On April 5, 2021, Polkatrain, a decentralized fundraising platform operating in the Polkadot ecosystem, suffered a rebate arbitrage attack resulting in the loss of $3 million. The attack was detected by blockchain …
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Sacramento Kings To Offer Bitcoin (BTC) As Salary To Players
Vivek Ranadivé, the Chairman, CEO, and Governor of the Sacramento Kings, announced this evening on Clubhouse that everyone in his organization could receive their pay in as much Bitcoin as …
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“Rich Dad” R. Kiyosaki says Bitcoin will surpass $1 million in 5 years, but he still prefers gold
American businessman and author of the personal finance book “Rich Dad Poor Dad,” Robert Kiyosaki, has projected that bitcoin’s value will hit about $1.2 million in the next five years. Speaking to …
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Microstrategy to acquire an additional $15 million in Bitcoin (BTC)
Microstrategy announced today that it purchased $15 million worth of Bitcoin. The company’s CEO, Michael Saylor, tweeted this morning that his company had bought approximately 253 BTC, bringing its total holdings to …
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Tether to Launch New Version of USDT on Polkadot and Kusama
On Tuesday (April 6), Tether Operations Limited (“Tether”), the company that issues the largest stablecoin by market capitalization, announced that it is planning to launch Tether tokens (“USDt”) on the …
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Litecoin (LTC) ETP launched in Switzerland
Litecoin, the world’s ninth-largest cryptocurrency by market cap, will soon see an institutional listing in the form of an exchange-traded product (ETP) in Switzerland, as per a press release by crypto investment …
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Fidelity, Coinbase, Square create a crypto council to lobby policy makers
A group of major companies, including Fidelity, Coinbase, and Square, have formed a crypto council to lobby policy makers. The Crypto Council for Innovation has a stated mission of demonstrating the …
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Stellar hit by transaction issues; developers say “the network is still online” despite the node shutdown
The Stellar Development Foundation said in a follow-up announcement that “[a]round 1:00 am PDT, the Stellar Development Foundation’s validator nodes temporarily stopped validating transactions on the Stellar network. The SDF’s …
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Balancer To Enable Programmable Liquidity For The Algorand Ecosystem
Blockchain platform Algorand today announced that Balancer, one of the largest automated market makers (AMM), will soon be available on Algorand to expand liquidity to its growing community. This initiative …
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Bitcoin (BTC) To Hit $71,000 in South Korea as “Kimchi Premium” Goes Through the Roof
Bitcoin, the largest cryptocurrency, reached a new all-time high of 79,422,000 won ($71,000) at 5:55 a.m. UTC on the Upbit exchange in South Korea. The so-called “kimchi premium,” an indicator …
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