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Stablecoin protocol Reserve invests $20M in Convex, Curve and Stake DAO
The Reserve team said the investment could allow for new features such as collateralized loans and wallet products. 453 Total views 2 Total shares Stablecoin protocol Reserve is investing $20 million into the governance tokens of yield farming apps Curve (CRV), Convex (CVX) and Stake DAO (SDT), according to a June 20 announcement. The investment…
Programming Languages Used in Blockchain, Explained
1. First, what are programming languages for? Aside from functionality, programming languages are essential in ensuring that blockchain networks and crypto infrastructure are secure. Their role is simple: They enable computers to understand instructions. While there is some overlap in the programming languages used to develop conventional software and technology for blockchain platforms, the workflows…
MEV bot scam rides AI hype to return under new name, says SlowMist
Blockchain security firm SlowMist found a growing number of people lost funds to fake trading bots that use OpenAI’s ChatGPT in the name to build legitimacy.
Circle CEO ‘able to access’ $3.3B of USDC’s reserves at Silicon Valley Bank
Circle’s earlier disclosure that $3.3 billion worth of USDC reserves were held with Silicon Valley Bank resulted in it losing market share to its competitor USDT. 438 Total views 10 Total shares Own this piece of history Collect this article as an NFTCircle CEO and co-founder, Jeremy Allaire, confirmed that, as of March 13, the…
Bitcoin price action ‘tough to call’ after Fed rate decision — Zerocap
Bitcoin could rally as high as $65,000 following expected rate cuts later this week but analysts fear US election uncertainty could keep crypto asset prices lower for longer.
Bitcoin traders cross fingers in hopes that a positive Fed meeting triggers a run to $18K
Bitcoin (BTC) failed to break above the $17,250 resistance on Dec. 11 and subsequently faced a 2.2% correction. More importantly, the last daily close above this level was over 30 days ago — reinforcing the thesis of size sellers near the $330 billion market capitalization mark.Curiously, this valuation level is slightly behind Palladium, the world's…
Sandwich trading bots lose bread and butter in $25M exploit
The CertiK team told Cointelegraph that this is one of the biggest exploits they’ve seen on MEV bots since September 2022. 482 Total views 9 Total shares Own this piece of history Collect this article as an NFTMaximal Extractable Value (MEV) bots who were trying to perform “sandwich trades” got outsmarted by a rogue validator,…
Time to ‘pull the brakes’ on Ethereum and rotate back to Bitcoin: K33 report
“The gravitational pull in crypto for the time being stays in BTC,” said K33 senior analyst Vetle Lunde. 383 Total views 3 Total shares The relatively lackluster performance of nine new Ethereum futures exchange traded funds (ETFs) has prompted analysts at K33 Research to urge a “rotate back” into Bitcoin (BTC). In an Oct. 3 market