Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

BTC Proxy Is Live on BNB Chain and Interoperable With WBTC and BTCB

PRESS RELEASE. Leading DeFi protocol BTC PROXY today expanded support for the Binance BNB Chain as well as updating support on Ethereum and Polygon for their ($BTCpx) Bitcoin Proxy. Minting and bridging of BTCpx to the three networks goes live on or after March 10th, 2023. This fulfilled a vision of allowing the Proxy community […]

I’m tired of people’s excessive optimism about the future of crypto

I understand that this is a Crypto sub, but the level of delusion here is concerning. People sound more and more like Safemoon or other scam coin armies, repeating the same old messages like "keep DCAing and you'll definitely get rich in the next bull market" or "thanks for cheap crypto 🤤" or "stop spreading…
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Binance CEO: Exchange Has ‘No Exposure to Silicon Valley Bank’

submitted by /u/Stormtrooper501 [link] [comments]

South Korea Doubles Down on Metaverse, Announces $51 Million Investment in Related Projects

The Ministry of Science and ICT of South Korea has approved investments of $51 million in various metaverse projects, doubling down on its metaverse bet for the future. The investment includes a fund for supporting the growth of metaverse companies and another special investment to build several services including region-specific projects. South Korea Continues Investing […]

Bitcoin price spikes to '$26K' in USDC terms — How high can the BTC short squeeze go?

Bitcoin recovers from the depegging of USDC, the second-largest stablecoin, from the U.S. dollar.

What is ethical hacking, and how does it work?

Ethical hacking is the practice of identifying and testing vulnerabilities in a system to improve its security and prevent unauthorized access.

One turned $2.03 million into $0.05 and the other one turned $1.5 into $2.03 million

Someone got rekt hard due this USDC panic. Kyberswap helped a user to swap $2.03M for $0.05. In the midst of the depeg panic, a user used Kyberswap to swap a $2.03M stake in the protocol's 3pool curve pool (representing a stake in USDC/USDT/DAI) for 0.05 USDT. Instead of channeling and swapping through Curve, Kyberswap…
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Circle’s USDC instability causes domino effect on DAI, USDD stablecoins

Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the U.S. dollar.

Nigerian Banks Resume Dispensing Recently Demonetized Naira Banknotes

According to local reports, Nigerian financial institutions have begun abiding by a Supreme Court ruling that invalidated the Central Bank of Nigeria (CBN)’s demonetization of the 1,000, 500 and 100-naira banknotes. According to the court, Nigerian residents will continue to use the demonetized banknotes until the end of the year. Court Criticizes Outgoing Nigerian President […]