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The biggest hack in DeFi history

The biggest hack in DeFi history

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This week, hackers stole about $600 million worth of cryptocurrency from a Decentralized Finances (DeFi) network that specialized in enabling users to move digital assets linked to one blockchain to another. PolyNetwork, a multi-chain interoperability technology, is at the heart of one of the largest hacking attacks in history. PolyNetwork connects several of the world’s leading digital ledgers and blockchains, but it revealed on...

Cryptocurrencies, DeFi, Featured, Main, News

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GBTC unlock, where is the price of BTC going

GBTC unlock. Where is the price of Bitcoin going?

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A portion of Grayscale Bitcoin Trust’s shares worth almost 40,000 bitcoins will become available in July as part of the world’s biggest bitcoin fund’s much-anticipated lockup expiry.  A pivotal month for GBTC’s market effect is about to begin, with BTC price action continuing to “do everything right” to maintain support. The Grayscale Bitcoin Fund (GBTC) is scheduled to release more than 40,000 BTC...

Bitcoin, Featured, Main, News

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The next mayor of New York could have laser eyes

The next mayor of New York could have laser eyes

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New York City Democratic mayoral front runner Eric Adams said he would turn the city into a bitcoin hub within a year, rivaling Miami for the position as the epicenter of the US crypto community.  The price of bitcoin has steadied on Friday, following a tumultuous week that took it to new lows for 2021.  Crypto analysts remain divided over the short and medium-term direction of the market, though major investors like...

Bitcoin, Cryptocurrencies, Featured, Main, News

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Is Ripple Going To IPO?

Is Ripple Going To IPO?

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A leading cryptocurrency company, Ripple has not given up plans to launch an IPO despite the recent legal battle with the regulators in the US. The former chairman of SBI Group (Strategic Business Innovator Group, the group of financial services companies behind Ripple based in Tokyo, Japan) said that no regulatory framework yet exists for this market and there is no “focused regime” in place like traditional financial markets or securities...

Cryptocurrencies, Featured, News

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Charles Hoskinson

Charles Hoskinson: ‘there will be more than 100 companies switching from Ethereum to Cardano’

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According to data tracker CoinMarketCap.com, Cardano’s market valuation rose to around $34 billion this year from around $5.6 billion last year. Charles Hoskinson, a 33-year-old who appears to be a PhD student before crypto mania took over his life, is the creator of Cardano. Cardano’s meteoric rise over the last three months has piqued the interest of some of the most savvy cryptocurrency investors. “We will see a...

Featured, News, People in crypto

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