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Coinbase Ventures, Paradigm Invest $12M in Synthetix DeFi Platform

Coinbase Ventures, Paradigm Invest $12M in Synthetix DeFi Platform

Three prominent venture capital firms bought tokens directly from the DAO’s treasury.

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Why Comparing Bitcoin to Visa Doesn’t Make Any Sense

A reading of Nic Carter’s latest essay for CoinDesk on the inappropriateness of comparing the energy consumption of bitcoin and Visa transactions.

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Bitcoin Sets New All-Time High of $49.7K, Putting $50K Within Striking Distance

The record comes as traders analysts have described institutional investors’ interest in bitcoin as growing “at a staggering pace.”

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NBA Top Shot, CryptoKitties Firm Dapper Labs Raising $250M+ at $2B Valuation: Report

The firm has generated almost $100 million in NFT sales, according to the report.

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Morgan Stanley Unit Considers Bitcoin Investment: Bloomberg

Morgan Stanley already has a nearly 11% stake in the bitcoin-laden business intelligence company MicroStrategy.

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A $150 billion investment unit of Morgan Stanley is exploring bitcoin: report

Morgan Stanley investment unit exploring bitcoin.

The post A $150 billion investment unit of Morgan Stanley is exploring bitcoin: report appeared first on The Block.

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Alpha Homora exploited for $37.5M

Leverage liquidity protocol Alpha Homora was the victim of a $37.5M exploit on Saturday. The exploit involved the use of CREAM Finance’s Iron Bank service, which gives out uncollateralized loans to trusted smart contracts. In Saturday’s hack, an exploiter coded a contract that tricked Alpha Homora into believing it is their own contract. The exploiter […]

The post Alpha Homora exploited for $37.5M appeared first on The Block.

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Corporate Crypto Makes Government Bans Less Likely

A recap of a swath of news about corporate players coming into the crypto space, and why it could change the landscape of regulation.

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DeFi Protocols Cream Finance, Alpha Lose $37.5M in Exploit; ‘Prime Suspect’ ID’d

Alpha Finance says the “loophole” has been patched.

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ConsenSys Grants Help Iranian Women Learn Solidity

The Ethereum incubator’s instructional program offers scholarships to help developers get started with coding in Solidity.

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