Polkadot-based aUSD Stablecoin fell by 99% After Hackers Issued 1.2 Billion Tokens
Acala has become the most recent Defi protocol to come under attack, as hackers issued 1.2 billion aUSD on August 14 and saw a 99% decline in price.
Cryptocurrency
News about Cryptocurrencies
In this section you will find the latest news about all the most important cryptocurrencies, including Bitcoin and the rest of altcoins.
Cryptocurrencies are digital money created using blockchain technology. Each of these digital currencies has its own market price and its price fluctuates according to supply and demand.
Cryptocurrencies are not regulated by any government or financial institution, as they aim at decentralization. This means that the community itself regulates the market, without the intervention of other public or private organizations.
More from this category
British Advertising Watchdog Criticizes Arsenal Football Club Over “Misleading” Crypto Promotion
The Advertising Standards Agency (ASA) has strongly criticized North London-based professional football club Arsenal for its association with digital fan token startup Socios, calling…
Polygon Partners With Neowiz to Launch Web3 Gaming Platform
Polygon has announced an imminent partnership with South Korean online game developer Neowizz, making Neowizz the second gaming business to explore the Web3 waters.…
Investors Bullish on Ethereum as The Merge Approaches
According to the most recent report published by CoinShares, institutional investors are pouring their money into digital asset funds that are based on Ethereum…
Polygon-Based Dragoma Token Crashes by More than 99% in Rug Pull Scam
Dragoma, a Web3 lifestyle sports application built on Polygon that integrates GameFi and SocialFi features, has been reported to be a rug pull scheme.…
Bitcoin Approaches 24k, Will It Be Able To Surpass It?
Bitcoin (BTC) is trading above its 9-day and 21-day moving averages, signaling a bullish advance as it approaches the $23,441 resistance level. The Bitcoin price…
Craig Wright Hints Again That He Is Satoshi Nakamoto
The identity of Satoshi Nakamoto, the founder of the world’s first cryptocurrency, has been unknown since the invention of the digital asset. He published…
Binance Card Adds Support for SHIB, AVAX, XRP
On Friday, Binance announced that three more alternative currencies will be accepted with its Binance Card. Ripple (XRP), Shiba Inu (SHIB), and Avalanche (AVAX)…
Solana Points to Slope Mobile Wallet After Hack
There is a likely explanation for why thousands of Solana users lost SOL and other tokens worth $4.5 million from Tuesday night to early…
Exploit Affects Over 7,000 Solana Wallets Including Slope and Phantom
Solana revealed the news on Twitter, saying that a malicious actor was able to steal money from a lot of users’ wallets on the…
Sygnum Bank Introduces Cardano Staking
With the announcement of support for Cardano (ADA) staking, Sygnum Bank is continuing to broaden the scope of the cryptocurrency services it offers. Sygnum…