DeFi tool FinNexus (FNX) plunges by 90% after hack—some allege an inside job

Decentralized finance (DeFi) project FinNexus (FNX), which touts itself as the “most versatile DeFi options platform,” claimed that it was hacked yesterday, leading to a massive dump of its tokens by the attacker. But...

Crypto investment platform Launchpool wants users to ‘be their own VC,’ Introduces Launchpool Labs...

Investing in the crypto market isn’t for the faint-hearted, and with the gazillions of new apps, dApps, and protocols launching nearly every day, it’s hard to keep track of where and how to invest. Egalitarian...

Tether stablecoins are launching on high-speed Avalanche network

Tether Global, the company that powers USDT, the largest stablecoin by market capitalization, will launch its dollar-backed stablecoins on Avalanche, it said in an announcement yesterday. We’re pleased to announce that Tether tokens (USDt) will...

Research: Bitcoin Consumes Less Than Half The Energy Of The Banking Or Gold Industries

A recent report from Galaxy Digital found that the Bitcoin network consumes less than half the energy consumed by the banking or gold industries.A recently released research report from Galaxy Digital has...

Ethereum poster child MakerDAO’s annual revenue breaks above $200 million

The total projected annual revenue of lending platform MakerDAO, Ethereum’s decentralized finance (DeFi) “poster child,” has exceeded $200 million over the past weekend, according to analytics website MarketBurn. “It’s a testament of efficiency and expansion...

Wall Street veteran says these Tether risks are behind crypto market selloff

Caitlin Long, the founder of crypto bank Avanti Bank and a leading blockchain advocate, took to Twitter yesterday to explain the market sell-off, linking it to stablecoin issuer Tether. Long reasoned that Tether, which revealed...

$2.38 billion ‘rekt’ in crypto markets as Bitcoin drops to $43,000

Over $2.38 billion worth of Bitcoin and other cryptocurrencies were liquidated in the past 24 hours as the market fell by double-digit percentages, data from multiple sources showed. Money gone ‘Liquidations,’ for the uninitiated, occur when...

Elon Musk’s latest Dogecoin ‘trolling’ isn’t impressing the crypto community

Tesla and SpaceX CEO Elon Musk argued on Twitter today that Dogecoin (DOGE) can beat Bitcoin (BTC) “hands down,” with just one small condition—almost every DOGE’s fundamental aspect needs to change, effectively turning it...

Shortsighted Sellers Made This A Great Week To Buy Bitcoin

A bitcoin price crash this week provided investors with an attractive moment to enter positions in the bitcoin market.While most people reading this article are likely aware of the <a href="https://tradecryptotalk.com/markets/bitcoin-price-dips-on-elon-musk-tweet">tweets that...

Bitfinex hacker will need 114 years to launder $7 billion worth of stolen Bitcoin

Only 4% of nearly 120,000 Bitcoin (around $7 billion today) stolen by a hacker from crypto exchange Bitfinex in 2016 have been laundered so far—and it will take the thieves over a century to...
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