News

It may seem like a broken record at this point but yet another decentralized finance (DeFi) protocol was recently exploited. And, once again, the exploit took place on a competitor of Yearn.finance (YFI). Here’s more about what happened, and what DeFi users can do to prevent their funds from being attacked moving forward. Yearn.finance fork […]

Ever wondered how much cryptocurrency Wall Street veteran Mike Novogratz owns (or at least owned)? In a recent podcast, he recently answered this question and also revealed his thoughts about the Bitcoin and broader crypto market. How much Bitcoin and Ethereum did Mike Novogratz buy? Mike Novogratz became one of the earliest Wall Street supporters […]

In May, Bitcoin underwent its long-awaited block reward halving. The number of coins mined per block was cut in half, leading many to expect a massive surge as the market supply of BTC was technically supposed to decrease relative to demand. And it did… kinda. Since the halving, Bitcoin has gained 70 to 80 percent […]

On-chain analysis and security company Chainalysis announced the launch of its “asset realization program” to help government agencies and insolvency practitioners handle, store, realize, and monitor seized assets, as per a release earlier this week. The program was launched just days after US authorities seized over $1 billion in Bitcoin—belonging to the now-defunct darknet marketplace […]

If you’ve followed DeFi on Twitter, you’ve likely heard of the name “DegenSpartan.” The pseudonymous investor, believed to be based in Asia, has become one of the most popular voices within the Ethereum and DeFi community, having entered this crypto industry extremely early on. The thing is, no one knows where he came from, who […]

Yesterday, holders of the UNI coin and other members of the DeFi ecosystem were invited to join an unofficial-though-important Uniswap governance call. The idea was to give stakeholders a chance to talk about Uniswap’s governance structure, along with discussing important matters like the UNI liquidity mining program set to end next week. Here are some […]

Despite Ethereum being the backbone for the rapidly growing decentralized finance ecosystem, the cryptocurrency has been severely underperforming Bitcoin throughout the past few weeks. This underperformance comes as its price remains below its 2020 highs, while BTC is trading at the highest levels seen in the time following its parabolic uptrend in 2017. Although its […]

PayPal, the payments conglomerate, integrated crypto purchases in October 2020, earning praise from the cryptocurrency community. But industry executives and crypto investors are bewildered by the company’s descriptions of Bitcoin, Ethereum, and Litecoin. How did PayPal describe Bitcoin and other major crypto assets? Albeit PayPal’s descriptions of major crypto assets are not factually incorrect, industry […]

The price of Bitcoin is showing stability above $16,000 after a continuous rally since November 10. Every major dip was aggressively bought up, allowing BTC to sustain strong momentum. Yet, there is little mainstream hype behind the rally. According to Google Trends, compared to the 2017 rally when Bitcoin hit $20,000, there is noticeably lower […]

With billions of dollars on the line, it is no surprise that the decentralized finance (DeFi) space has been rife with hacks and exploits on innocent contracts. To name one of the many recent exploits of DeFi contracts, Harvest Finance was hacked for $25-33 million in stablecoins due to a so-called “flash loan attack.” There […]