Due to a recent hack, Bondly Finance urges users to pause trading
Earlier today, the DeFi platform Bondly Finance was reported to have faced a system hack from an unknown source and its native token’s (Bondly) price dropped more than 60%. Bondly Finance, a decentralized e-commerce platform, is the latest decentralized finance (DeFi) business to be hacked. Following a possible exploit on July 15, the developer team […]
Bybit sets to begin spot trading
World’s largest derivatives-only crypto exchange Bybit, after sitting comfortably at the top of the derivatives lane has announced that it is set to enters the spot trading market. According to Ben Zhou, CEO of Bybit , the move also includes intentions to start offering options trading later this year. The Singapore-based cryptocurrency exchange will introduce […]
‘The Crypto Space is not user-friendly’ – Jackson Palmer
Co-founder of Dogecoin Jackson Palmer has addressed the cryptocurrency sector as a ‘right-wing hyper-capitalist’ tech system. He also stated that the industry is controlled by a “powerful cartel of wealthy individuals”. In a vitriol-filled Twitter thread on Wednesday, Jackson Palmer, the co-founder of the memecoin DOGE, blasted the whole crypto sector and its investors. Palmer, […]