DeFi Protocol Era Lend Hacked for $3.4M in Read-Only Reentrancy Attack
Lending app Era Lend on zkSync has been exploited for $3.4 million worth of crypto, according to a July 25…
Author: Sean Williams
I'm your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto - from investment risks to earth-shaking potential. Let's explore!
From Gold to Oil: Delving into Commodities Investment – Opportunities and Pitfalls
Commodities have been a fundamental part of trade and commerce for centuries. In recent times, they have gained significant popularity…
FTX’s Memo Reveals “Dystopian” Plans to Purchase Island Nation as “Safe Haven”
According to a July 20 filing in FTX’s bankruptcy case, members of the company allegedly planned to purchase a small…
DeFi Platform Conic Finance Drained of $3.2 Million in Security Attack
Conic Finance, a Curve omnipool platform, has been hacked for $3.26 million in Ether (ETH). The hack was first reported…
What is a DAO Token and How Does It Work?
A DAO token is a digital asset that represents ownership in a decentralized autonomous organization (DAO). DAOs are organizations that…
Stellar Lumens: A Fast, Affordable, and Secure Way to Send Money Around the World
What is Stellar Lumens? Stellar Lumens (XLM) is a decentralized open-source protocol for digital currency to fiat money low-cost transfers…
Fed’s July Meeting: Will the FOMC Raise Rates Enough to Quell Inflation?
The Federal Open Market Committee (FOMC) is scheduled to meet on July 26-27, 2023. The primary focus of the meeting…
5 Best Crypto Lending Platforms in 2023
Crypto lending is a process where you transfer your cryptocurrencies to a borrower through a lending platform and receive regular…
What Does Ark Invest’s Sale of Coinbase Shares Mean for the Company?
Cathie Wood’s Ark Invest has sold more Coinbase shares worth over $50 million, according to a recent filing with the…
JPMorgan: Ripple’s XRP Ruling Narrows Downside Risk for Coinbase
In a recent research note, JPMorgan analysts said that the U.S. court ruling in favor of Ripple in its lawsuit…