Category: Latest news

[ad_1] Decentralized exchange QuickSwap said that it will close its lending pool after Market XYZ was exploited in a flash loan attack. In the early hours of Oct. 24, blockchain security firm PeckShield flagged a flash loan attack against Market XYZ, a lending pool on QuickSwap. The attacker manipulated the miMATIC price on Curve Oracle…

[ad_1] The biggest news in the cryptoverse for Oct. 24 includes a recent spike in Bitcoin mining difficulty leading to a new ATH, FTX agreeing to compensate its users’ losses to a phishing attack, and on-chain data reveals Binance and Bittrex were also attacked.  Bitcoin mining difficulty rises 3.4%, reaching new ATH Another spike in…

[ad_1] The U.S. Department of Justice (DOJ) has charged two Chinese intelligence agents for allegedly paying $61,000 in Bitcoin to a Federal Bureau of Investigation (FBI) “double” agent. According to the DOJ statement, Chinese agents Guochun He and Zheng Wang agreed to bribe a US government employee to steal some documents that reveal the government’s…

[ad_1] Investment manager and founder of Ark Invest Cathie Wood disclosed that she made a $100,000 investment in Bitcoin (BTC) when it sold for $250 in an Oct. 21 interview on What Bitcoin Did. Wu Blockchain reported that the investment had made over $7 million in profit. According to her, Bitcoin’s market cap was roughly…

[ad_1] Microsoft Cloud intends to support companies in the metaverse by offering public mixed reality technology integration services, according to a 24. Oct report by Arab News. Ihsan Anabtawi, COO of Microsoft’s UAE branch, revealed multiple products in the works to bring the software giant’s vision of the metaverse to life. Microsoft views the metaverse…

[ad_1] Zilliqa (ZIL) platform is known for its scalability solution called sharding. Sharding refers to dividing the network into several smaller component networks called shards. This allows the platform to process transactions in parallel, which increases the number of transactions it can process. Zilliqa’s Head of Gaming and Technology, Valentin Cabela, talked to CryptoSlate about…

[ad_1] The Mango Markets “hacker,” who goes by Avraham Eisenberg, bragged on Twitter about his latest project, Mango Inu, a meme coin based on Eisenberg’s infamous Mango Markets exploit. Eisenberg, however, made it clear on Twitter a couple of days after launching the project that anyone who invested would “definitely lose all your money.” Eisenberg…

[ad_1] Macro Overview Recap of critical events, week commencing Oct. 10 As CryptSslate attended Bitcoin Amsterdam, there was no weekly MacroSlate report for the week commencing Oct. 10. Key macro topics that occurred were; On Oct. 13, the U.S. CPI inflation report showed a worrying jump in prices excluding food and energy for September, pushing…

[ad_1] CEO of Wintermute, Evgeny Gaevoy, took to Twitter on October 23 to add commentary to the discourse around FTX CEO Sam Bankman-Fried and his intentions within the crypto industry. Gaevoy argued that Crypto Twitter is a “tiny subset of the world” and “doesn’t matter.” Gaevoy went on to say that “US regulators and politicians…

[ad_1] John Woods, the CTO of Algorand Foundation, has responded to criticism from Justin Bons of Cyber Capital that Algorand is “centralized and permissioned.” Woods accepted some “critical views” but argued that the chain is still decentralized or permissionless. Whilst I obviously disagree that Algorand is centralised and permissioned – there are a number of…