Cryptocurrency

Hacker stole $ 2.8 million in DeFi attack on Yearn Finance

DeFi platform Yearn.Finance reported a vulnerability in one of its pools (v1 yDAI), which led to the theft of $ 2.8 million. Yearn.Finance is a so-called profitability aggregator, with which users can place funds in pools (storage) which are then deployed to other DeFi protocols. Later, one of the main developers of Yearn, under the pseudonym banteg, shared the details of the hack on Twitter. He…
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Cryptocurrency

Analysis of prices for BTC, ETH, XRP (05.02.21)

BTC / USD Sellers seized the initiative yesterday and during the day tried to roll back the bitcoin price to the support of 36,000.00 USD. In the second half of the day, the pair tested the level of USD 36,200.00, sales volumes decreased and the price stopped its decline. A weak recovery on declining volumes brought the BTC price back to the 37300.00 USD mark. If the recovery continues today…
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Cryptocurrency

Bitcoin hodlers hold about 15% of the total supply

Researchers from the Glassnode team recorded an increase in the trend for long-term storage of bitcoin. According to their calculations, 15.32% of the total cryptocurrency supply is now under the control of so-called hodlers or BTC fans. The wallets of such investors…
Cryptocurrency

Bitcoin futures trading volume exceeded $ 2 trillion in January

January was the record month for Bitcoin futures trading, according to a report by Block Research. Compared to December 2020, the market size has doubled. If in December the trading volume was about $ 993.8 billion, then in January this figure reached a record high of $ 2.09 trillion, analysts said. At the end of January 2021, the Binance crypto exchange became the leader in this area. It…
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Cryptocurrency

What you need to know about stablecoins?

In the fall of 2013, the financial world entered a new reality. To the jubilation of cypherpunks, bitcoin soared above $ 1000, and central banks around the world began to publish warnings and look for ways to pacify the “decentralized genie” that threatens the stability…
Cryptocurrency

Transaction Fees Rise Again on Ethereum

The rise in the value of DeFi tokens and Ether (ETH) has led to network congestion and increased transaction fees. According to BitinfoCharts, the average transaction processing fee is now $ 20.2. At the peak of blockchain congestion, the commission reached $ 23.43. A similar situation was observed on January 11 this year. Then the operating fees rose to $ 19. The rise in transaction prices…
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