The hacker managed to steal $6.2 million worth of BUSD, the Binance native USD-pegged stablecoin converted to ETH via 1inch DEX and partially withdrawn from Binance Smart Chain onto Ethereum. This hack was comparatively benign: only $6.2 million was stolen from Belt Finance’s massive $2.6 billion total value locked (TVL). The beltBUSD vault uses four...Read More
This allows users to create trustless atomic swaps between the two cryptocurrencies without having to route through a centralized exchange service. Monero’s Privacy Mechanisms Monero’s ring signature system draws anonymity from a minimum ring size. Receivers are protected via stealth addresses, and funds within the ring are indistinguishable from each other. The minimum ring size...Read More
Cryptocurrency-focused hedge funds have increased their assets under management by nearly 100% in 2020 compared to the previous year, estimated a recent report compiled by PwC. On average, the funds returned more than 120% in 2020, while the percentage was just 30% in 2019. Growing Involvement of Crypto Hedge Funds In their third annual Global...Read More
