Pike Finance exploited for $1.6M in second incident in 3 days

May 1, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

A smart contract vulnerability led to nearly $2 million worth of lost funds within three days on Pike Finance, which is offering a 20% reward for the stolen assets.

The decentralized exchange has moved onto Arbitrum to help users get around Ethereum network congestion and expensive gas fees. 90 Total views 5 Total shares Decentralized exchange (DEX) aggregator KyberSwap has launched on the layer-2 Ethereum scaling solution Arbitrum network.The move puts Kyberswap on its seventh network or scaling solution along with Ethereum (ETH), Polygon…

Bill Clinton: ‘Permutations and Possibilities of Blockchain are Staggeringly Great’

Former U.S. President Bill Clinton said that the “permutations and possibilities of blockchain technology are staggeringly great,” at Ripple’s annual Swell conference in San Francisco on October 1.Following a keynote address at the event, Clinton spoke with Gene Sperling, who was his economic advisor from 1996-2001, where they covered a range of topics from foreign…

Winklevoss brothers mull IPO for Gemini crypto exchange: Report

The Winklevoss brothers are reportedly considering another IPO for Gemini after deciding not to pursue a public listing in 2021.

Texas following El Salvador? Poll shows 37% of residents want crypto payments

Two pieces of legislation related to cryptocurrencies recently took effect in the state, and many businesses already accept digital payments. 414 Total views 11 Total shares A new poll from Newsweek suggests that as many as 10.8 million Texans may support legislation that makes cryptocurrency legal in the next election.According to a Sept. 20 report,…

SEC Commissioner Peirce Asks ‘Who Did We Protect?’ in Telegram Shutdown

Commissioner Hester Peirce clearly doesn’t see the SEC’s courtroom win against Telegram as a victory for the regulator or innovation in the U.S. 1064 Total views 14 Total shares In her July 21 speech for Blockchain Week Singapore, Securities and Exchange Commissioner Hester Peirce, known among the industry as ‘CryptoMom,’ spoke out on her opposition…

Bank of Jamaica mints the first batch of national digital currency

The Bank of Jamaica plans to issue a total of $1.5 million of CBDC to institutions and authorized payment service providers as part of a pilot ending this December. 775 Total views 5 Total shares Jamaica is aggressively progressing with the country’s central bank digital currency (CBDC) as the Bank of Jamaica, or BOJ, has…

The economics of cryptocurrency mining: Costs, revenues and market trends

Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry. Own this piece of history Collect this article as an NFTMining refers to the process of verifying and adding new transactions to a blockchain network, such as in the case of Bitcoin (BTC) or other cryptocurrencies. The…

Goldman Sachs Ramps Up Development of New Secret Crypto Project

A new job listing from investment banking giant Goldman Sachs reveals apparent intentions to pursue digital asset development at an unprecedented pace. The listing, now live, seeks a Digital Asset Project Manager under the aegis of the bank’s GS Accelerate in-house incubator program.In a summary of the role, the bank indicates that the future hire will…

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