Ethereum (ETH)

Members of the Aave community – a widely used decentralized lending protocol – are mulling a freeze on BUSD after a wave of regulatory pressure against its issuer, Paxos, on Monday. A newly tabled governance proposal would freeze Aave’s BUSD reserve on its Ethereum market beginning in April, only allowing users to burn BUSD tokens for their underlying value.  Abandoning BUSD The proposal in question was tabled by Marc Zeller – an Aave community member and founder of the...

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The hacker who exploited Solana’s cross-chain bridge Wormhole a year ago has moved another $61 million in ether (ETH) of the stolen funds. Blockchain security firm PeckShield disclosed Sunday that the exploiter moved some of the assets to the Ethereum-based decentralized protocol MakerDAO. Wormhole Attacker Moves Stolen Funds Again Recall that Wormhole Bridge was exploited in February 2022 after a vulnerability on the platform enabled an attacker to mint wrapped ETH (wETH)...

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By the end of 2022, PayPal held over $600 million in digital assets in crypto on behalf of its users. That included $291 million in Bitcoin (BTC) and $250 million in ETH.  According to PayPal’s annual report to the Securities and Exchange Commission, the remainder of its $63 million in crypto was spread between Bitcoin Cash (BCH) and Litecoin (LTC). In total, the firm held $604 million in digital assets. In dollar terms, that’s less than what the firm held in Q3 – when...

The past 24 hours brought some more pain for the bulls as BTC slipped to another three-week low at under $21,500. Most altcoins are in no better shape, including the ETH liquid staking coins, many of which have seen double-digit price drops. BTC Drops Again The start of the month was highly positive for the primary cryptocurrency, which pumped to $24,200 after the latest interest rate hike by the US Federal Reserve on February 2. However, the landscape changed in the...

PayPal ist ein Online-Zahlungsdienst, der seit 1999 besteht und seit 2002 ein Tochterunternehmen von eBay ist. Mit PayPal kann man weltweit sicher und einfach Zahlungen senden und empfangen. Das System ist sehr benutzerfreundlich und kostengünstig. PayPal ist eine digitale Brieftasche, in der man seine Bankkonten und Kreditkarten verwalten kann. Diese Daten werden sicher gespeichert, so dass man bei jedem Kauf nicht jedes Mal erneut die Bankdaten eingeben muss. PayPal ist auch sehr sicher, da...

Decentralized finance (DeFi) protocol dForce has suffered a reentrancy vulnerability attack leading to the loss of $3.6 million worth of crypto assets. The attacker targeted the protocol’s vault on the automated market maker (AMM) platform Curve Finance, which operates on the Arbitrum and Optimism blockchains. dForce Exploited for $3.65M  The hack was first flagged by Twitter user @ZoomerAnon who announced that dForce had lost about $1.7 million in a series of flash loan...

On Feb. 9, Gary Gensler and his SEC took aim at Kraken and its staking-as-a-service products. The regulator claims that the U.S. crypto exchange is offering unregistered securities through its staking services. Consequently, Kraken suspended staking-as-a-service, and crypto markets have slumped. On Feb. 10, popular analyst and trader Alex Krüger put a positive spin on the latest regulatory crackdown by Uncle Sam. He said that a ban on staking, which the SEC is angling for,...

[PRESS RELEASE – Geneva, Switzerland, 10th February 2023] Messari, a leading provider of blockchain research and data analysis, has released its quarterly reports on the State of TRON and the State of USDD for the fourth quarter of 2022. STATE of USDD Their first report, “State of USDD Q4 2022,” showcases the performance of USDD, a stablecoin pegged to the US dollar, managed by the TRON DAO Reserve, and circulating on multiple blockchains, including TRON, Ethereum, and...