Sky faces scrutiny over potential $756M exploit flaw
Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security and transparency.
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How to earn passive crypto income in a bear market?
The majority of new investors are in the middle of their first crypto winter, during which most digital assets have depreciated by more than 70% from their November 2021 highs. While a bear market is tough for everyone, it can be especially challenging for those who are new to the space and don’t have much…

Crypto Analyst Cautions Investors Against Bitcoin for 3 Key Reasons
Bitcoin is often described as gold 2.0; a superior system of storing and transferring value. It has seen a rapid increase in market capitalization since its introduction in 2009, with strong custodial, exchange, and futures infrastructure.Yet, one cryptocurrency analyst known as cryptocomicon recently laid out a series of compelling reasons why one should not invest…

Crypto users spent $2.7B minting NFTs in first half of 2022: Report
Over 1 million unique wallet addresses were involved in the minting process, signaling that nonfungible token market activity remained strong. 60 Total views 10 Total shares According to new market research published by blockchain data firm Nansen, crypto users spent 963,227 Ether (ETH), worth $2.7 billion, minting nonfungible tokens (NFTs) on the Ethereum blockchain in…

Peruvian stablecoin launches on Stellar blockchain
Anclap expects to launch two more Stellar-based stablecoins for Chile and Colombia later this year. 775 Total views 24 Total shares Latin American stablecoin issuer Anclap is expanding its Stellar-based stablecoin network by launching a new stablecoin in Peru, Cointelegraph en Español reports.Pegged to Peru’s official fiat currency, the Peruvian sol (PEN), the new stablecoin is designed…

Business Models Should Be ‘Re-Imaged’ for Blockchain, Says Barclays Rep
A Intrapreneur from financial services giant Barclays has expressed the idea that blockchains should be built with regulatory compliance in mind, tech news website The Next Web (TNW) reported Dec. 14.Speaking at a Hard Fork Decentralized event, Barclays’ Julian Wilson stated that when building blockchains, developers need to “reconfigure our approach and way of thinking.”…

USDC investor shells out $2M to receive $0.05 USDT trying to evade crash
While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk away with their funds amid the uncertainty. 4272 Total views 12 Total shares Own this piece of history Collect this article as an NFTSoon after Circle revealed that Silicon Valley Bank did not transfer $3.3 billion of…

Austrian Gov’t Pilot Aims to Secure COVID-19 Communications With Blockchain Tech
A-Trust’s QualiSig project has received 60,000 euros of Austrian government funding to provide secure crisis communications between authorities and citizens. 544 Total views 16 Total shares The Austrian government has backed a new blockchain-based research project, aiming to provide secure communication channels between authorities, institutions and citizens in times of crisis.As announced June 18, the…

Wen Dogecoin moon? On-chain data and trading volumes suggest soon
The cryptocurrency market has had a wild ride thus far in 2021 as multiple sub-sectors like decentralized finance (DeFi), NFTs, meme coins and layer-two solutions have seen their TVL and token values skyrocket to new highs. One of the biggest success stories of the year was been Dogecoin (DOGE), a simple 'joke' cryptocurrency that has morphed…