One crypto arbitrageur was able to gain $370,000 from a flash loan exploit on the Avalanche-based DeFi platform Nereus Finance.
The post Attacker scoops $370,000 profit in $51 million flash loan arbitrage on Avalanche appeared first on The Block.
Crypto lender Voyager Digital will hold an auction of assets next week, more than two months after filing for bankruptcy.
The post Bankrupt Voyager Digital to hold asset auction on September 13 appeared first on The Block.
Former Revolut employees have raised a $78 million round for Tesseract, a web3 startup that aims to tokenize the energy business.
The post Former Revolut employees raise $78 million for web3 energy startup appeared first on The Block.
In this episode of The Scoop, Hxro co-founder & CEO Dan Gunsberg joins host Frank Chaparro to unpack the idea behind the Hxro protocol, and to explain how Hxro hopes to solve liquidity problems that currently exist in the decentralized derivatives space.
The post How the multi-trillion dollar derivatives industry could be disrupted by decentralized technology appeared first on The Block.
Bitcoin is trading near its 2022 lows on Wednesday, below the $19,000 mark.
The post Bitcoin drops below $19,000 as crypto market cap surrenders $1 trillion mark appeared first on The Block.
The crypto and blockchain sector continues to show signs of maturity, despite global and ecosystem challenges, audit, tax and professional services firm KPMG said in its September Pulse of Fintech H1’22 report. Although falling from 2021, the pace of continuous crypto growth “highlights the growing maturity of the space and the breadth of technologies and […]
The post Crypto market maturing, KPMG says appeared first on The Block.
Coinbase put forth a proposal on MakerDAO’s governance forum that would transfer 33% of Maker’s $1.6 billion Peg Stability Module (PSM) into a Coinbase Prime custody account, increasing Maker’s revenue by roughly $24 million.
The post Coinbase releases governance proposal that could increase MakerDAOs revenue by $24 million appeared first on The Block.
Binance’s move to automatically convert USDC and two other stablecoins may lead to more USDC flowing into the exchange, according to the CEO of Circle, which issues the coin. “Binance is trying to consolidate dollar liquidity w cash equivalent stables. That’s good for liquidity and market depth,” said Circle CEO Jeremy Allaire on Twitter. Binance […]
The post Binance conversions will lead to more USDC flowing into the exchange: Circle CEO appeared first on The Block.
Two law firms have filed a letter requesting to replace Roche Freedman as lead counsel in the Tether class action.
The post Law firms seek to replace Roche Freedman as lead counsel in Tether case appeared first on The Block.
Here’s how crypto mining companies performed on Tuesday, Sept. 6.
The post Bitcoin mining stock report: Tuesday, September 6 appeared first on The Block.
