News

Unikrn, a Seattle-based e-sports platform, has agreed to pay a $6 million fine to settle a complaint by the US Securities and Exchange Commission that said it raised $31 million by selling unregistered securities, according to a release. $6 million fine agreed The firm previously boasted celebrity investors like Ashton Kutcher and Mark Cuban, and […]

Bitcoin’s recent correction that brought it from the $12,000 highs to $9,800 didn’t catch all analysts off guard. In late August, approximately 10 days before everything began trending lower, on-chain and technical analyst Willy Woo said that the “next move is [likely to be] bearish,” referencing the high-$9,000s as a likely landing point for BTC. […]

On September 14, the multi-signature signatories behind SushiSwap — the controversial Uniswap fork that has become one of the largest Ethereum coins and apps within two weeks of its launch — bought back around $14 million worth of SUSHI. As reported by CryptoSlate, what happened was that the pseudonymous co-founder of the project sold a […]

A new cybersecurity report said privacy protocol Monero was used in most of the cryptojacking attacks traced this year. The cryptocurrency remains one of the most-used among illicit groups due to its strong privacy-features, one that even the US Security and Exchange Commission is trying to break into. Monero emerges on top Titled “Attacks in […]

Chainlink’s famed decentralized price oracles will now provide data to Crypto.com’s newest DeFi-focused product, as per an announcement on Monday. Crypto.com onboards Chainlink oracles A few days after Hong Kong-based crypto exchange and crypto card provider Crypto.com unveiled its DeFi Swap — a Uniswap fork and automated market maker — the firm onboarded Chainlink’s oracles […]

Decentralized finance has undoubtedly grown exponentially over the past few months, with the value of DeFi coins and the value of cryptocurrency locked in these contracts simultaneously going parabolic. What’s crazy is that DeFi went months without a hack or a major bug that resulted in a loss of user funds despite a strong uptick […]

It appears that decentralized finance (DeFi) has not peaked despite a deluge of scammy projects and clear copy-cats of popular protocols. Just recently, a new .finance project launched with the name of Pickle. Despite it being named after a food and having the logo of Pickle Rick from Rick and Morty, Pickle — or Pickle […]

The DeFi community has been captivated by the news surrounding the faulty launch of the YAM platform last month, when a flaw in the platform’s unaudited smart contracts resulted in the YAM token becoming worthless. Thanks to a successful community-based fundraising effort that garnered participation from industry figures like BitMEX founder Arthur Hayes and other […]

Blockchain protocol bZx suffered a hack early Monday, with hackers making away with almost $8 million in various cryptocurrencies before the vulnerability was patched. bZx hit thrice bZx is a decentralized margin lending protocol & liquidation oracle marketplace on the Ethereum blockchain. Its protocol allows users to deploy smart contracts atop Ethereum to lend and […]

Ethereum has shaken off the intense weakness it expressed throughout the day yesterday, with the cryptocurrency’s bulls now flexing immense signs of strength as its price pushes up towards the key resistance at $380. Where the cryptocurrency trends in the near-term may depend largely on how it continues reacting to this crucial level. If buyers […]