Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9 million from the vulnerability. Lodestar Finance Loses $6.9 Million in an Exploit, TVL Drained, LODE Drops by 53% Another decentralizedContinue Reading
Bitcoin can facilitate positive freedom by enabling individuals to retain value of their savings and feel more fulfilled. This is an opinion editorial by Logan Bolinger, a lawyer and the author of a free weekly newsletter about the intersection of Bitcoin, macroeconomics, geopolitics and law. “I’m more interested in askingContinue Reading
Erlay is a new relay protocol that seeks to minimize the bandwidth usage required to connect Bitcoin full nodes. This is an opinion editorial by Kudzai Kutukwa, a passionate financial inclusion advocate who was recognized by Fast Company magazine as one of South Africa’s top-20 young entrepreneurs under 30. SatoshiContinue Reading
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching the stablecoin asset tether over to usd coin, andContinue Reading
Over the last few weeks, there’s been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6, the Financial Times (FT) published documentation that shows Alameda’s investment portfolio, which alleges the company spent more than $5 billion on hundreds of investments. Some of theContinue Reading
The Bank of Spain is seeking the collaboration of organizations interested in participating in an experimental test on a wholesale central bank digital currency (CBDC). The institution clarified this new program has no relation with the current investigation on a possible digital euro, and has the objective of examining theContinue Reading
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the industry and the taxation of its profits. Law to Regulate Crypto Mining in Kazakhstan, Change Licensing Rules TheContinue Reading
Bitcoin lending is the future of DeFi, settled in the most robust blockchain. Here’s how it works and what you can do to get a bitcoin-backed loan. Loaning your bitcoin invites an element of risk that you may not need to incur. You should not make any financial, investment, tradingContinue Reading
Bitcoin will shape the future of humanity in the wake of the 2008 financial crisis and the COVID-19 pandemic. This is an opinion editorial by Nozomi Hayase Ph.D., who has a background in psychology and human development. The 2008 financial meltdown, with subsequent bank bailouts and a cycle of austerity,Continue Reading
On Dec. 4, 2022, a report details that FTX-based synthetic stocks may have been used to manipulate the value of AMC shares. In May 2021, FTX offered 36 tokenized stocks but speculators believe it’s questionable whether or not the firm actually held the real stocks in the first place. FTXContinue Reading
