An unnamed user of Uniswap lost $20,000 through a fake app. The fake app contains over 100 downloads. There is currently over $1.3 billion in total value locked into Uniswap. An unnamed user of Uniswap lost $20,000 after adding the backup key phrase on a fraudulent Uniswap mobile application
TETHER When there is no stability on coins value and it is volatile, users will be confused about buying goods and services in fear of losing coins value. Though the cryptocurrencies like Bitcoin and Ethereum have been used more for transactions like online payments, they are not reliable using it
Cake DeFi, a leading platform for growing cryptocurrency assets, today announced support for swapping 13 major currencies into crypto, by partnering with an internationally compliant and advanced fiat-to-crypto gateway solutions provider. With this new launch, Cake DeFi is able to provide users from over 150 countries with the widest choice
After Bitcoin’s success, blockchain technology was growing enormously. Developers found that Bitcoin‘s benefit was very narrow and limited to only one purpose(money). Bitcoin has failed to impact the tech and financial services, because of the limited functionalities. In order to overcome these limitations, developers thought of creating a blockchain-based platform
Key Takeaways: Ripple’s Chief Technology Officer lost over $300,000. Ripple CTO’s risk-avoiding decision. Schwartz sold 40,000 Ethereum at $1 each. He also sold Bitcoin at $750 and Ripple at $.10 per crypto. Ripple’s Chief Technology Officer (CTO) David Schwartz lost more than $300,000 in investing over altcoins. Ripple CTO Lost
Ethereum (ETH) price continues to maintain its uptrend position as its price could go beyond $500. Ethereum, an open-source blockchain innovation platform that brings out secure crypto transactions. It is considered one of the best digital currencies in the crypto world. According to CoinGecko, ETH’s price is at $445, at
Ripple, the San Francisco-based fintech firm is now set to open its regional office within Dubai International Financial Center (DIFC) district. Ripple announced its interest in opening a regional HQ in Dubai. However, the fintech firm no longer wants to be situated in San Francisco. This is due to the
Financial Guru Max Keiser says that Bitcoin is projected to reach $400,000 (approx. £303,862) in case Joe Biden, a Democratic presidential challenger wins the US Presidential election. The US Presidential election is a trending topic right now around the world. While the US is getting ready for the election results,
The most awaited first phase of Ethereum 2.0’s deposit contract address has been deployed. The developers are setting up for a genesis block event on December 1, 2020. Ethereum 2.0 is considered to be the network’s largest update. The upgrade introduces many protocol improvements, including economic changes impacting regular users.
The decentralized finance (DeFi) tokens has ended its market hype as Bitcoin (BTC) maintains its bullish price. Correlation between Bitcoins and DeFi tokens The DeFi market is one of the most popular ecosystems in the crypto world. It has caught the attention of many investors in the crypto world. However
