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Binance smart chain got hacked for $600 million

Binance smart chain got hacked for $600 million

One of the biggest hacks in the crypto universe turned out not to be so big after all. Binance revealed Friday that unidentified hackers managed to exploit the company's BNB Chain crypto token, allowing them to mint 2 million of the company’s decentralized tokens worth a total

What are CBDC?

What are CBDC?

We all have seen in the past couple of years people on the news, on Twitter, and everywhere talking about CBDC and how their creation will either be a good addition to humanity or how it will be a virus from Satan. Let's get things straight CBDC stands

Top 5 Crypto Wallet for 2022-2023

Top 5 Crypto Wallet for 2022-2023

With cryptocurrencies becoming increasingly popular, many people may be looking to learn and get the best available information regarding the security of their crypto. Why would you need a crypto wallet? Especially now with inflation soaring pretty much everywhere a lot of regular people in heavily impacted countries like Turkey,

CPI and Fed meeting what this means for crypto?

CPI and Fed meeting what this means for crypto?

The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services(it basically measures inflation). This number is very important for investors in financial assets like crypto, stocks, or real states because it can

What is Defi?

What is Defi?

DeFi stands for "Decentralized Finance" it's a collection of financial products and services that are available for everyone on the internet, anyone who has access to blockchain technology and the internet. With DeFi everything is open with no authority to block or accept your transactions or

Bitcoin is set to experience a black swan event as MT.GOX trustee prepares to unlock 150000 BTC

Bitcoin is set to experience a black swan event as MT.GOX trustee prepares to unlock 150000 BTC

Background of the story Mt. Gox was one of the earliest cryptocurrency exchanges, and at some point represented more than 70% of all trades made within the blockchain ecosystem. Following a major hack in 2011, the site subsequently collapsed in 2014 due to alleged insolvency; the fallout affected about 24,

Ethereum 2.0 merge what YOU need to know

Ethereum 2.0 merge what YOU need to know

The long-awaited Ethereum merge also known as Eth2.0 has been announced to take place in Q3/Q4 2022 supposedly on the 19th of September. The Ethereum Merge is a network upgrade that will change Ethereum's current consensus mechanism from “proof of work” to “proof of stake.” Along