DeFi Hacks Continue: Decentralized Exchange DODO Exploited for up to $3.8M
Cryptocurrency exchanges

DeFi Hacks Continue: Decentralized Exchange DODO Exploited for up to $3.8M

The hacks and exploits on DeFi projects continue, and the latest victim to fall is the decentralized exchange platform – DODO. The attack targeted several V2 Crowdpools, and the stolen amount could go as high as $3.8 million. The decentralized finance sector is no stranger to malicious attacks and harmful exploits. The decentralized exchange and…

IRS Starts Operation Hidden Treasure To Find Unreported Crypto Income
Crypto news

IRS Starts Operation Hidden Treasure To Find Unreported Crypto Income

March 8, 2021 IRS starts a new operation to search for unreported crypto-related income as per the Director of the Office of Fraud Enforcement Damon Rowe who spoke at the Federal Bar Association virtual tax conference saying that crypto fraud remains a priority. The Operation Hidden Treasure is a joint effort between the IRS civil…

Argo Blockchain Joins The Texas Bitcoin Mining Rush
Bitcoin news

Argo Blockchain Joins The Texas Bitcoin Mining Rush

U.K.-listed cryptocurrency mining company Argo Blockchain unveiled plans for its new facility in … [+] Texas. Over the past few years, the state has attracted some of the world’s largest crypto mining operators. Global cryptocurrency mining company Argo Blockchain will construct a cryptocurrency mining facility in West Texas.  Today, the London-based cryptocurrency mining firm listed…

Private Blockchain Project Funding Accelerates as Companies Race to Address New Needs – Bitcoin News
Bitcoin news

Private Blockchain Project Funding Accelerates as Companies Race to Address New Needs – Bitcoin News

Blockchain operations are increasingly embracing more traditional financing from big-name venture funds to leverage these strategic stakeholders’ benefits instead of crowdfunding avenues popularized during the last blockchain hype wave. In a significant departure from the last crypto startup wave focused on raised public capital in the form of initial coin offerings (ICO), token sales, and…

YIELD App Launches Ethereum Fund, Gives Users up to 20% APY – Press release Bitcoin News
Ethereum news

YIELD App Launches Ethereum Fund, Gives Users up to 20% APY – Press release Bitcoin News

press release PRESS RELEASE. ESTONIA — MARCH 8, 2021 — YIELD App, the DeFi wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Ethereum fund, allowing users to earn high-interest returns on their Ether (ETH). Following a successful public launch and token listing (YLD), YIELD App can now…

The number of BTC held on exchanges crashed 20% in 12 months
Cryptocurrency exchanges

The number of BTC held on exchanges crashed 20% in 12 months

Data from on-chain crypto information aggregator Glassnode indicates the number of Bitcoin held on centralized exchanges has fallen by roughly 20% in 12 months. The data suggests investors are accumulating BTC and withdrawing them from exchanges into cold storage, creating a supply crunch. #Bitcoin Balance on Exchanges taking another dive pic.twitter.com/F20tohfXsu — William Clemente III…

Dogecoin Can Hit $1 With More Transactions – Mark Cuban
Cryptocurrency exchanges

Dogecoin Can Hit $1 With More Transactions – Mark Cuban

Previously, Mark Cuban was a major bitcoin and crypto critic. However, he recently changed his tune and now appears bullish especially on Dogecoin (DOGE). After just three days of accepting DOGE as a form of payment, the Dallas Mavericks owner Cuban is projecting the price of the crypto to eventually hit $1. In a March…

The number of BTC held on exchanges crashed 20% in 12 months
Cryptocurrency exchanges

The number of BTC held on exchanges crashed 20% in 12 months

The number of BTC held on exchanges crashed 20% in 12 months Long-term accumulation and the increasing popularity of DeFi yield protocols is siphoning Bitcoin away from centralized exchanges. With a background in economic history and writing, John specializes in writing about cryptocurrencies and blockchain technology.John is the Founder of CryptoNewsPipe.com and the Lead Editor.He…

George Ball Says Crypto Is Effective Hedge Against Currency Debasement as US Passes $1.9 Trillion Stimulus Bill
Crypto news

George Ball Says Crypto Is Effective Hedge Against Currency Debasement as US Passes $1.9 Trillion Stimulus Bill

The chairman of investment firm Sanders Morris Harris, George Ball, says cryptocurrencies are an effective hedge against currency debasement. In addition, he says that cryptocurrencies are attractive as a small part of portfolios. George Ball talked about bitcoin and other cryptocurrencies in an interview with Yahoo Finance last week. He described two main reasons why…

Peter Brandt Claims Bitcoin Will Continue to Trend Higher | Headlines | News
Bitcoin news

Peter Brandt Claims Bitcoin Will Continue to Trend Higher | Headlines | News

Peter Brandt Claims Bitcoin Will Continue to Trend Higher U.Today21 hours ago Published on March 07, 2021 09:52 GMT+0edited on March 07, 2021 10:01 GMT+0 In a recent tweet, legendary trader Peter Brandt opined that Bitcoin would “continue to trend higher” despite many analysts claiming that its rally is too overstretched.  His bullish case is…