Cryptocurrency Analysis and News Portal
Even if the Optimism team had noticed and temporarily paused bridge transactions via the sequencer during a theoretical attack, an attacker could have still wreaked havoc on layer 2 decentralized finance (DeFi). Using the falsely minted OETH, any attacker would be able to drain decentralized exchanges and exploit lending platforms
Read More
NFTs are the new hype that each and everyone wishes to be a part of. The tailor-made solution has emerged to make all the dreams of aspiring entrepreneurs come true. Through this, you can start an effective white label NFT marketplace. Let us now thrive on exploring more about the
Read More
Joe Biden’s White House is expected to issue an executive order in the coming weeks about actions the U.S. government will take regarding digital assets.A source “familiar with the White House’s plan” told Barron’s that the executive order would be issued in a national security memorandum. Biden’s memorandum would assign
Read More
"It is important, however, to consider the implications of a potential future state in which many foreign countries and currency unions may have introduced CBDCs. Some have suggested that, if these new CBDCs were more attractive than existing forms of the U.S. dollar, global use of the dollar could decrease
Read More
U.S. inflation is red hot and a number of analysts and economists are predicting America will face further economic issues as politicians and the Biden administration blame corporations. This perspective on rising inflation has led finance authors like Isabella Weber to believe that price controls could ease America’s economic burdens. Biden
Read More
Rounding up the last decade, Ethereum co-founder Vitalik Buterin revisited his predictions made over the years, showcasing a knack for being right about abstract ideas than on-production software development issues. Buterin started the Twitter thread by addressing his article dated Jul. 23, 2013 in which he highlighted Bitcoin's (BTC) key benefits
Read More
Adam White, the president and founding executive of digital assets company Bakkt, is leaving the firm after three years.In a Thursday post on Twitter, White said next week would mark his departure from Bakkt, where he has served as both chief operating officer and president. White joined Bakkt after leaving
Read More
Adam White, the president of cryptocurrency firm Bakkt, is leaving the company he helped build from scratch as a founding executive.White spent the last three years at Bakkt, a company that launched in 2018 with the ambitious aim of making institutional crypto adoption a reality before pivoting to a suite
Read More
Over the last few months, there have been several token launches on Terra. What has been noted, is that there have been two major challenges that continue to occur. First, the initial liquidity pools are just not deep enough. This causes an outrageous manufactured initial price pump, making all the
Read More
Let’s break it down. Simply put, a flash loan is, as the name implies, a loan that is opened and closed in a very short amount of time. More specifically, it is opened and closed in the same transaction. Flash loans are used to execute atomic trades that either capitalize
Read More