Radiant Capital $58M hack an expensive ‘lesson’ for DeFi

The Sacramento Kings — who spearheaded Bitcoin (BTC) payments for fan merchandise back in 2014 — have revealed some of the quirks in their history of cryptocurrency engagement.According to a Nov. 21 report from Front Office Sports, the NBA team’s chief technology officer, Ryan Montoya, remarked:“People from all over the world were buying Kings jerseys,…

Tether’s competitors are exerting increasingly more pressure to push the world’s largest stablecoin issuer out of the crypto market, including political pressure aimed at reducing the firm’s leading market share. In the wider crypto markets, analysts are suggesting that most cryptocurrencies won’t see a widespread “altcoin season” rally in 2025, and only select tokens with

Users of Decentralized Autonomous Organization (DAO) MakerDAO (MKR) have voted to raise the so-called stability fee for Maker’s DAI (DAI) stablecoin by 4 percent, according to the results of a recent poll completed on March 21.The firm announced on Thursday that users had voted yes to the proposal to increase the stability fee by 4…

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An uptick in the USD currency index produces an instant plunge for BTC/USD, with the largest cryptocurrency sinking 5% on the day. Bitcoin (BTC) fell 5% to retest $11,000 on Sept. 2 as fresh strength in the U.S. dollar currency index appeared to spell trouble.Cryptocurrency market daily snapshot, Sept. 2. Source: Coin360BTC/USD sees sharp $12,000…

The South Korean blockchain hopes to fund its interoperability technology to create new cross-chain applications. 565 Total views 22 Total shares The ICON Foundation announced plans to launch an interoperability incentive program for 200 million ICX, or approximately $200 million at the time of publication. The foundation supports the development of the ICON network, South Korea’s…

BitTorrent creator Bram Cohen has added to controversy swirling around Tron CEO Justin Sun by claiming he did not fully pay him for the streaming platform.Bram Cohen says last payment for BitTorrent still in escrowIn a series of tweets July 25, Cohen said that the proceeds from the sale of BitTorrent, which Sun purchased last…

Payment processing giant PayPal started crypto payments in March 2020 and since then has been actively involved in the crypto payment sector. 896 Total views 7 Total shares American financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7.  The new US dollar-backed stablecoin will be issued by Paxos Trust…

The technical analysis tool is popular amongst crypto traders hopeful of securing an insight in the markets psyche. 2515 Total views 10 Total shares Recent data from the Crypto Fear & Greed Index indicates that the cryptocurrency market is experiencing a period of investor fear with a 3-month low score of 27 out of 100.By…