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DeFi Fraud: How to Protect Yourself
As DeFi and blockchain evolved, hackers and scammers came up with new ways to hack and steal. In this article we will analyze the most common types of fraud and hacker attacks in DeFi. We will explain how to avoid the tricks of attackers.
What is farming in the DeFi ecosystem?
Is it possible to “plant” a cryptocurrency and grow a “harvest” in the form of additional crypto? It sounds crazy but nevertheless such a way to generate digital income as Yield Farming (profitable farming) is becoming more popular every day. There are “seeds”, “soil” and other attributes of real farming here.
Differences Between DEX and Centralized Exchanges
Today there are two types of exchanges – centralized and decentralized in the crypto industry. Let’s find out the differences and advantages of DEX and CEX.
Top 5 Ways to Earn Money on Crypto without Investing
It is not necessary to invest in order to earn on cryptocurrency. There are many ways to profit from the crypto market involving only your time.
Cryptocurrency market capitalization: what should an investor know?
Crypto market capitalization is the total value of all digital assets currently available on the exchange.
Netflix bans cryptocurrency ads: media
Streaming service Netflix plans to launch a new subscription option with a ban on cryptocurrency ads.
Liquid staking: how to earn in the DeFi ecosystem
Liquidity, staking, and DeFi are all confusing words for many users who are new to the world of blockchain and cryptocurrencies. In this article, we will explain how liquid staking works and why it is gaining popularity among the crypto community.
How does staking differ from mining?
Staking has been gaining much popularity lately, and even the world’s second cryptocurrency, Ethereum, will soon be unavailable for mining. So, what is the difference between these two cryptocurrency mining options?
New wrapped token from Coinbase: what we know about cbETH
Cryptocurrency exchange Coinbase has launched the cbETH token. The new coin is a derivative asset issued on the security of ETH locked in staking. As of August 25, cbETH is available for trading on Coinbase in pairs to USD.
Vitalik Buterin expressed his opinion on the potential of cryptocurrencies
Vitalik Buterin stated that despite cryptocurrency’s spread and growing popularity, crypto payments are still undervalued in the international market. He thinks digital assets outperform fiat in such areas as donations to charities, global payments, and transactions within a country.
Purchasing electronics for cryptocurrency with WhitePay
It will be possible to buy electronics in several Ukrainian stores with the help of the WhitePay platform, which is part of the ecosystem of the WhiteBIT exchange. You can pay for the goods online and offline using one of the special POS terminals.
Ethereum’s switch to PoS. Pros and cons
Ethereum is scheduled to switch from the Proof-of-Work (PoW) consensus algorithm to the Proof-of-Stake (PoS) algorithm in September 2022. The initiator of this transition was personally Ethereum founder Vitalik Buterin. According to him, the transition to the new algorithm will simplify and scale the mining process.
MTV will hold the Video Music Awards ceremonies in the metaverse
MTV and Roblox are teaming up to create the metaverse – “The VMA Experience”, which will be used to host the Video Music Awards.
MTV Video Music Awards 2022 will include a nomination for performance in the metaverse
Six performers, who have held their concerts on various online platforms, are already fighting for the victory in a new nomination.
Anthony Hopkins launches an NFT collection
The Eternal Collection of non-fungible tokens will include 10 versions of tokens featuring characters played by actor Anthony Hopkins.
“Bitcoin will drop to $10,000 again”: Peter Schiff made a statement about the situation in the crypto market
The head of Pacific Capital called the current growth of cryptocurrencies “a sucker’s rally” and is confident in the further decline of bitcoin and other cryptocurrencies.
The top five wealthiest crypto-businessmen in the world
Recently, the crypto market has seemed turbulent, with asset prices rising and falling to record lows. However, despite all the difficulties, the crypto industry still makes colossal amounts of money.
Hackers attacked the Brazilian BlueBenx: $31 million stolen
The attack was aimed at hacking liquidity pools in cryptocurrency networks. The development team tried to solve the problem but still had to activate the security protocol.
Coinfirm: “fiat currencies are less protected from laundering than crypto assets”
The analyst company Coinfirm believes that the recent development of AML and KYC has made it much more difficult to use cryptocurrencies for fraud.
Trend Micro experts talked about security problems in metaverses
According to security experts from Trend Micro company, which deals with anti-virus protection, for the first time in the existence of the metaverse, there will be a lot of criminals taking advantage of security loopholes.
What is the Metaverse and how does it work?
Over the past five years, the term “metaverse” has become firmly rooted in people’s minds. It is actively used in the movie industry, games, and blockchain. Some corporations work on creating metaverses, and even states are interested in this phenomenon. So, what is a metaverse, and how does it work within the blockchain?
Tornado Cash mixer hit by U.S. sanctions: 75 thousand USDC are frozen in the accounts
The platform was put on the sanctions list due to suspicions of money laundering. In addition to Tornado Cash, the sanctions included 6 USDC 39 Ethereum addresses associated with it.
All 250 NFT pendants by Tiffany in the form of CryptoPunks were sold out
All pendants were adorned with diamonds. They were exact replicas of the unique NFTs. The set also included an additional NFT from Tiffany. Buyers paid 30 ETH for each token.
Hackers withdrew more than $90 million from the Nomad cross-chain protocol
Cross-chain protocol Nomad lost more than 90 million dollars because of the hacker attack. Representatives of the platform disclosed this.
CoinFLEX is cutting staff globally to optimize costs
The company announced on its social media page that some of the staff at cryptocurrency platform CoinFLEX would be fired.
