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Defunct Swerve Finance still subject of $1.3 million live governance hack

Defunct Swerve Finance still subject of $1.3 million live governance hack

A governance attack launched against a dead Curve clone called Swerve Finance is still ongoing and the culprit may have been doxed.

The post Defunct Swerve Finance still subject of $1.3 million live governance hack appeared first on The Block.

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Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?

Coinbase’s former CTO, among others, has predicted that bitcoin will reach $1 million as the dollar fades, but these doomsayers are ignoring other historical precedents.

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Amazon’s NFT Plans Teased in a Receipt Mailed Friday Afternoon

In an email to CoinDesk’s Nikhilesh De, Amazon appeared to confirm that digital tokens, an NFT gallery and resale opportunities are coming to the site.

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NFTX DAO Eyes Treasury Rebalancing After USDC Wobbles

The decentralized autonomous organization’s token holders are voting to diversify $2 million of its treasury’s assets amid a turbulent crypto market.

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Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears

But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.

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Bitcoin mining report: March 24

Bitcoin mining stocks were mostly lower on Friday.

The post Bitcoin mining report: March 24 appeared first on The Block.

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Fed explains why Custodia got an ‘F’ on its examination

The Fed wasn’t impressed with Custodia’s application to become a member of its system, and provided new details behind the Jan. 27 rejection.

The post Fed explains why Custodia got an ‘F’ on its examination appeared first on The Block.

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Magic Eden Forms Web3 Games Collective With Leading Publishers, Communities

The NFT marketplace has teamed up with Yield Guild Games, Game7 and Fenix Games to bring Web3 games mainstream.

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Sotheby’s ‘Oddly Satisfying’ NFT auction disappoints, top work lands paltry $54,600

Top-selling NFT at Sotheby’s latest digital art auction scores a meager $54,600.

The post Sotheby’s ‘Oddly Satisfying’ NFT auction disappoints, top work lands paltry $54,600 appeared first on The Block.

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Bitcoin From Defunct BTC-e on the Move Again: Report

Someone is trying to cash out bitcoin from an exchange that has been inactive since the U.S. shut it down in 2017.

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