Yearn Finance is the latest DeFi protocol to suffer an exploit funded by flash loans. YFI token dipped 12% after the attack.
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EY collaborates with major Chinese blockchain projects to expand its blockchain deployment
Ernst & Young, one of the world’s largest professional services networks, is expanding its blockchain services in China in partnership with major local blockchain projects. According to a Feb. 5 …
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Crypto market cap hits record high of $1.17 trillion
The total market capitalization for all digital assets has hit a record high on Thursday, Feb. 4, as Ethereum leads gains on markets. It has been a bullish week in …
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Yearn Finance Dai Vault Exploited For $11 Million
Another decentralized finance exploit has resulted in an attacker making off with millions. This time around Yearn Finance is the victim. A developer from Yearn Finance has reported that its …
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Gene Simmons owns over $1 million worth of Bitcoin
In a recent tweet, Gene Simmons, co-founder and co-lead singer of legendary rock band KISS, has revealed that he has a “seven-figure” Bitcoin fortune, describing himself as a “hodler”: “Yes. I’m …
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Goldman Sachs Executive believes Bitcoin can’t be used as a medium of exchange
Bitcoin price volatility has been the subject of speculations, with many suggesting that this could hinder its adoption mainstream. Goldman Sachs Group Mossavar-Rahmani further reinforces this notion and believes that …
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Bitcoin whales have increased by more than 200 since the start of 2021
The number of accounts holding more than a thousand Bitcoins has increased by a significant amount since the beginning of the year. New statistics from analytics provider Glassnode suggests that …
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Peter Schiff has criticized Elon Musk for pumping cryptocurrencies
In his latest tweet, Euro Pacific Capital CEO Peter Schiff has commented on the recent public message from Elon Musk, in which he calls Dogecoin “the people’s crypto.” Schiff also stated that the …
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Stone Ridge Asset Management CEO said $25 billion is coming to Bitcoin through NYDIG
Ross Stevens, the Founder, and CEO of Stone Ridge Asset Management said he is confident $25 billion is coming to Bitcoin through NYDIG by the end of the year. “I’ve …
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A new $72 million crypto venture capital fund has been announced
Paul Tudor Jones, LL Cool J, and more back the new $72 million crypto VC fund. Details of the fund and its backers were first reported by Yahoo! Finance. The fund’s …
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