Late yesterday evening, Curve Finance suffered a re-entry attack. Provisional reports of the hack indicated a loss of some $26 million. Except that it was a long night for the Curve team, and so was the list of break-ins. According to the latest news, the total amount of money stolen is in the region of $52 million.
According to analysts, the ongoing sell-off in the US dollar has always pulled bitcoin down. But bitcoin's correlation with DYX won't last forever, argues Acheson, former head of research at CoinDesk and Genesis.
Asset manager BlackRock recently filed a Bitcoin ETF application with the SEC. The procedure has had such a positive impact that many analysts see the bitcoin (BTC) market exploding. In the meantime, the procedure initiated by BlackRock seems to have a more important, short-term objective.
The nickname “Ghost Chain” was bestowed on Cardano in 2021, when there was very little activity. Three years on, things have changed: Cardano is gradually establishing itself as a flagship blockchain. ADA's recent performance has been a great help.
Is the bull run imminent or still a long way off? There's no denying that recent events have been in bitcoin's and XRP's favor, with many believing that the bull run was finally upon us. But if recent events are anything to go by, the crypto community still needs to be patient.
Cardano is on the brink of a significant turning point: the CIP-1694 is about to be implemented. This initiative could radically transform decision-making by offering unprecedented decentralization. It's a promising chapter that's attracting worldwide attention.
In terms of technical analysis, Bollinger Bands are undoubtedly the most widely used indicators. Recently, famed trader John Bollinger spoke out about current market conditions. Discover the future of bitcoin (BTC) according to Bollinger's analysis.
What is the probability of winning 6.25 bitcoins by mining alone, i.e. without using a pool?
If Elon Musk continues with his unilateral, often controversial decisions, he may have to face more than just Mark Zuckerberg in the ring. CZ, who has been up in arms about his decision to limit the number of tweets users can access, wouldn't be afraid to face him either.
Litecoin's halving event is less than five weeks away. The approaching date is causing a significant rise in the network's hash rate, which has already reached an all-time high. This, in turn, has caused the price of Litecoin (LTC) to rise by more than 15% over the past week. At the time of writing, Litecoin has crossed the crucial $100 mark.