Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 Million

Defi Protocol Harvest Finance Hacked for $24 Million, Attacker Returns $2.5 MillionDecentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash loan – a type of uncollatarized loan – but later returned $2.5 million. In seven minutes, the hack was complete. Harvest Finance revealed that the hacker “manipulated […]

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Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring

Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect Industry to Accelerate, Companies Are HiringDigital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have seen outperforming start-of-year projections. The state of the cryptocurrency industry […]

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Coinend: 1,2,3 Take off – New Gamified Crypto Prediction Platform

Coinend has announced the launch of its cryptocurrency gamified platform. GPC DIGITAL S.A operates this cryptocurrency-based gamified prediction portal, a corporation incorporated in Panama. It allows users to predict the closing price based on hourly, daily and weekly prices of various cryptocurrencies, with a reward for all participants. In a statement by the CEO, Godspower […]

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