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DeFi Exploits Continue to Plague Industry as Saddle Finance Hack Sees $10M Stolen

DeFi Exploits Continue to Plague Industry as Saddle Finance Hack Sees $10M Stolen

Saddle Finance, a decentralized finance protocol, has suffered a $10 million hack, according to blockchain security and data analytics company PeckShield. The exploit occurred in a group of transactions and took advantage of the wrong MetaSwapUtils library

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JPMorgan CEO Jamie Dimon Skeptical of Crypto but Says ‘Not All of It Is Bad’

JPMorgan CEO Jamie Dimon Skeptical of Crypto but Says ‘Not All of It Is Bad’

Jamie Dimon, the CEO of JPMorgan Chase, says that he does not particularly like crypto but will defend your right to invest in it. However, he sees benefits in some aspects of digital currency. JPMorgan’s

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Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours

Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours

The finance department of the U.S. state of Idaho has warned investors of a series of cryptocurrency scams promising returns as high as 80% every 24 hours with no risks to investors. Crypto scams promise

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Ripple Battle Rages On: SEC Makes New Attempt to Protect Hinman Emails

Ripple Battle Rages On: SEC Makes New Attempt to Protect Hinman Emails

The SEC has filed a new letter motion in an attempt to avoid submitting Hinman emails to the court In an ongoing legal battle by Ripple against the SEC, the latter has made another attempt

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Bill Regulating Crypto Mining Submitted to Russian Parliament

Bill Regulating Crypto Mining Submitted to Russian Parliament

A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digital currencies and envisages

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110,000 LUNA Bought by Top Whale as Terra Returns as Most-Purchased Asset by Whales

110,000 LUNA Bought by Top Whale as Terra Returns as Most-Purchased Asset by Whales

Terra (LUNA) is coming under the radar of the top 500 ETH whales WhalesStats reports that nearly 110,000 LUNA tokens have been purchased by a leading Ethereum whale, while Terra (LUNA) returns to the top

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Cardano Wallet About to Get Major Update, According to IOHK Weekly Development Activity: Details

Cardano Wallet About to Get Major Update, According to IOHK Weekly Development Activity: Details

Cardano's IOHK shares its weekly development update Cardano’s IOHK shares its weekly update on the development of a big pending Cardano wallet update, stating, “The Adrestia team has prepared a big update for the Cardano

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Cryptocurrency & Stocks Underperform! How Will MAY Month Be For the Crypto Industry

Cryptocurrency & Stocks Underperform! How Will MAY Month Be For the Crypto Industry

Just a day before the start of May, bitcoin has declined from its $40,000 mark hovering around $38,000 along with tracking losses in stocks. Even alternative cryptocurrencies or altcoins did not warp, causing traders concern.

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Coinmarketcap Calls XRP an Imposter Cryptocurrency, Enraging the Ripple Community

Coinmarketcap Calls XRP an Imposter Cryptocurrency, Enraging the Ripple Community

XRP has been in a gloomy April, with the price presently down 23.5 percent. XRP has declined in nine out of ten sessions to test support at $0.60, after briefly reaching resistance at $0.80 in

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Stringent Rules Could Turn Singapore Into a Global Crypto Hub, the MAS Says

Stringent Rules Could Turn Singapore Into a Global Crypto Hub, the MAS Says

Ravi Menon – the head of the Monetary Authority of Singapore (the country’s central bank) – said the nation’s crypto regulations will include a “stringent” licensing process. He believes strict rules could reshape the city-state

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