Wrapped Bitcoin supplied on Aave hits record high despite backing fears 

Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.

The latest attack relied on user permissions granted to the protocol 3383 Total views 15 Total shares The latest “evil contract” exploit has netted an attacker over $14 million in stolen funds. Furucombo, a tool designed to help users “batch” transactions and interactions with multiple protocols at once, fell victim to the attack which centered on…

“Things are much more encouraging, even though this is clearly a time of pain," said Wave Financial’s head of business development Mike Jones. 102 Total views 3 Total shares Two executives at Wave Financial, an asset management firm providing bespoke strategies to high-net-worth individuals and entities, have reported seeing increased institutional demand for crypto products…

Bitcoin may be up 7.5% since Friday, but BTC price action is not giving everyone cause for positivity. 629 Total views 6 Total shares Bitcoin (BTC) sought to recover $27,000 into the May 14 weekly close as volatility picked up out of hours.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price gains over 7% in two…

The price of Bitcoin (BTC) has seen low volatility throughout the past six weeks, hovering in the $9,300 to $9,900 range for most of the time. This has led traders to warn that it is likely to cause a massive price movement in the near-term.Over the last 12 months Bitcoin has seen two extended ranges.…

Badgers now have a new home: the DeFi protocol has purchased the "badger.com" domain for a tidy $300,000 The Badger DAO community is ‘sett’ to migrate to some new ‘diggs’: the decentralized finance project will shortly become the new owner of the “Badger.com” web domain. In a Badger Improvement Proposal listed on governance forums today, BIP-43,…

Altcoin traders could send MATIC, SUI, RENDER and TAO higher if Bitcoin manages to continue trading above $64,000.

Amid regulatory uncertainty for cryptocurrencies in Russia, a federal ministry introduced legislation that would legalize crypto and blockchain within a special regulatory environment.The Ministry of Economic Development of the Russian Federation has reportedly prepared a draft law that would allow the testing of cryptocurrency and blockchain developments within a special regulatory sandbox.Sandbox to unlock blockchain…

Telegram’s ongoing saga with the U.S. Securities and Exchange Commission isn’t ending anytime soon. After the regulatory body swooped in with a last minute restraining order, Telegram has been embroiled in an increasingly strenuous legal battle to get the Telegram Online Network (TON) over the line. The blistering pace at which the latest developments have…