In May 2021, we witnessed multiple hacks targeting BSC DeFi products. In particular, a loophole related to reward minting in the yield aggregator, PancakeBunny, was exploited to mint ~7M BUNNY tokens from nothing, leading to a whopping $45M financial...
Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized...
Cross-chain decentralized exchange THORChain has suffered its second multi-million-dollar hack in as many weeks, with $8 million worth of Ether impacted. However, the attack appears to have been carried out by a white-hat hacker, with THORChain announcing the perpetrator...
Vega, an open protocol for creating derivatives allowing any blockchain to leverage its high throughput, has announced the closure of its $43M token sale on CoinList with over 21,000 unique participants. With Vega, market makers can not only launch...
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Gera Coin launched a few months ago with the ambitious objective of pioneering a new era of cryptocurrency payments for delivery. Since then the project has surpassed expectations time and time again, thrilling investors and its growing community. Gera...
On Wednesday, the non-fungible token (NFT) platform called Autograph, co-founded by the Super Bowl champion, Tom Brady, announced a strategic partnership with the companies Draftkings and Lionsgate. Draftkings Inc. also revealed on Wednesday that the publicly listed company is...
Tesla CEO Elon Musk has revealed for the first time that his firm SpaceX owns Bitcoin (BTC). The company is yet to officially announce how much Bitcoin it has purchased, however Musk’s other company Tesla purchased $1.5B of the...
Celebrating 5 years of success and innovations BuyUcoin turns 5! Since our inception in 2016, we have witnessed numerous disruptions in the Indian crypto ecosystem and have been quick to adopt the necessary changes. BuyUcoin’s success is based on...
Animoca Brands, a provider of digital entertainment, blockchain, and gamification technologies, along with venture accelerator Brinc, today announced the launch of Launchpad Luna, a new accelerator program to identify, mentor, and invest in promising blockchain and non-fungible tokens (NFT)...