-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
-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
-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
-Blockchain collectible firm Sorare raises $50M for NFT fantasy sports.-The fresh Series A round brings Sorare’s whole funding to $60 million. -Sorare continues to grow its ecosystem with the new funding. Sorare, a blockchain-based soccer gaming platform, has raised $50 million from high-profile investors backing major firms like Twitter, Instagram, and
-Nigeria SEC collaborates with CBN to Regulate crypto market.-Regulators in Nigeria cannot ignore the $1.74T crypto market.-CBN and SEC also work with other Federal agencies.-In order to develop a national regulatory approach to cryptos in Nigeria. According to a report by Premium Times, the Central Bank of Nigeria (CBN) and
-BitTorrent (BTT) hits a new all-time high price.-After reaching its ATH of $0.001978 today, it went down to $0.001377. -BTT might have a chance to reach the bullish price of $0.00392. BitTorrent (BTT) has reached a new all-time high price of $0.001978 today. However, the cryptocurrency price is expected to reach
-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
-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
-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
-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
