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Harvest Finance Boosts Bounty to $1M for Information Leading to Return of Exploited Funds

Decentralized finance (DeFi) protocol Harvest Finance has upped its bounty from $100,000 to $1 million  for information leading to the return of $24 million in siphoned funds taken in an exploit Monday.According to the Harvest Finance Twitter and Discord account, the anonymous Harvest Finance team is offering the bounty for

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First Mover: Bitcoin Surges to New 2020 High as Harvest Debacle Provides Costly DeFi Lesson

Bitcoin reached a new 2020 high of around $13,420 after rising on nine of the past 11 days. The cryptocurrency’s recent rally despite a stalling of U.S. stocks has rekindled speculation that prices for the two asset classes are starting to diverge after a recent stretch in which they appeared highly

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Harvest Finance: $24M Attack Triggers $570M ‘Bank Run’ in Latest DeFi Exploit

An arbitrage trade exploiting weak points in decentralized finance (DeFi) protocol Harvest Finance led to some $24 million in stablecoins being siphoned away from the project’s pools on Monday, according to CoinGecko.According to reports, an attacker used a flash loan – a technique that allows a trader to take on

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Blockchain Bites: DeFi’s Harvest Hit, IRS’ Crypto Clarification, JPMorgan’s Buoyant Bitcoin Note

The IRS has clarified some questions around crypto disclosures for the upcoming tax season. A popular DeFi application appears to have been attacked. JPMorgan analysts see “considerable” upsides to bitcoin.Top shelfCrypto guidanceThe U.S. Internal Revenue Service has clarified that simply holding cryptocurrencies does not need to be disclosed. A published set

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Market Wrap: Bitcoin Bounces to $11.8K; Over 10K BTC Locked in Harvest Finance

Bitcoin traders hit the buy button Monday while a DeFi project gains $135 million in BTC locked since the start of September.Bitcoin (BTC) trading around $11,689 as of 20:00 UTC (4 p.m. ET). Gaining 2.2% over the previous 24 hours.Bitcoin’s 24-hour range: $11,409-$11,839BTC above its 10-day and 50-day moving averages,

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Harvest One Picks Blockchain-Powered Genome Tracking Software

Courtesy of BLOCKStrainBLOCKStrain Technology Corp. (TSX: V: DNAX) (OTC:  BKKSF), which built the first blockchain-secured, fully-integrated IP tracking platform for the cannabis industry, is providing its genome tracking software to Canadian licensed producer of medical cannabis Harvest One Cannabis (TSX:V: HVT) (OTCQX: HRVOF).The BLOCKStrain’s cannabis strain authenticity and tracking

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