DeFi platforms PancakeSwap and Cream Finance warned users on Monday that they were hit by domain name system (DNS) hijackings.
The post DeFi platforms PancakeSwap, Cream Finance hit by domain name system hijacks appeared first on The Block.
At NEM, we believe we are beginning to create an entirely new economic and digital system that can be more inclusive and accessible. NEM has a vital role to play, alongside and operating with other platforms, in contributing to the creation of this new system.
The post Symbol From NEM: Facilitating The World’s First Digital Collector Coin appeared first on The Block.
Retail and institutional flows balanced out in Q1 following retail surge.
The post Retail and institutional bitcoin flows balanced out in Q1, says JPMorgan appeared first on The Block.
Tesla’s CEO Elon Musk and its CFO Zach Kirkhorn have changed their titles to “Technoking of Tesla” and “Master of Coin,” respectively.
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CryptoUK, the trade association representing more than 50 British crypto firms, has called on chancellor Rishi Sunak to intervene over a delayed anti-money laundering registration process that has trapped hundreds of crypto startups in limbo.
The post UK trade body urges chancellor to step in over crypto register saga appeared first on The Block.
Quick Take
- Liquidations are essential for the successful existence of DeFi lending protocols.
- Liquidation volume reached the peak for all protocols except Aave last month.
- Currently, keepers execute many liquidations with minimal profit, which increases the incentives for bribing miners.
The price of bitcoin has fallen near $55,000 level from around $61,000 on Saturday as derivatives positions worth over $1 billion get force liquidated by crypto exchanges.
The post Bitcoin falls near $55,000 level as over $1 billion in crypto futures are liquidated appeared first on The Block.
Ioana Surpateanu, formerly co-head of European government affairs at Citi, has joined DIA, the decentralised finance project focused on crowd-verified financial data.
The post Citi’s government affairs co-head in Europe joins financial data DeFi DIA appeared first on The Block.
The Indian government is reportedly planning to ban cryptocurrencies after all. New reports of the ban have re-emerged after the country’s finance minister recently said a “calibrated” position will be taken on cryptocurrencies.
The post New reports of India’s crypto ban re-emerge after finance minister said a ‘calibrated’ position will be taken appeared first on The Block.
Thai conglomerate CP Group-bacekd Velo Labs has merged with Stellar co-founder Jed McCaleb’s Interstellar in a nine-figure deal.
The post CP Group-backed Velo merges with Stellar startup Interstellar in 9-figure deal appeared first on The Block.
