Pike Finance clarifies ‘USDC vulnerability’ statement on $1.6M exploit
Pike highlighted that the exploit occurred due to their team’s inadequate integration of third-party technologies such as the CCTP or Gelato Network’s automation services.
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Bitcoin Price: Bullish Macro Trend Intact — But $6,800 Will Be Key
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Price analysis 5/5: BTC, ETH, BNB, DOGE, XRP, ADA, DOT, LTC, BCH, UNI
Dogecoin (DOGE) skyrocketed above $0.69 today and flipped XRP to become the fourth largest cryptocurrency with a market capitalization of over $88 billion at its highest point. Galaxy Digital recently released a report titled “Dogecoin: The Most Honest Sh*tcoin,” and the document highlighted the fact that no updates have been logged in Dogecoin’s GitHub repository since 2017. Even the…
Tether for treason in Taiwan, East’s crypto exchange resurgence: Asia Express
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No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption
“Blood coin,” “clean coin” and maybe even “virgin coin” will become commonplace phrases as Bitcoin's environmental concerns continue to rage. 1806 Total views 23 Total shares Shark Tank and Dragon’s Den personality Kevin O’Leary is taking a stand against what he terms “blood coin,” that being Bitcoin (BTC) mined in China. The investor declared that…
Kazakhstan likely to lose Bitcoin hash rate leadership in next index update
Kazakhstan, one of the world’s top Bitcoin (BTC) mining locations, is likely to lose its BTC hash rate share leadership in the next hash rate distribution update, according to industry experts.According to Cambridge Bitcoin Electricity Consumption Index (CBECI), Kazakhstan was housing over 18% of the world’s BTC hash rate as of August 2021, following only…
Price analysis 1/15: BTC, ETH, XRP, DOT, ADA, LTC, BCH, LINK, XLM, BNB
Grayscale products witnessed $3.3 billion in inflows in the fourth quarter of 2020, a large jump over the $1.05 billion seen in the preceding quarter. According to Grayscale, institutional investors accounted for 93% of the new investments. The significance and magnitude of the investments can be gauged from the fact that in 20, Grayscale received $5.7…
How do DeFi protocols get hacked?
The decentralized finance sector is growing at a breakneck pace. Three years ago, the total value locked in DeFi was a mere $800 million. By February 2021, the figure had grown to $40 billion; in April 2021, it attained a milestone of $80 billion; and now it stands at above $140 billion. Such rapid growth…