White Hat Hacker Receives $1.05 Million For Identifying Bug
Hacking attacks or attempts in the DeFi space have been on the rise this year. However, white hat hackers have stepped in attempting to help eliminate potentially nasty situations. Recently, the largest bounty to have ever been paid to a white
SEC Chair Advocates For Crypto to Exist Within Public Policies
The Chief of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has stated that digital assets cannot exist outside the public policy framework. According to Gensler, the finance sector is all about trust and for this reason, crypto assets need
Grayscale’s Bitcoin Trust Rises To $38 Billion
https://twitter.com/Grayscale/status/1377000118298275846 Grayscale has announced that they are now managing Bitcoin worth more than $38 Billion. As of March 30, the firm had digital assets worth more than $45.2 Billion under their management. It was only in December we reported that Grayscale had
Israeli Pension Giant Makes Huge Gains From Bitcoin Investment
According to reports, Israeli asset manager Altshuler Shaham has doubled its $100 Million Bitcoin investment made through Grayscale Bitcoin Trust. The investment house is regarded as one of the largest in Israel and this recent development shows increased institutional interests in
FCA Warns About Crypto Investment Risks
The United Kingdom’s financial watchdog, the Financial Conduct Authority (FCA) has warned cryptocurrency holders and investors about the potential risks in the market. The FCA said investors in the market should be prepared to lose a major chunk of their investments
Grayscale Increases Its Bitcoin and Ethereum Holdings
Learn About Crypto The biggest cryptocurrency asset management company Grayscale has accumulated more Ethereum as institutional clients increase their interests in the industry. Apart from the accumulation of Etherem, the company also gathered 14,000 Bitcoin within the same period. Any entity in
Bitcoin Becoming Leading Investment Hedge
It's no shocker that right now the state of our economy is questionable at best. A volatile stock market, record jobless claims and a seemingly unending pandemic have been major concerns for almost everybody this year. All of this worsened
Yearn.Finance Founder Launches New DeFi Protocol
Founder of Yearn.Finance, Andre Cronje, has announced the launch of an upcoming DeFi platform that allows different DeFi services on one service. “Deriswap allows for a consolidated, capital-efficient market for trading, Options, Futures, and Loans,” he said. When contacted for more information
Grayscale Hits $10 Billion in Assets Under Management
According to a recent post, cryptocurrency hedge fund Grayscale Investment now holds Bitcoin worth about $10 Billion. The report reveals that the major hedge fund has more than 500,000 Bitcoin in its fund. This is little surprise for anyone in the
US Currency Comptroller Says DeFi Will Be Unstoppable Force
Buy, Sell & Trade Crypto in U.S. DeFi and crypto assets have seen increased adoption over the past few years. Many notable names and institutions are now adjusting to the impact of crypto assets in the entire financial market. This is certainly