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Bitcoin (BTC) targeted two-month lows on Aug. 17 as United States inflation returned to spook cryptocurrencymarkets.BTC/USD 1-hour chart. Source: TradingViewBTC price teases exit from months-long corridorData from Cointelegraph Markets Pro and TradingView confirmed the lowest BTC price levels since June 21 as BTC/USD wicked to $28,300.The downside came after the
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Crypto-assets and their related activities present key risks to the United States banking system and warrant closer supervision, warns a leading U.S. financial regulator. For the first time, cryptocurrency was given a dedicated section in the Federal Deposit Insurance Corporation’s (FDIC) annual risk review, calling digital asset risks “novel and
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Bitcoin price is moving lower from the $30,200 zone. BTC is signaling a fresh decline and there is a risk of a
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The rise of artificial intelligence (AI) has been subject to growing concerns over identity verification tools at cryptocurrency exchanges.With rapidly evolving AI technology, the process of creating deepfake proofs of identity is becoming easier than ever. The concerns about AI-enabled risks in crypto have triggered some prominent industry executives to
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Decentralized finance (DeFi) app Steadefi was exploited for at least $334,000 on Aug. 7 in an ongoing attack. The app's development team has said in a social media post that the attack currently "puts all funds at risk." The app's total value locked (TVL) has plummeted as a result of the
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Bitcoin price is struggling to climb above $29,500. BTC remains at risk of more downsides if there is a close below the
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The $47 million Curve Finance exploit on July 30 had a domino effect on the DeFi ecosystem, mainly due to the $100 million
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Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has recently suggested that Bitcoin’s (BTC) underperformance compared to the stock market may be
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Curve has faced multiple setbacks, such as the Conic, JPEG’d, and Curve hacks, which have impacted its total value locked (TVL) and caused ripple effects on the price and liquidity of CRV tokens. As a result,
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DeFi lending protocol, Abracadabra Money, is currently debating a proposal to boost the interest rate in its CRV lending markets as it
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