Fei Protocol offered the hacker $10 million in exchange for the restoration. The agreement strives to protect the FEI peg without the requirement for governance. To mitigate the effects of an assault in April 2022 that syphoned out approximately $80 million from several Rari Fuse pools, the DeFi platform Fei
A total of $6.9 million was then spent on armored vests. It was reported by Elliptic that $5 million came from Polkadot co-founder Gavin Wood. Yesterday, Ukraine’s Vice Prime Minister Mykhailo Fedorov detailed the use of $54 million in cryptocurrency contributions. The most expensive item was unmanned aerial vehicles (or
On July 21st, the European Central Bank (ECB) stated that it will raise interest rates. The Bank of England has already raised interest rates six times in a row. Inflation in the Eurozone reached an incredible high of 8.9% in July. The last time it was this high was 25
Vitalik Buterin is not an unfamiliar name in the global crypto scenario. He is one of the masters behind the open-source blockchain technology, Ethereum. The massive adoption of the platform’s native cryptocurrency, ETH, created the name ‘Vitalik’ popular in the crypto world. Currently, Ethereum (ETH) is the most prominent coin
What is MoonXBT? MoonXBT is the world’s first social trading platform for cryptocurrencies. The Cayman Islands-based cryptocurrency exchange was established in 2021. The exchange offers its customers a broad range of trading products, allowing them to execute their trading plans effectively with enough liquidity to back them up. Introduction: A
The Washington, DC, Roman Catholic Archdiocese will begin accepting crypto donations. The money will be used to help 139 parishes near Washington, D.C. The Roman Catholic Archdiocese of Washington, D.C. will begin accepting bitcoin donations as part of an effort to increase its services. Engiven, a cryptocurrency platform, announced on
NC Global Media is proud to unveil the first edition of NC BlockFiesta’22, an explorative event aiding free blockchain education to 1 million+ students across diverse educational institutions. The day, 1st August 2022, is all marked for the commencement of NC BlockFiesta’22 at Chevalier T. Thomas Elizabeth College for Women
According to the IMF, the economy dropped from 6.1% last year to 3.2 %in 2022. The crypto market dropped below $1trillion from its all-time high of $3 trillion. Since the beginning of the year, the global economy has been in a gloomy and depressing state, and multiple incidents this year
Kraken exchange platform holds customers from the country listed in Sanction. Around 2K “verified accounts” are from Iran, Syria, and Cuba. Kraken, a notable crypto exchange, has been under investigation by the U.S Treasury Department. The investigation is due to the suspension of the platform for allowing users from restricted
A currency devaluation of 25% was announced on Thursday. Withdrawals from payment cards have now been capped to 12,500 hryvnia per week. National Bank of Ukraine’s (NBU) new policies is a reaction to the changing economic foundations of the nation amid a continuous war with Russia. A currency devaluation of
