-DeFi protocol Alpha Homora loses $37 million in Iron Bank exploit.-However, the Protocol had been monitored by Quantstamp and Peckshield.-It’s unclear how it is possible to recover the funds from their prime suspect. One of the largest DeFi protocols Alpha Homora lost over $37 million worth of funds leveraging Cream’s
-Jack Dorsey partners with Jay-Z to create 500 BTC blind Bitcoin Trust.-Dorsey is a known long-time supporter of bitcoin with “#bitcoin” as his Twitter profile. -Over the past year, many companies supported more than 25 developers and projects with an approximated $3.46 million. Twitter co-founder and CEO Jack Dorsey partnered with
-Uber dismissed the idea of buying Bitcoin with cash but accepted it as payments.-However, the news came after the Tesla announcement on buying $1.5 billion worth of Bitcoin. -Uber reported it had $5.65 billion in cash and cash equivalents.-Like Uber, PepsiCo CFO Hugh Johnston told CNBC that it had the conversation
-Total value locked (TVL) in DeFi hits a new all-time high over $39B.-However, a high TVL doesn’t mean increased participation or activity in the DeFi space. -Moreover, Adjusted TVL usually tracks the changes in the TVL in the ecosystem. The total value locked in decentralized finance (DeFi) has marked a new
-Cryptocurrency market capitalization has surged over $1.4 trillion.-Besides, Bitcoin and Ether (ETH) hit new all-time highs of above $48,000 and $1,800, respectively.-Meanwhile, the crypto-economy doesn’t seem to care about Schiff, a bitcoin hater’s Twitter noise. Cryptocurrency market capitalization has surged over $1.4 trillion surpassing Alphabet’s GOOG and GOOGL. Crypto Market
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-The Solana Foundation partnered with Project Serum to host a global hackathon focused on DeFi.-The hackathon will begin from February 15 through March 1st.-Moreover, participants will compete for a seed funding round of $200k. The Solana Foundation is energised to partner with Project Serum. In order, to host a global
-Ethereum (ETH) surged to a new all-time high of over $1,800.-ETH’s blockchain dominates the Decentralized Finance (DeFi) ecosystem.-More so, the relative strength index (RSI) of the crypto is already at the oversold state. Ethereum (ETH) surged to a new all-time high of over $1,800. Amid a continued drying up of
-Bitcoin hits a new all-time high of over $43K.-This price spike came after Tesla Bought $1.5B worth of BTC.-Moreover, the move follows encouraging signs from CEO Elon Musk. On February 8, the cryptocurrency king Bitcoin (BTC) hits over $43,000. Moreover, the crypto spiked almost $3,000 in a minute. This spike
-Binance has suspended Nigerian deposits.-Following the new request of the Central bank of Nigeria (CBN) to boycott cryptocurrencies and crypto trade.-Nigerians voiced their uneasiness utilizing the hashtag #WeWantOurCryptoBack multiple times. Digital currency exchange Binance suspended Nigerian deposits. Following the new request of the Central bank of Nigeria (CBN) to boycott
