Solana CEO Explains Why We’re Not in a Crypto Bubble
“We’re maybe at the phase where email started working on the internet” Yakovenko remarked, comparing the crypto adoption curve to earlier technologies. Cryptocurrency prices, from Bitcoin to BNB, are rising again. The market capitalization of cryptocurrency has grown from $1.2 trillion on July 19 to $2.4 trillion today. Solana, an Ethereum competitor chain that offers […]
Charles Hoskinson Believes Cryptocurrency Can Help Save Afghanistan
Cryptocurrencies, according to Ethereum co-founder Charles Hoskinson, would be used to help the Afghan people in times of need. A CNBC interview with Hoskinson , who is also the founder of Cardano, the third-largest digital asset by market capitalization, was broadcast on Tuesday. He stated that cryptocurrency might be used as a tool to fight […]
DeFi Protocol from Kyber Network is now available on Binance Smart Chain
Kyber Network’s multi-chain technology, which was previously introduced on Ethereum and Polygon, is now available on Binance Smart Chain. Kyber Network , a liquidity platform for decentralized finance (DeFi), has launched its KyberDMM protocol on Binance Smart Chain (BSC). DeFi is a common moniker for a set of blockchain protocols designed to deliver financial products […]
Braintrust launches its token on Ethereum mainnet
Braintrust, a decentralized talent network, backed by Pantera Capital has launched its BTRST token on the Ethereum mainnet in the process of driving mainstream enterprise adoption of its services. According to Braintrust, the initiative became public in June 2020 and has since produced $31 million in gross services revenue, up from $3.5 million at the […]
Cream Finance’s DeFi platform suffers a $19 million loss as a result of a flash loan hack
Using a reentrancy issue in the AMP token, the Cream Finance hacker was able to profit by $18.8 million over the course of 17 transactions. In a huge exploit, Cream Finance , a major decentralized finance (DeFi) protocol focusing on lending, was targeted by a hacker who stole approximately $19 million from the platform’s cryptocurrency. […]