Saturday, April 27, 2024
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Cex price feed prevents Curve price from collapsing amid $100M vulnerability

Several Curve Finance liquidity pools were attacked on July 30 due to a vulnerability found in the programming language Vyper. Vyper is a contract programming language created for the Ethereum Virtual Machine (EVM).  Curve Finance is one of the key decentralized finance (DeFi) protocol due to the key liquidity services it offers,

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Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge

When liquidity is low in any financial market, volatility is high in both directions. Prices have less support on both the downside and the upside. In this instance, the narrative of bitcoin as a hedge against financial calamity gave BTC the push it needed. But there was little upside resistance

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El Salvador’s ‘limited’ use of Bitcoin prevents forecasted risks, says IMF

El Salvador has been advised by the global monetary watchdog to exercise caution in expanding government exposure to Bitcoin (BTC) due to the “speculative nature” of crypto markets.A Feb. 10 statement from the International Monetary Fund (IMF) emphasized that Bitcoin’s risks in El Salvador have “not materialized” yet due to

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