Skip to main content

Author: CryptoPress

Acala repegs

Acala repegs

Written on .

Misconfiguration of the network’s iBTC/aUSD liquidity pool enabled hackers to produce 1.28 billion stablecoins, reducing its value. Hackers exploited a newly installed liquidity pool weakness to make 1.28 billion tokens.  The site burned the hacker-created stablecoin supply on Tuesday, putting its price back near to $1. The network suspended operations following an emergency vote on governance due to the aUSD drop. As recompense,...

$aUSD, Altcoins, Blockchain, Cryptocurrencies, Front page, News, Polkadot

Continue reading

wow summit bangkok 2022

WOW MetaVentures Bangkok on December 14-15, 2022

Written on .

A unique event “WOW MetaVentures Bangkok” will be held on December 14-15 in Bangkok. The organizers are venture capital fund “MetaVentures” and WOW Summit. The “WOW MetaVentures” brand is reorganized into a venture capital fund focused on digital projects related to Metaverse, NFT, Digital Art, and other promising areas of the cryptocurrency industry.  “WOW MetaVentures Bangkok” will be a vivid event...

Crypto Mining, Crypto regulation, Cryptocurrencies, DAOs, DeFi, Metaverse, NFTs

Continue reading

sports - crypto

How Sports Industry Implements Crypto

Written on .

The sports industry has begun to implement crypto in a number of ways. Some teams are now taking cryptocurrency payments for tickets and merchandise, while others are looking into blockchain technology to improve transparency and security in the way data is collected and shared. This article will explore some of the ways that the sports industry is using or exploring cryptocurrency and blockchain technology, and consider the potential benefits...

Crypto gambling, Crypto Games, Crypto world, Cryptocurrencies

Continue reading

Crypto Market – Aug 22, 2022

Written on .

The worldwide cryptocurrency market capitalization is now $1.05 Trillion, representing a change of -1.59% over the last 24 hours and a change of -51.4% over the past year. The current market capitalization of Bitcoin (BTC) is $407 billion, representing a 38.69% market share. The market capitalization of Stablecoins is now $153 billion, or 14.56 percent of the overall crypto market capitalization. Bitcoin$63,145.000.70%#ccpw-label-widget-11234.ccpw-price-label...

$BNB, $DOGE, $SHIB, $SOL, Bitcoin, Cryptocurrencies

Continue reading

husd

Huobi linked Stablecoin de-pegs to $0.85

Written on .

At Thursday’s market end, the price of HUSD was $0.92, down 8%. The current price on decentralized exchanges vs USDC, USDT, and DAI was $0.85. Currently, the warning from Curve Finance reads, “The exchange rate is absurdly low!” Stable Universal is actually the issuer of HUSD. The firm was sponsored by Huobi Capital, but in April of this year, Huobi divested its stakes. However, the exchange claimed in a public tweet that...

Cryptocurrencies, Front page, Huobi, Stablecoins

Continue reading

Subscribe to Our Newsletter

Click here       

News

Articles

More

Resources

© Cryptopress. All rights reserved.
Contact

[email protected]

Privacy policy.