Cryptocurrency Analysis and News Portal
A new decentralized finance (DeFi) investment and index fund platform is celebrating its mainnet launch in macabre fashion.Enso Finance, a platform for building, sharing and trading index fund–style cryptocurrency portfolios, announced in a blog post plans for a vampire attack on six leading DeFi index platforms.Vampire attacks in DeFi occur
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Bitcoin (BTC) met the start of U.S. trading with a bang on Dec. 1 as the Wall St. open sparked a run above $58,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: $56,000 may have been resistance flipData from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 2% in an hour Wednesday, canceling
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U.S. Senator Ted Cruz has introduced a bill to repeal the $1 trillion infrastructure package’s crypto provision, which he said is a “devastating attack” on the crypto industry. “I urge my colleagues in the Senate to repeal this harmful language that will create regulatory uncertainty and in turn an unnecessary
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Phenomenal piece by Reason Magazine. We at NewsBTC have been countering the Bitcoin-is-bad-for-the-environment narrative for a while now. Now, we have a new tool. A short and sweet documentary that rests on a devastating premise. “Such environmentalist attacks on bitcoin are best understood as a strategy by economic, media, and
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The latest salvo in the multibillion-dollar “Curve Wars” might be the most daring yet, and the protocol’s response has revealed deep ideological fissures in the decentralized finance (DeFi) community.Curve.Finance is currently the largest DeFi protocol with $20.8 billion in total value locked (TVL) per CoinGecko. The protocol holds a vital
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Following the Altair upgrade on the Ethereum network, the protocol’s native cryptocurrency reached a new all-time price high. Altair is the next step for the Ethereum’s network’s proof-of-stake (PoS) transition. However, a recently submitted white paper explains that a group of computer scientists from Stanford University and the Ethereum Foundation
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Decentralized finance (DeFi) money market and lending service CREAM Finance appears to have been the target of a devastating exploit Wednesday that drained over $1 billion in funds, likely the largest exploit to date.According to CREAM’s native frontend, most Ethereum-based pools are now empty.The funds appear to have been taken
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The growth of layer-two protocols has been one of the major stories of 2021 as the rising popularity of decentralized finance (DeFi) and nonfungible tokens (NFT) have driven transaction costs higher on the Ethereum (ETH) network effectively pricing out many participants. Earlier this year the Polygon network, formerly known as MATIC,
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Think of it as asking for a movie recommendation. If you were to ask someone if a particular movie was good and they reply yes, it could still be terrible. But if you were to ask 1,000 different people about the movie and they all said yes, then there’s a
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David Siegel is a blockchain strategist and speaker, founder of Kryptodesign.com and curator of DecentralStation.com, a place to learn about blockchain.In this piece, Siegal attempts to help journalists understand the DAO attack and what happened when The DAO collapsed and why he believes it's important for the press to get
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