Defi Boom: Bubble Fears Grow as ‘Toxic’ Community Disagrees on Way Forward
The decentralized finance (defi) space is headed for an implosion unless the divided community leaders step forward with solutions. This is discernible from September 13 Sunday morning tweets by some influential players in the defi space wherein they attack each...
Bitcoin Options Traders Bet the Price of BTC Can Touch $36K by December
This past weekend, data shows the most active bitcoin options contracts were calls for $28k, $32k, and $36k by the year’s end. This means a number of options traders are betting the price of bitcoin will exceed the all-time high (ATH) the decentralized currency...
Bitcoin Hashrate Hits 135.2 EH/s as miners’ bullishness continues
Hashrate is at the highest level despite a week in which prices dipped from $12,000 to test lows of $9,825. Bitcoin’s hashrate has hit a new all-time high as miners continue to be bullish about the cryptocurrency. The network’s seven-day average chart...
Defi Protocol Bzx Loses $8.1 Million in Third Hack This Year
So called decentralized finance (defi) lending platform Bzx on Sunday lost $8.1 million in a new hacking attack, the third this year, caused by a flawed code in its smart contracts. The bug allowed the hacker to mint 219,200 LINK tokens (valued at $2.6 million); 4,503...Interesting 13
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