Attackers Hijack Curve Finance DNS, Steal $570K
Decentralized crypto exchange Curve Finance discovered its DNS was being hijacked in another significant security breach in the cryptocurrency world. On the main page, the hackers were able to insert a fraudulent contract that, if accepted by the victim, would entirely empty the user’s wallets. The attackers took more than 570K from user wallets on […]
Rune Christensen Suggests Selling off $3.5 Billion in USDC Reserves
Vitalik Buterin, who is bullish on Ethereum, branded the suggestion made by Rune Christensen a “bad idea.” Recently, Rune Christensen, a co-founder of MakerDAO, suggested eliminating all USDC from the DAI stablecoin’s peg-stability module. He advised that the $3.5 billion of USDC contained inside be utilized to purchase ETH instead. Even though such a transfer […]
Analyst Predicts Bitcoin Price Could Hit $100,000 By 2023
When compared to the current Bitcoin Price, other cryptocurrencies are doing quite well. An analyst who goes by the InvestAnswers host tells his 443,000 YouTube subscribers that 94% of the altcoins have surpassed the dominant currency according to the Bitcoin price Dominance chart. However, the expert is still optimistic that the value of bitcoin will […]
Cryptocurrency Market Cap Reaches Its Peak
After the total market value plummeted below $1 trillion, a long cry from the previously recorded $3 trillion, the cryptocurrency markets are presently performing in ways that have not been witnessed in the preceding two months. The current value of the global cryptocurrency market is $1.16 trillion. Several currencies’ trends, particularly those during the last […]
Unfortunately For Coinbase, US Supreme Court Rejects Its Appeal
The SEC is investigating Coinbase, the biggest cryptocurrency exchange in the US, for allegedly listing securities on its website. For Coinbase, the Supreme Court’s denial of its exchange’s plea has caused yet another major problem. Coinbase requests that a court date be set According to Bloomberg, the US Supreme Court rejected Coinbase’s request to submit […]