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Archives by Year:
$7 Million Lost in Flash Loan Attack on BSC’s BurgerSwap
Key Takeaways BurgerSwap was hit by a flash loan attack last night. The losses amount to roughly $7.2 million. Uniswap founder Hayden Adams noted that a key part of the code was changed by the BurgerSwap team, raising suspicions of an inside job. Incidents on Binance Smart Chain have multiplied in recent weeks resulting in […]
WisdomTree Files Ethereum ETF Application with the SEC
New York-based financial service firm WisdomTree has filed an application with the American securities regulator for approval of an Ethereum ETF. Second Ethereum ETF Application WisdomTree has submitted a Form S-1 for securities registration with the Securities and Exchange Commission (SEC) to list WisdomTree Ethereum Trust shares on the Cboe BZX Exchange. The shares would […]
SEC Is Reviewing Bitcoin ETFs from Fidelity, Skybridge
Key Takeaways The U.S. Securities and Exchange Commission is currently reviewing two applications for Bitcoin ETFs. Fidelity Investments and Skybridge Capital are responsible for the applications, which were filed this week. ETFs allow institutional investors to invest in an asset tied to Bitcoin’s value without actually holding Bitcoin. The U.S. Securities and Exchange Commission is […]
Ren Launches Polygon Bridge with Support for Bitcoin
This news was brought to you by ANKR, our preferred DeFi Partner. Ren has integrated Polygon. Ren Unveils Polygon Bridge Ren has launched a bridge to Polygon. The project announced the expansion Thursday, noting that Polygon is home to “a burgeoning DeFi ecosystem with obvious benefits for users.” Polygon, which acts as an Ethereum commit-chain, […]
SEC Investigating Ripple’s XRP “Lobbying Efforts”
Key Takeaways The SEC is claiming that Ripple made lobbying efforts surrounding the public perception of XRP. Such lobbying efforts have been used to form a legal narrative of XRP that fits Ripple’s own interests, the SEC claims. According to the SEC, evidence of XRP perception lobbying will be be used to counter Ripple’s fair […]
Sichuan Energy Authorities to Discuss Bitcoin Mining Ban
Key Takeaways Sichuan’s energy sector regulator has called a meeting to analyze the impact of banning Bitcoin mining. The decision is difficult as miners help electricity providers earn revenue from the energy produced during peak season. Inner Mongolia is already moving to ban Bitcoin mining. Mine Crypto The authoritative body for Sichuan’s energy sector is […]
Carl Icahn Bullish Ethereum, May Invest $1.5B in Crypto
Key Takeaways Carl Icahn told Bloomberg TV that he may invest up to $1.5 billion in the cryptocurrency space. Icahn spoke about inflation of the U.S. dollar and recognized Bitcoin and Ethereum as alternative stores of value. He added that he thinks crypto “is here to stay one form or another.” Carl Icahn is weighing […]
Uniswap to Launch on Layer 2 Solution Arbitrum
Key Takeaways Uniswap V3 is preparing to launch on the Layer 2 solution Arbitrum. More than than 40 million UNI tokens voted in favor of a governance proposal for the update. Uniswap V3 will also go live on Optimism when it launches. This news was brought to you by ANKR, our preferred DeFi Partner. A […]
Shark Tank’s Kevin O’Leary Reveals Move into DeFi
Key Takeaways Kevin O’Leary is now the major shareholder in a DeFi company. The American investor told Anthony Pompliano that he would be increasing his crypto portfolio allocation and begin capturing yield farming opportunities in DeFi. O’Leary added that he sees big potential in the future of the space. This news was brought to you […]
Brave Is Expanding Support for Crypto DNS Providers
Key Takeaways Brave has announced plans to expand its support for crypto domain names, adding TLDs from new providers. Currently, the browser supports ENS and Unstoppable Domains. Brave has not revealed which specific crypto DNS providers it is working with, but it says it is in active discussions. Brave, the popular cryptocurrency rewards browser, has […]
