The monetary authority in Australia is beginning research into the potential economic benefits of issuing a central bank digital currency. Within the project, the regulator hopes to identify use cases...
Tag: Finance
More Than $600K Vanishes From DeFi Project Blur Finance as Developers Disappear
The move is a textbook rug pull, a scam carried out by developers who launch a working decentralized finance (DeFi) application and carry out social media marketing to popularize it before issuing a t...
Yearn Finance (YFI) Price Prediction 2022 – Will YFI Hit $30K Soon?
Bullish YFI price prediction for 2022 is $11418 to $25,677.54. The YFI price will also reach $30K soon. Bearish YFI price prediction for 2022 is $3886. In Yearn Finance (YFI) price prediction 2022, we...
Curve Finance hacked and $570K stolen
The crypto winter has not spared anybody. Investors, crypto exchanges, and decentralized finance ecosystems have all become casualties. Curve Finance, an automated market maker that allows users to tr...
Curve Finance DNS Hijacked, Attackers Stole $570K from User Wallets
In another major security incident in the crypto space, decentralized crypto exchange Curve Finance found its DNS being hijacked. The hackers managed to deploy a malicious contract on the home page, w...
Ethereum, PancakeSwap, And Celphish Finance: 3 Cryptocurrencies To Survive The Bear Market
It is possible to say that cryptocurrencies have recently gone through a very difficult period. While investors consider the downtrend an opportunity to buy the dip, analysts agree that this situation...
Curve Finance Asks Users To Revoke Recent Con…
Curve Finance became the latest target in a long list of exploits that have decimated the crypto space in 2022. The protocol reported that an exploit on the site’s nameserver and front end resulted in...
Why Lido Finance [LDO] is still a king in the ETH staking world
Ethereum’s final transition into a proof of stake network is the most anticipated event in the blockchain and cryptocurrency ecosystem this year. It is therefore imperative to constantly assess how pl...
How Decentralized Finance (DeFi) Can Bank The Unbanked
– Advertisement – In the world of blockchain, the vast majority of decentralized finance news focuses on how this industry can further innovate financial technology, improving existing fea...
Curve Finance front end UI compromised in DNS hack – users advised not to interact
Update: Curve has announced the issue has been fixed and says it is safe to use again. The issue has been found and reverted. If you have approved any contracts on Curve in the past few hours, please ...
Curve Finance Exploited in Ongoing Attack
Key Takeaways Curve Finance is suffering from an ongoing exploit. A malicious contract has so far siphoned more than $573,000 from victims. The Curve team has warned users against interacting with the...
Bitcoin.com to introduce Bitcoiners to decentralized finance: KBW 2022
Crypto platform Bitcoin.com is looking to expand its ecosystem by introducing Bitcoin (BTC) holders to the world of decentralized finance (DeFi) and implementing new services such as a decentralized e...
Brazilian Central Bank Head Considers Bitcoin as an Innovation in Finance
Most central banks and financial authorities openly considered cryptocurrencies bad and even termed it as a threat to traditional finance. However, there are several people among those critics of cryp...
How a 30-something TikToker with 1.5 years of finance experience became Gen Z’s finfluencer version of Warren Buffett
In a TikTok video with 14.5 million views, Humphrey Yang depicts a father giving a son an iPhone 13 under the condition that it’s returned in one year. The son (also played by Yang in the skit) reason...
Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments – Finance Bitcoin News
A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and r...
Debridge Finance Accuses North Korean Hackers Lazarus Group Of Cyberattack
In 2022, the crypto industry witnessed several attacks against DeFi protocols such as cross-chain bridges. Majority of these hackers remain unknown. However, a North Korean hacking collective, L...
Report Shows Crypto Startups Raised $30.3 Billion in H1 2022, Exceeding Total Raised in 2021 – Finance Bitcoin News
While cryptocurrency markets have seen poor performances during the first two quarters of 2022, a recently published fundraising report authored by Messari researchers notes that $30.3 billion was rai...
Debridge Finance Suspects North Korean Hacking Syndicate Lazarus Group Attacked the Protocol’s Team – Bitcoin News
According to the co-founder of Debridge Finance, Alex Smirnov, the infamous North Korean hacking syndicate Lazarus Group subjected Debridge to an attempted cyberattack. Smirnov has warned Web3 teams t...
Hackers From North Korea Seen As Culprits In DeBridge Finance Cyberattack
Hackers from North Korea has reportedly found a new victim in DeBridge Finance, a cross-chain interoperability and liquidity transfer protocol, multiple sources disclose, Saturday. Based on DeBridge’s...
Uniglo (GLO), Convex Finance (CVX) And Synthetix (SNX) Show Great Gains Come From Solid Concepts
If you want to set your portfolio up for the biggest chance of success, you need to invest in solid projects. While people have made money from memecoins and sentiment-driven price pumps in the past, ...
North Korean Hackers Behind DeBridge Finance Attack: Co-Founder
Alex Smirnov, co-founder and project lead at DeBridge Finance, took to Twitter on Friday to report that his company was the target of an attempted cyberattack by the infamous North Korean Lazarus Grou...
Got Hidden Income? The IRS May Get More Money to Find You
If Congress passes the Inflation Reduction Act, Americans should expect more IRS audits—especially on filers making more than $400,000 a year. The surprise agreement between Sens. Chuck Schumer (D., N...
XLD Finance Unveils OmniX, A Crypto Payment Solution Platform – crypto.news
The rise in demand for digital payment services is due to the rapid adoption of cryptocurrency, and payment solutions are limited. Accordingly, XLD Finance has introduced a multi-dimensional payment s...
Klex Finance Deploys Testnet in Readiness for Klaytn Launch
The countdown to Klex’s mainnet launch is on. On August 2, the Krew-incubated project invited the public to put its testnet through its paces, including smart contract interaction, ahead of an alpha r...
Portuguese Banks Close Accounts of Crypto Exchanges, Media Reveals – Finance Bitcoin News
Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to media reports. The move threatens to tarnish the country’s image a...
Mine BNB Easily with Gold Rush Finance
Advertisement     The thrilling BNB mining game Gold Rush Finance is coming into the GameFi space in the Binance Ecosystem. Built on the Binance Smart Chain, the NFT G...
Exploit Allegedly Tied To A Slope Finance Bug; Slope Reacts
Pandemonium spread within the crypto community from the early hours of August 3 till the close of the day, due to the multimillion dollar hack that drained over $6 million from most Solana users’ wall...
CBDC Could Be ‘Holy Grail’ of Cross-Border Payments, ECB Says, Sees Bitcoin as Less Credible – Finance Bitcoin News
Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the “holy grail,” according to the European Central Bank (ECB). In a new...