• bitcoin price Cardano dollar
    Alt coins,  Bitcoin,  Markets Report

    Markets Report: Bitcoin retakes all-time high as BNY Mellon embraces crypto

    Bitcoin sees a boost to new all-time highs thanks to BNY Mellon, but the risk of a “parabolic breakdown” remains, warns one analyst; Cardano pushes closer to $1

    Having hit upwards of $48,000 on Monday thanks to Tesla’s $1.5 billion buy-in, Bitcoin saw sellers line up closer to the psychologically significant $50,000 barrier. Thereafter ensued a consolidation period which briefly saw a return to near $43,000 in the past 24 hours.

  • Altcoins dominate trading
    Alt coins,  Bitcoin,  People

    Altcoins seize the spotlight: BTC takes a tumble, ETH slides

    Starved of attention from its biggest backer in recent days, Dogecoin enjoyed a surge on Wednesday when Elon Musk declared he had bought DOGE for his son. But Cardano ruled the day

    As bitcoin nursed a 3.5% loss and struggled to stay above $45,000, with Ether flat at $1,735, the real gains were to be seen in altcoins with a smaller market cap. Most notably, it was an impressive day for Cardano

  • $13M lost in yearn.finance exploit
    Alt coins

    More than $11M lost in yearn.finance exploit, with YFI token plummeting

    The YFI governance token fell sharply from $34,700 to the low $30,000s, as the protocol’s users wonder whether they will be compensated

    “Banteg”—a core developer on the DeFi protocol whose Twitter bio says they are “ahead of the curve”—confirmed that the vault ended up losing $11 million. He went on to sow confusion by saying that deposits had been disabled while an investigation took place… and later confirmed that this isn’t possible given how the ecosystem is decentralized.