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Home2023June

Month: June 2023

DeFi Protocol Sturdy Finance Exploited for 442 ETH Worth Almost $800K
Defi

DeFi Protocol Sturdy Finance Exploited for 442 ETH Worth Almost $800K

June 12, 2023 0

Sturdy Finance – a DeFi project promising up to 10x leverage on staked assets – has been exploited by a hit-and-run attack on its pricing oracle. Although the amount stolen (worth about $800k at the […]

SEC's Binance, Coinbase Suits Highlight Need for U.S Crypto Regulatory Framework: JPMorgan
Bitcoin

SEC’s Binance, Coinbase Suits Highlight Need for U.S Crypto Regulatory Framework: JPMorgan

June 12, 2023 0

The SEC thinks most cryptocurrencies should be classed as securities, and therefore, most crypto companies and trading should fall under its supervision and comply with regulatory frameworks that are currently applied to other securities, the […]

Market Analysis

Crypto Enforcement a Hot Button Issue for US President Hopefuls

June 12, 2023 0

Some industry analysts predict that an intensifying crypto crackdown could cost Democrats the upcoming 2024 elections in the U.S. The Gemini founders believe the current administration’s actions could dissuade young people from voting for the […]

A16z Chooses London as Destination for First Office Outside U.S.
Bitcoin

A16z Chooses London as Destination for First Office Outside U.S.

June 12, 2023 0

The venture capital firm plans to use the office, which will open later this year, to fund growth in the crypto and startup ecosystems in the U.K. and Europe. Source link

Solana (SOL) Price Reaches Crucial Support Level After 42% Drop – Where to Next?
Market Analysis

Solana (SOL) Price Reaches Crucial Support Level After 42% Drop

June 12, 2023 0

The Solana price fell by 42% last week, reaching the important and final Golden Ratio support level at $15. If this level breaks, the price could fall even further. Currently, Solana’s price stands at the […]

Market Analysis

Top Crypto Exchange Volumes Start to Slide Amid SEC Onslaught

June 12, 2023 0

The world’s leading crypto exchanges are seeing trading volumes slumping across the board. Moreover, the fallout from America’s war on crypto exchanges appears to be affecting them all. All top crypto exchanges have experienced severe […]

Market Analysis

a16z Crypto Venture Firm Ditches US for ‘Greener’ UK Landscape

June 12, 2023 0

Crypto venture capital firm Andreessen Horowitz is the latest large industry player looking to remove itself from the increasing hostility in the United States. On June 11, the crypto venture giant, also known as a16z, […]

Open Interest in Binance's BNB Token Futures Jumps to 5-Month High
Ethereum

Open Interest in Binance's BNB Token Futures Jumps to 5-Month High

June 12, 2023 0

The surge in open interest comes alongside a decline in price and signals an influx of bearish short positions in the market. Source link

Solana, Polygon and Cardano Token Prices Stabilized after a steep weekend dump
Bitcoin

Solana, Polygon and Cardano Token Prices Stabilized after a steep weekend dump

June 12, 2023 0

These tokens were issued by foundations and companies or tied to protocols Polygon (MATIC), Sandbox (SAND), Filecoin (FIL), Axie Infinity (AXS), Chiliz (CHZ), Flow (FLOW), Internet Computer (ICP), Near (NEAR), Voyager (VGX), Dash (DASH) and […]

DeFi Platform Sturdy Finance Exploited for 442 ETH, Attacker Funnels Funds Through to Cash
Market Analysis

DeFi Exploit Hits Sturdy Finance, 440 ETH Moved to Tornado Cash

June 12, 2023 0

Reports are emerging on the latest decentralized finance (DeFi) exploit that has impacted the Sturdy Finance platform. On June 12, blockchain security firm PeckShield posted an alert on the latest DeFi exploit. The Sturdy Finance […]

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