Kraken CEO Jesse Powell Issues Tough Critique of ‘Reckless’ DeFi Launches
“Stop f**king up your bulls**t DeFi scams and expecting exchanges to bail you out,” Powell said.
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These 5 Ethereum Coins Are Being Accumulated by “Whales”
Ethereum and top altcoins have undergone strong retracements from their summer highs. Even still, investors remain bullish as they look out into the long run. Santiment reports that whales have been investing heavily in Ethereum and some ETH-based altcoins. These are REN, Chainlink, Aelf (ELF), Kyber Network (KNC), and 0x (ZRX). Some Ethereum Coins Are Being Accumulated By Whales Ethereum and top altcoins have undergone strong retracements from their summer highs. ETH, for instance, dropped
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Ocean V3 Brings Wave of Data Monetization Tools to Ethereum
A third version of Ocean Protocol has been released, fleshing out its vision for “datatokens” and decentralized data marketplaces.
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East meets West as eight top projects join global DeFi alliance
Eight of the western world’s top DeFi projects have joined an industry consortium that is supported by a Shanghai science and technology institution.
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Spotify competitor Audius airdrops $8M of tokens to users and artists
Audius has retroactively distributed $8 million in governance tokens to musicians and listeners who have been using the platform.
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BTC hash rate slumps amid seasonal miner migration in China
Analysts are anticipating Bitcoin’s second-largest negative difficulty adjustment of the year following the end of Sichuan’s rainy season.
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Opinion: Why The $100,000 Harvest Finance Bounty Is Absurd
Only if we put ourselves in the shoes of the attacker can we find a possible angle of negotiation in a bid to recover more from the 13 million USDC and 11 million USDT that were profited from the arbitrage scheme.Although the Harvest Finance team has acted responsibly in the face of an unprecedented-to-the-project crisis, their bounty reward initiative is naive.
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Exit scams and regulations disrupt global darknet markets
Recent exit scams have displaced the users of darknet markets, with Eastern European-only platform Hydra now the largest worldwide.
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Ethereum Prints Pivotal Bullish Signal as It Holds $390 Region
Ethereum is expected to move much higher in the months ahead as the leading cryptocurrency prints a bullish technical signal. Ethereum Bounces Cleanly Off $390 Horizontal Region in Bullish Move As the chart shared below shows, ETH recently bounced off the $380-390 horizontal region, which marks a win for bulls. The chart shows that over the past few months and even stretching into 2018, the high-$300s were an important level for Ethereum to hold. The
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Harvest Finance Exploit Explained, Team Announces Plan Of Action
The attacker used a flash loan from Uniswap to fund his arbitrage scheme, profiting a total of $24 million in the end.The Harvest Finance team has announced a $100,000 reward for anyone who is able to convince the attacker to return the funds.
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Ethereum Expected to Bounce as Price Cleanly Bounces Off $385
Ethereum has undergone a 6% drop over the past 24 hours in the face of the stock drop. The Dow Jones is down 3% during Monday’s trading session. Analysts think ETH could bounce, though, as the coin has recovered to $390. One analyst noted that the coin is now trading above the pivotal swing level at $390. Ethereum holding above that level is expected to trigger a recovery towards the $422 weekly highs as aforementioned.
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Alibaba’s Jack Ma praises the disruptive nature of digital currencies
The current conservative international financial system doesn’t suit young people or young economies, says Ma.
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Market Wrap: Bitcoin Falls to $12.7K as Global Equities Falter; Ethereum Fees Continue to Drop
Bitcoin’s price took a dive along with most other assets as Ethereum fees continue to dip.
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Ethereum’s Market Structure Suggests Move to $3,600 Could be Brewing
Ethereum is seeing some technical weakness today despite the strength seen by Bitcoin Some bearish events within the DeFi sector may be contributing to this, including a massive smart contract exploit that cost investors millions This has caused it to see some notable underperformance of Bitcoin throughout the past 24 hours Despite this short-term technical weakness, one analyst is still noting that the bull case is growing stronger each day He notes that a move
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Hedge Funds Failures, Bankruptcies and Pandemic Fatigue
As cases rise and the U.S. settles in for a fresh wave of COVID-19, the economic fallout from round one is still being felt, from hedge funds to bankruptcies and beyond.
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From DeFi to DeOps: How Public Blockchains Could Replace ERP Systems
As DeFi does away with middlemen in finance, “DeOps” could reduce the need for intermediaries in large-scale supply systems.
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