The largest hack in the history of DeFi has hit cross-chain protocol Poly Network, a development that has seen the firm lose $612 million in multiple cryptocurrencies. “We are sorry to announce that #PolyNetwork was attacked on @BinanceChain @ethereum...
The Poly Network hacker has now returned $258 million to the cross-chain DeFi protocol, also noting that the attack could have been way bigger. Announcing the massive hack, Poly Network tweeted, “We are sorry to announce that Poly Network...
Following a stuck trading range since May 2021, Bitcoin's price rallied above $43,000 Friday, August 6. As of the time of filing, Bitcoin’s (BTC) price rallied to $43,231, the highest it has risen to since May 19. Available data...
The Ethereum Improvement Proposal 1559 was ushered Thursday with the full activation of the London Hard Fork. The news of the software upgrade triggered a positive move in the price of Ether. ETH soared to about $2800, gaining 4.8%...
The cryptocurrency industry seems to be growing in an incredible fashion. This follows a remarkable move by Wells Fargo, a top multinational financial services company to roll out Bitcoin and other crypto-based services to its wealthy clients. Wells Fargo...
Starting from Germany, Italy, and the Netherlands, Binance has announced plans to wrap up its futures and derivatives products. Binance, one of the world’s top cryptocurrency exchanges, made the announcement amid a crackdown by regulators across Europe. The crypto...
After spending most of Friday in the negatives, a late-night spike saw the price of Bitcoin break the $42,000 resistance. This is the highest the price has gone since mid-May, 2021. Crypto Map; Source: Coin360 However, this rapid momentum...
A source within Amazon whose identity has been masked has reportedly told City A.M, a London business newspaper that the e-commerce giant plans to accept Bitcoin (BTC) payments by the end of 2021. There is a possibility this move...
Regulators in Malaysia have also come after popular cryptocurrency exchange Binance, giving them a 14-day ultimatum to exit the country. The authorities banned the operation of Binance in the country, totally. Binance, recently, has faced crackdowns by regulators in...
Binance’s NFT marketplace has announced a partnership with the State Hermitage Museum to issue tokens that represent the works of renowned artists including Leonardo da Vinci and Vincent van Gogh. In its July 27 blog post, Binance disclosed its...
