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Search Results for: SEC

DeFi Building Block Service Furucombo Exploited for $14M

-DeFi building block service Furucombo exploited for $14M.-The attacker tricked the protocol into thinking that their contract was Aave V2.-Instead of draining funds, the attacker instead transfers the funds. Furucombo is a drag and drop tool that is used to create DeFi transactions that have been exploited. In addition, the

February 28, 2021 2 mins read

Nigeria Needs to Regulate Crypto, Not Ban : Vice President

-Nigeria needs to regulate crypto, not ban says VP.-Osinbajo said crypto in the coming years will challenge financial banking. -The utilization of bitcoin has boomed in Nigeria in recent years. Nigeria’s Vice President (VP) Yemi Osinbajo said the country’s central bank and securities regulator has to find ways to regulate

February 27, 2021 3 mins read

FD7 Ventures Sell $750M Worth BTC to Increase ADA and DOT Holdings

-FD7 ventures sell $750M worth BTC to increase ADA and DOT holdings.-Both the firm founders are part of the original seven co-founders of Ethereum. -The transaction will be completed by mid-to-end of March. FD7 Ventures with $1 billion under management, has announced that they are planning to sell $750M worth of

February 25, 2021 2 mins read

TRONHERO – A New Era of Financial & Entertainment Platform into DeFi

Decentralized Finance (DeFi) is taking the world of cryptocurrency space by storm. However, TRONHERO.IO is a special project lined up to make the world of DeFi see things a bit differently. TRONHERO.IO (THERO) is a cryptocurrency that is about to go mainstream. It is a global community-based crypto platform that

February 23, 2021 2 mins read

Ethereum (ETH) Shows Descending Triangle Pattern

-Ethereum (ETH) shows a bearish signal.-This leads to a price decrease to below $1800.-The ETH shows an ascending channel making the price reach over $2400. Ethereum (ETH) shows a bearish signal. However, this leads to a price decrease to below $1800. In addition to the bearish run, the ETH also

February 21, 2021 2 mins read

YFI Prepares for a New Surge to Over $60,000 Before BTC

-Yearn.Finance prepared for a surge to over $60,000 before BTC.-In 2020, YFI traded higher than Bitcoin. -YFI will reach an eye-watering $200,000 per coin. After weeks of aggressive selling, Yearn.Finance (YFI) prepared for a move to $60,000 before Bitcoin.  In early 2020 Andre Cronje launched YFI. Moreover, YFI is an Ethereum-based

February 21, 2021 2 mins read

Pundi X (NPXS) Spikes Over 100% Leading to Testnet Launch & Token Burn

-PundiX (NPXS) price spiked over 100%.-As the project gets ready for a testnet launch, staking and likely for DeFi integration.-NPXS shows a bullish trend. PundiX (NPXS) price spiked over 100% since February 6. As the project gets ready for a testnet launch, staking and likely for DeFi integration. Pundi X

February 20, 2021 2 mins read

Ethereum (ETH) Hit a New Record of $2,000

-Ether hit a new record of over $2,034.-The market capitalization of Ether is hitting over $230.7 billion.-Grayscale Ethereum Trust (ETHE) has added nearly 230,000 ETH. Ether hit a new record of over $2,034, with the market capitalization of Ether hitting over $230.7 billion. Ether, as the native digital currency of

February 20, 2021 2 mins read

What’s the Next Promising Altcoins to Kick Off in 2021?

-Some DeFi coins and non-DeFi coins showed a huge 1,000% spike over the last three months.-Many crypto investors have been waiting for the altseason to occur.-Even more, almost all the coins started to stagnate. Will this be the end of the alt season?  After a record-breaking start to the year

February 16, 2021 2 mins read

LuLu Exchange Partners With Federal Bank to Enhance Cross-Border Payments

-LuLu Exchange partners with Federal Bank to enhance cross-border payments into India through RippleNet Cloud.-However, the new three-way partnership with the Federal Bank will help innovate new pathways in the payment service arena in India.   -Moreover, many people continue to exchange money using payment services even during pandemics. LuLu Exchange partners

February 12, 2021 2 mins read