Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems

Understanding Defi Flash Loans - Complex Attacks, Inflation and Composable SystemsTwo recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are providing people with the ability to borrow crypto without relinquishing any collateral. The scheme was used to exploit funds from the Bzx platform twice, as […]

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Chinese Government-Backed Institute Releases New Ranking of 37 Crypto Projects

Chinese Government-Backed Institute Releases New Ranking of 37 Crypto ProjectsChina’s Center for Information and Industry Development has published its latest crypto project ranking — the first this year. A total of 37 crypto projects, two more than in the previous ranking, were evaluated and ranked overall this month as well as in three separate categories. Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett […]

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Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced

Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring AnnouncedBanking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches. “This represents one of the deepest restructuring and simplification programs in the bank’s history,” explained interim CEO […]

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In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix

In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System PixBanco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. The project aims to limit the use of paper money and […]

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Ireland Seizes Bitcoin Stash Worth $56M But Can’t Sell for 7 Years

Ireland’s Criminal Assets Bureau (CAB) seized 6,000 BTC from a Dublin resident who was accused of growing cannabis on property located in the Wicklow Mountain region. The police found around €450,000 of marijuana plants but the €52 million ($56.1M) of BTC was the biggest single-value asset seizure by the CAB since 1996. A new era […]

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Bitcoin Superstar and Bitcoin Era – The Latest Two Faces of the Same Scam

Bitcoin Superstar and Bitcoin Era - The Latest Two Faces of the Same ScamWith the rising price and popularity of bitcoin come numerous scams. Bitcoin Superstar and Bitcoin Era are two investment schemes that have recently gained much attention. News.Bitcoin.com took a look at them, and it did not take much to spot how similar they are to each other and several other well-known scams. Also read: Bitcoin, […]

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Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors

Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional InvestorsSince the new German crypto regulation went into effect, financial institutions in Germany have been preparing to offer crypto custody services. Among them is Boerse Stuttgart, the country’s second-largest stock exchange. Having obtained a provisional license from BaFin, the regulator in charge of licensing crypto service providers, Boerse Stuttgart is preparing to offer crypto custody […]

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Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium

Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC's 41% PremiumCryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion. Also Read: Voluntary Financing: Bitcoin Cash Devs Reveal Noncustodial Funding App […]

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50 Cent, Talib Kweli, Snoop Dogg and Nas: Celebrities Who Could Be Bitcoin Millionaires

Many celebrities have mentioned the benefits of bitcoin and leveraged the asset for certain projects. For instance, 50 Cent, Snoop Dogg and Talib Kweli all sold albums for BTC, but when cryptocurrency prices skyrocketed, 50 Cent told the public he sold his coins as soon as he got them. Many other celebrities from Hollywood and […]

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Curious About Bitcoin, Nigerians See Increasing Opportunities to Buy and Spend Cryptocurrencies

Curious About Bitcoin, Nigerians See Increasing Opportunities to Buy and Spend CryptocurrenciesHigher prices since the start of the year have been restoring popular interest in cryptocurrencies. Google searches for “bitcoin” have increased since December to about half of those registered in June last year. There’s one country that sticks out as a benchmark for the indicator. Nigeria has consistently topped the chart in the past 12 […]

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