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Acala Stablecoin aUSD Crashes Following Parachain Exploit

Jeet Adhvaryu Aug 16, 2022
Hackers used a vulnerability in a freshly deployed liquidity pool to create 1.28 billion aUSD tokens, causing the native stablecoin of the Acala Network to crash to…

Do Kwon’s first interview after Terra’s $45 billion bankruptcy

Jeet Adhvaryu Aug 16, 2022
Do Kwon, CEO of Terraform Labs, a cryptocurrency ecosystem that lost $45 billion with the collapse of its stablecoin TerraUSD (UST) and native token Terra (LUNA),…

MicroStrategy’s CEO predicts that Bitcoin will surpass gold as a store of value

Jeet Adhvaryu Aug 16, 2022
This prediction was made in December 2017 by a crypto bull and departing MicroStrategy CEO Saylor. Now, eight months later: Saylor warned during a Saturday…

Oraichain Introduces Accelerator Program For DApps Building On Its AI Layer 1 Ecosystem

chainwire Aug 15, 2022
SINGAPORE, SINGAPORE, 15th August, 2022, ChainwireOraichain, the world’s first AI Layer 1 for Data Economy and Oracle Services, has announced the “Oraichain for…

Bitcoin reaches $25,000 as negative voices call the BTC price a “double-top”

Jeet Adhvaryu Aug 15, 2022
BTC surge over $25,000 is completely retraced as weekend trading generates typical volatility. Cointelegraph Markets Pro and TradingView data monitored a sharp…

EthereumPOW Team Disable ‘Difficulty Bomb’ Before Merge

Jeet Adhvaryu Aug 15, 2022
EthereumPOW hard fork developers said they had eliminated the so-called difficulty bomb. The impending merging of Ethereum will alter the blockchain's…

SHIB’s market capitalization increases by $1.5 billion in 24 hours as meme coin…

Michael Aug 15, 2022
After a severe price decline in 2022, interest in the meme cryptocurrency Shiba Inu (SHIB) is growing rapidly, with increasing capital inflow driving the token to…

Big Bull Rakesh Jhunjhunwala, who had an estimated net worth of $5.8 billion, died aged 62

Michael Aug 14, 2022
Rakesh Jhunjhunwala, a renowned Indian investor and founder of the investment firm Rare Enterprises, has passed away this morning in Mumbai. He was 62 years old. …

A Doctor Paid Hitmen $60,000 in Bitcoin to Kidnap His Wife

Jeet Adhvaryu Aug 14, 2022
Dr. Ronald Craig Ilg will serve up to eight years in jail because he paid $60K in BTC to assassins his former colleague and abduct his wife. Ronald Craig Ilg …

ED Seizes Assets Worth $46 Million From Crypto Exchange Vauld

Michael Aug 14, 2022
On Thursday, it was reported that the Indian Enforcement Directorate (ED) froze Rs 370 crore (about $46 million) in bank assets belonging to the insolvent…
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