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DeFi News

DeFi Project ArmorFi Awards $1.5M Bounty for Bug Alert That Potentially Saved Its Reserves

Stanislav Shishkin -
ArmorFi's CTO has also offered to get a tattoo chosen by the ethical hacker who found the bug.
Bitcoin News

Australia’s Central Bank Says Bitcoin ‘Not Really Money,’ No Risk to Financial Stability

Stanislav Shishkin -
The Reserve Bank's assistant governor for financial systems, Michelle Bullock, said there is "a lot of fuss over bitcoin."
Bitcoin News

Twitter CEO Jack Dorsey Has Set up His Own Bitcoin Node

Stanislav Shishkin -
Dorsey will now have a hand in keeping the bitcoin network running.
Bitcoin News

Credit Card Companies Should Offer Stablecoin Payments or Be Left Behind: Gartner

Stanislav Shishkin -
Centralized payment firms like Visa, Mastercard and PayPal have an opportunity to offer innovative stablecoin payment networks, the research firm said.
Bitcoin News

Crypto Hedge Fund Founder Pleads Guilty to $90M Fraud

Stanislav Shishkin -
Virgil Capital founder Stefan Qin lied to investors and siphoned off millions to fund a lavish lifestyle.
Bitcoin News

Following GameStop, South Korea Financial Regulator Extends Ban on Short Sales

Stanislav Shishkin -
Caving to pressure from retail traders, South Korea's ban on short-selling has been extended through May 2021.
Bitcoin News

Yearn Finance DAI Vault ‘Has Suffered an Exploit’; Funds Lost Unclear

Stanislav Shishkin -
The amount taken is unclear but Yearn shows percentage losses for the DAI vault in the triple digits.
Altcoin News

TokenSoft to Trade Digital Securities on tZERO’s Retail Market

Stanislav Shishkin -
On the Overstock-owned platform, TokenSoft customers will be able issue security tokens that retail and accredited investors can trade.
Bitcoin News

Market Wrap: Bitcoin Drops to $36.3K as DeFi Jumps to $32B on Ether FOMO

Stanislav Shishkin -
The amount of crypto in USD values locked in decentralized finance has reached $32.8 billion, a new high.
Bitcoin News

What We Learned About PayPal’s Crypto Strategy This Week

Stanislav Shishkin -
Insights from PayPal’s first quarterly earnings report since launching crypto services.
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