcoming artists. While Web2 brought many positive changes, the industry still has a long way. Because of this, projects are trying to utilize blockchain technology to provide new solutions to the age-old music market.In…