October 27, 2021

Cream Finance Hacked for $130 Million In Another Flash Loan Attack

Decentralized lending protocol Cream Finance has suffered a flash loan attack, losing over $130 million worth of various crypto assets. This was the third successful hack against the popular DeFi project in the past year. Cream Finance has confirmed it suffered an exploit this Wednesday through a flash loan attack, compromising mostly Cream LP tokens...
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Shiba Inu Just Flipped DOGE ! What’s Next For SHIB Price ?

Advertisement While the entire crypto market dreads in a red and bloody market, Shiba Inu has pulled off to reach a new all time high yet again. SHIB rockets 39.4% makes it to the top 10 coins beating the OG canine coin Doge. After surviving a recent flash crash and reaching new all-time highs, Shiba...
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Is Direxion’s Short Bitcoin Futures Product A Daring Move?

US ETF issuers are looking for new ways to capture the attention of institutions a week after the watershed launch of Bitcoin ETF. Direxion, for one, is offering an ETF that shorts crypto futures. October 19th was a monumental day for the entire cryptocurrency industry. Right after ProShares’ Bitcoin ETF welcomed impressive volume on the...
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Forint Finance: Making Cryptocurrency More Accessible Globally

[Featured Content] Just like cryptocurrency prices, adoption is also on the rise. But is cryptocurrency accessible to everyone in the world? Perhaps not. While most coins are designed to be freely accessible by anyone worldwide, they are still not because of the various safety concerns and regulations around buying and selling crypto that worry people...
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Launch Platform CoinList Now Valued at $1.5 Billion Following $100 Million Fundraiser

Crypto exchange and token listing platform CoinList has recently announced the completion of its Series A funding round, which raised $100 million from industry investors. In an official blog post, CoinList noted that the funds will be geared toward scaling its services and operations and supporting its global community of early adopters. A $1.5B Market...
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Over $900 Million Liquidated Today as Market Cap Loses $150 Billion

The cryptocurrency market took a hit today as its capitalization lost around $150 billion in the past few hours. This also saw a little over $900 million worth of long and short positions liquidated. As we reported earlier today, bitcoin’s price tumbled below $60K and tested the support found at $58.3K. This sent the entire...
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The Top Secret Behind The Upcoming Ethereum Price’s Bull Cycles!

The entire crypto space has seen extreme volatility since the start of the week. The global market cap slips to $2.46 trillion with 6.42% negative gains round the clock. The market leaders Bitcoin and Ethereum seem to have run out of gas as the coins undergo a correction. Besides, meme coin SHIB Price loomed as...
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Coinbase Stock Remains Unfazed Despite Citi’s Bullish Calls

Coinbase stock [COIN] has largely mimicked the price action of the broader cryptocurrency market recently. But the powerful rally may have come to a halt. The shares took a beating and depreciated by 1.45% at $320.82 on Tuesday afternoon trading. This came hours after the multinational investment bank Citi provided a very bullish price target...
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After Raising $8.5M from Private Investors, Portal Announces Republic Offering

[PRESS RELEASE – San Francisco, United States, 27th October 2021] Portal, a self-hosted wallet and true cross-chain Layer 2 DEX built on Bitcoin, is delighted to announce its public equity sale through Republic.co, a multi-asset investment platform that allows anyone to invest in vetted, private startups. The public sale will take place mid-November. Portal is...
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Adobe and Rarible Partner to Enhance NFT Content Attribution

Adobe – a multinational computer software company – recently partnered with NFT marketplace “Rarible” to support digital provenance. They are kickstarting Adobe’s beta of its new “Content Credentials” feature, which helps to verify and protect digital content metadata. Verifying NFT Ownership Rarible announced the new feature in a blog post on its site earlier this...
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Robinhood Cryptocurrency Transaction Revenue Slides Nearly 80% in Q3

The millennial-focused Robinhood trading company has posted its third-quarter revenue report on Oct. 26, and things are not looking pretty on the crypto front. The firm stated that digital asset activity declined from record highs in the previous quarter, leading to considerably fewer new funded accounts. This has resulted in lower revenue in the third...
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Bitcoin (BTC) $ 98,658.43 4.94%
Ethereum (ETH) $ 3,369.29 9.80%
Tether (USDT) $ 1.00 0.17%
Solana (SOL) $ 256.00 8.31%
BNB (BNB) $ 623.85 2.62%
XRP (XRP) $ 1.20 8.46%
Dogecoin (DOGE) $ 0.386192 1.88%
USDC (USDC) $ 1.00 0.11%
Lido Staked Ether (STETH) $ 3,364.00 9.66%
Cardano (ADA) $ 0.814531 1.00%