The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings. Solana (SOL) based decentralized finance (DeFi) exchange Mango Markets has been hit with a reported exploit of over $100 million through an attacker manipulating price oracle...Continue Reading

While Google’s feature appears to be a good thing for crypto adoption, a CIO says a move from Apple would make the “crypto industry go from 100 miles an hour to 250 miles in a heartbeat.” Google’s latest crypto feature enables some Ethereum wallet addresses to have their ETH balances tracked straight off of the...Continue Reading

The city notice effectively stopped the facility from conducting “any cryptocurrency mining or related operations” until Blockfusion was in compliance with local zoning ordinances. The City of Niagara Falls has issued a cease and desist notice to New York-headquartered crypto mining firm Bit Digital over a data facility owned and operated by its partner Blockfusion....Continue Reading

The hack was allegedly caused by “a missing onlyMigrator check.” TempleDAO, a yield-farming Decentralized Finance (DeFi) protocol, lost over $2.34M to a hack on Oct 11.  The exploit was announced by twitter account holder @spreekaway, who shared that the Defi platform had been hacked, along with a snapshot of how the stolen funds had been...Continue Reading

“Effective regulatory and supervisory frameworks should be based on the principle of ‘same activity, same risk, same regulation,’” said the FSB proposal. The international monitoring body Financial Stability Board, or FSB, has proposed a comprehensive framework for cryptocurrencies aimed at addressing potential risks while “harnessing potential benefits of the technology.” In an Oct. 11 report, the...Continue Reading

The nonfungible token venture, originally scheduled with a half-year road map, lasted little under four months. According to a new Twitter post published Monday evening, U.S.-based multimedia outlet The Cable News Network, colloquially known as CNN, says it will shut down its nonfungible tokens (NFT) project less than four months after its launch. Dubbed “Vault...Continue Reading

Stocks markets slide toward yearly lows, while Bitcoin price remains range-bound. Here’s why crypto analysts expect a sharp move from BTC soon. If you were to hang around crypto traders this week, you would hear three phrases repeatedly muttered: “volatility,” “bond prices” and the potential of a “sharp move” in Bitcoin (BTC) price. Multiple analysts...Continue Reading