Bitcoin To $220K In 45 Days? Genius Makes Bold Claim, Promises To Build Churc...
According to viral posts circulating on social media, a dramatic Bitcoin forecast is drawing attention this week. Bitcoin is trading around $93,700, down about 26% from its October peak of $126,200. Related Reading: Computer Scientist Drops Bombshell: Bitcoin Could Fall To Nation-State Attacks Reports have disclosed a November drop that brought a 15% correction earlier […]
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On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan exploit and following the attack, the team detailed the Quickswap Lend platform will be terminated. Quickswap Hacked for $220K, Dex Project Sunsets Lending Platform 2022 has been quite the year for decentralized finance (defi) hacks as billions have been stolen due to mistakes, flash loans, faulty smart contracts, and unchecked lines of code. On October 24, Quickswap explained that the Market XYZ lending market was compromised for $220,000. “Quickswap Lend is closing,” the team’s Twitter account....
Cardano-based accelerator program Genius X continues to attract ADA delegators after the launch of its ISPO. Cardano-based accelerator program Genius X has seen more than $105 million worth of ADA delegated to its initial stake pool offering (ISPO).This comes after the firm’s decentralized automated market maker and liquidity management protocol Genius Yield completed its ISPO on May 10, with over 14,500 delegators staking 270 million ADA across four official stake pools, making it one of the biggest ISPOs within the Cardano ecosystem.Genius Yield is a Cardano-based DeFi protocol that....
The United States Treasury Department has opened a request for public comment on the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The GENIUS Act, signed into US law in July, was designed to provide a regulatory framework for stablecoin issuers. This latest call for public input comes exactly a […]
The Senate revived the GENIUS bill on Monday, after a procedural vote put the bill on track to receive the green light. Altcoins like Best Wallet Token could catch steam as a result. GENIUS was initially rejected by the democrats two weeks ago due to concerns relating to Donald Trump’s ‘crypto dealings.’ Dem Senator, Elisabeth […]
A bitcoin deposit service called Bitsavings is offering returns of 5% a month to anyone bold enough to put their savings there. Users should be advised though, that several such schemes have made promises in the bitcoin world before, and if it sounds too good to be true, it often is. Despite the name, Bitsavings is not attempting to be a bitcoin bank and seems to be offering users worldwide a chance to buy into its trading scheme, which it says is "working fine thus far". The company, whose site went live 60 days ago, is based out of Panama according to a spokesman. Terms and conditions....