Category: Blockchain

Someone has exploited PAID Network, a decentralized finance DeFi app, via a vulnerability that allowed him to mint about $100 million worth of Paid tokens and sold most of them. The unknown person exploited the hack through the contract’s token minting feature and created over 59.4 million PAID tokens worth $166 million at the time

Federal Reserve chairman Jerome Powell has confirmed that the central bank’s monetary strategy regarding inflation will not change. During an interview with Wall Street, Powell suggested that the Federal Reserve was going to keep its goal of maintaining inflation above the target mark of 2%. He disclosed that the Fed’s agenda regarding inflationary targets remained

Dogecoin (DOGE) will continue gaining traction, and it will soon be entering the NBA thanks to seasoned investor and owner of Dallas Mavericks – Mark Cuban. Dallas Mavericks will be accepting Dogecoin payments for tickets and merchandise purchased online. The NBA team and BitPay – one of the world’s biggest cryptocurrency payment services – will

Ripple is testing the feasibility of a private version of its XRP Ledger, which will be specifically used to help central banks issue central bank digital currencies (CBDCs). According to its official announcement on March 3, the benefits of Ripple’s XRP Ledger will be adopted on the CBDC Private Ledger, as it will be powered by the

The shares of the electric automaker, Tesla Inc are nosediving since the Wall Street giant placed its bet on Bitcoin (BTC) earlier in February 2021. For a stock market that responds to impulsive news, investors at first appear bullish on the news, pushing the company’s stock to new highs, in what seems the move was

In his interview with Yahoo Finance, George Ball, the CEO and chairman of Sanders Morris Harris, a private and wealth management firm, considers cryptocurrencies as a good addition to almost any kind of investment portfolio. Ball is a Wall Street veteran who is currently the CEO of Sanders Morris Harris and the former chief executive

In November 2018, Uniswap was officially launched, positioning itself as a decentralized exchange (DEX) based on Ethereum. Uniswap did not adopt the mainstream order book trading system but chose an automated market maker mechanism, which solved the problem of low liquidity and slow transaction speed that most DEX assets encounter. According to data from Coinmarketcap,

After surging past the $50,000 mark recently, Bitcoin (BTC) has experienced a drawback and has fallen by 5.56% in the last 24 hours to trade at $47,030 at the time of writing, according to CoinMarketCap.  Crypto analyst Joseph Young trusts that the leading cryptocurrency is treading with caution based on a strengthening dollar, and this

Bitcoin’s price has been fluctuating between $46,000 and $48,000. Institutions are seeing this drawback as the ideal position needed to accumulate more BTC, as acknowledged by CryptoQuant CEO Ki Young Ju. He explained: “12k BTC flowed out from Coinbase again. Institutions are still accumulating BTC in this range.” He added: “It seems

The US Department of Justice has charged antivirus software entrepreneur John McAfee with money laundering and fraud offences stemming from two crypto schemes. The Justice Department charged McAfee, 75, and his bodyguard, Jimmy Gale Watson Jr,40, in a newly unsealed indictment in Manhattan federal court on Friday, February 5. The prosecutors described Jimmy Gale Watson