blockchain
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Hackers Exploit a DeFi Project to Mint 4 Quadrillion Crypto Tokens
Just how far will hackers go to eek out a profit from a crypto entity? In one DeFi projects’ case, those looking to exploit found they could make a pretty penny by simply telling the system to mint a quadrillion crypto tokens.
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Bank of America Downgrades Coinbase Amid FTX Train Wreck, Citing ‘Contagion Risk’
Things continue to look bad for the blockchain. Bank of America (BofA) analysts have downgraded Coinbase’s stock, citing the “fallout from the FTX collapse.” The bank moved Coinbase shares to “neutral” from “buy,” in a Friday note to the bank’s investment clients, according to multiple financial outlets. BofA also shifted the stock’s projected target value…
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Binance Might Not Buy FTX After All
Somehow, things might be even worse than they first appeared at the crashing cryptocurrency exchange FTX. The blockchain firm, which up until very recently had been ranked as the third largest crypto platform, announced Tuesday that it was being acquired by rival exchange Binance. Now, a report from Coin Desk indicates that deal may fall…
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Instant Message App Telegram Plans to Let Users Auction Off Usernames for Crypto
How much is your digital identity worth to you, or at least, how much is it worth in crypto? Well thanks to instant messaging app Telegram, you can soon find out. Telegram has plans to let users hang their digital identifier up on a public marketplace to see whether other folks think your name is…