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Cork Protocol hacked for $12M, smart contracts paused

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Tag: money

Earn 240% APY With Ampleforth’s New “Beehive” Incentive
Since becoming Uniswap v2’s most liquid pool, Ampleforth has now launched a new incentive that offers yield farmers up to 240% annualized yield. Ampleforth Incentives Propel Liquidity In June 2019, ...

Over 100 Crypto Companies Got US Government PPP Handouts
Loan-level data for the PPP recently published by the Small Business Administration attracted a lot of attention; the data provides insight into the real size of some of the largest companies in crypt...

The CFTC to Further Legitimize Bitcoin With Regulated Derivatives
In its strategic plan for 2020-2024, the CFTC will develop a framework to regulate and promote digital assets. Alongside Coinbase’s IPO dreams, this could be a catalyst for major adoption in North A...

Bitcoin Awaits Major Breakout as Price Pressure Builds
Bitcoin remains stuck in a no-trade zone despite the price action it saw over the last week. Nevertheless, BTC futures indicate optimism for the coming quarter. Bitcoin Loses Monday’s Gains Bitcoin ...

Still Bullish on DOGE? Buy 1 Token a Million at a Time on Bitfinex
Dogecoin went wild after a TikToke user named “jamezg97” posted a video asking viewers to pump DOGE with a small investment. In just a few days, the coin surged from $0.00230 to $0.00460. Now it l...

Cardano Reaches Overbought Territory as Hype Around Shelley Peaks
Investors are flocking to Cardano (ADA) as the protocol prepares to transition into a proof-of-stake consensus algorithm. Even though the network is expanding to levels not seen in three years, the up...

Top 10 Best Countries in the World to Mine Cryptocurrencies
Mining is one of the primary methods to generate a profit in the cryptocurrency industry and is considered by many as one of the more lucrative mechanisms in the market if done correctly. These gains ...

DeFi Project Spotlight: 1inch.exchange, the Trading Router for Decentralized Exchanges
1inch.exchange has emerged as an essential part of the booming decentralized finance (DeFi) movement. What initially began as a one-stop-shop for aggregating liquidity has morphed into a swiss army k...

Aave Protocol’s New Product Takes on $300 Billion P2P Loan Market
Aave Protocol’s newest product, credit delegation, allows users to take collateral-free loans using DeFi. This service has the potential to disrupt the $300 billion P2P lending market. However, unl...

Is bZx’s New DeFi Token Enough to Win Back Wary Users?
bZx is on the road to recovery and is implementing a plan to breathe new life into the protocol. By tweaking its native token, BZRX, with strong economics and introducing a rescue plan for illiquid le...