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“# Miami mayor calls Bitcoin ‘stable investment’ during unstable year ” Miami mayor Francis Suarez is the latest high-profile figure to tout Bitcoin (BTC), offering more evidence that mainstream adoption is growing. In a Thursday tweet, Suarez called Bitcoin a “stable investment” during an “incredibly unstable year,” adding that he’s learning about the flagship digital…
“# DeFi data manipulation is too easy — and current oracle solutions aren’t helping much ” It seems like every week we hear news of another DeFi project being hacked or exploited. The latest crop of victims includes such projects as Harvest Finance, Akropolis, Value DeFi, Origin and of course Compound. When exploits do occur,…
“# Ledger data leak: A ‘simple mistake’ exposed 270K crypto wallet buyers ” The hacker likely responsible for Ledger’s security breach in July recently dumped a large amount of data exposing the personal information of over 270,000 customers, including phone numbers and physical addresses. The leak also included 1 million emails of Ledger wallet owners…
“# 5 crypto unicorns that charged onto the blockchain scene in 2020 ” A number of decentralized finance protocols experienced volatility around the $1 billion mark in 2020, briefly making some of them unicorns in the crypto space. Though the 2020 numbers are comparable to the number of projects that emerged as unicorns during the…
“# BitGo assets hit $16 billion as institutional adoption grows ” BitGo, whose investors include Galaxy Digital Ventures, Goldman Sachs and Valor Equity Partners, reported Wednesday that digital assets under custody have surpassed $16 billion for the first time, offering further validation that institutional demand has arrived. In an official press release, BitGo said institutional…
“# Binance Korea to shut down exchange due to low trading volume ” Binance KR has decided to shutter its operations in South Korea according to an announcement released on Thursday. As part of the press statement, Binance KR attributed the move to declining liquidity and low trading volume of its BKRW trading pairs. BKRW is…
“# Was 2020 a ‘DeFi year,’ and what is expected from the sector in 2021? Experts answer ” Figuring out the point at which decentralized finance began almost always ends up in a rhetorical debate. Some argue that Bitcoin’s (BTC) invention a decade ago marked the start of it, as the major cryptocurrency was the…
“# 2020’s DeFi craze: The best, worst and fishiest projects in crypto ” As 2020 comes to a close, it’s a good time to reflect on the biggest crypto developments and the wild ride the sector took investors on. At the beginning of the year, Bitcoin (BTC) was hovering just above $7,000, and the top-ranked…
“# Space Yacht brings NFT art to electronic dance music scene ” International party brand Space Yacht is preparing to drop its second collection of nonfungible token artworks on the Nifty Gateway marketplace on Wednesday. Titled the “Space Yacht Iconography Collection,” the NFTs feature three of the brand’s core themes: pizza, smiley faces and its trademarked motto,…
“# Korean crypto investment company launches $100 million fund for blockchain projects ” Hashed, one of South Korea’s largest crypto asset fund managers, has raised 120 billion won ($110 million) to fund new blockchain ventures in the so-called “protocol economy.” The funds were raised via Hashed Ventures Inc., a new entity that will oversee the…