Day: 23 February 2024

Blueberry has temporarily halted its lending activities after being hit by a cyberattack. The attack resulted in the loss of around $1.3 million worth of Ethereum (ETH), equivalent to 457.684573171942049193 ETH. The affected lending markets were Bitcoin (BTC), Olympus (OHM), and USD Coin (USDC). The Blueberry Protocol Foundation confirmed the ...

The Avalanche blockchain network recently experienced a downtime that disrupted the network's primary blockchain, C-Chain, causing a major disruption for users and projects built on the network. The project's developers have since sprung into action to investigate the cause and find a solution.  The network's inability to process transactions effectively ...

Defunct crypto exchange FTX has agreed to sell its European Union assets as proceeds from its settlement of a dismissed lawsuit against its EU wing. As per the proposed settlement agreement, the two key targets of the lawsuit were FTX Europe Co-founders Patrick Gruhn and Robin Matzke. In July 2023, ...

The Federal Reserve, commonly known as the Fed, plays a pivotal role in shaping the U.S. economy through its monetary policies. These policies, including interest rates, quantitative easing, and inflation targeting, have far-reaching effects on various financial markets, including the crypto market. The Fed's decisions directly impact stock, bond, and ...

  DeFi has thrived on certain blockchains, such as Ethereum and Solana, but not on Bitcoin, primarily due to Bitcoin's limited support for complex smart contracts. The Taproot Upgrade in November 2021 was a concerted effort to demonstrate that Bitcoin is more than what many, especially those new to the ...

Pro-XRP lawyer Bill Morgan has joined the throng of prominent individuals to comment on the ongoing Kraken vs. SEC lawsuit, applauding the crypto exchange’s citation of Ripple vs. SEC in its recent filing.  Morgan’s post emerged during the early hours of Friday February 23, where he referenced Kraken’s filing to ...