Generative Data Intelligence

Tag: bZX

As Ether Price Drop Pressures DeFi, Developers Remain Confident in its Success

Thursday’s market meltdown left MakerDAO (MKR) with a $5 million hole that the project is now scrambling to fill. As this is just...

MakerDAO Aftermath: Man Suffers Cruel 1713 ETH ($229K) CDP Liquidation

March 12, no doubt has gone into the crypto record books as “Black Thursday” and the day of the “Bitcoin (price) halving”...

DeFi Project Backed by Polychain and DragonFly Capital Shuts Down

Decentralized finance project Paradigm Labs — backed by veteran crypto investors Polychain Capital, Dragonfly Capital, and Chapter One Ventures — is shutting down.In...

After A High-Profile Hack, bZx Announces Its Way Forward

The company that almost broke DeFi is asking for a new beginning.When the decentralized lending protocol bZx was hacked to the tune of...

DeFi can be a Powerful Tool to Make Money in a Bear Market

Current cryptocurrency market circumstances force most traders to enter short positions. It now appears that using DeFi solutions can be rather lucrative...

Why a Top Analyst Thinks Ethereum Bulls Will Be on Hiatus in March

Ethereum, despite what you may think, did not see a positive 2019. The second-largest cryptocurrency by market capitalization registered a slightly negative performance in...

Microsoft Edge crypto upgrades introduced to counter malicious mining

Microsoft Edge crypto upgrades have been introduced to make the browser secure against illicit mining attacks. As cryptocurrency hacking incidences rise, more...

Multiple Bitcoin ETF Rejections is Actually Healthy for Bitcoin. Here’s Why

 The wait for the first bitcoin exchange-traded fund (Bitcoin ETF) on a U.S stock exchange continues… It can be recalled that the SEC...

Bitcoin News Summary – February 24, 2020

The post Bitcoin News Summary – February 24, 2020 appeared first on 99 Bitcoins.

 Decentralized loan service, bZx, was hacked second time following a previous incident on Valentine’s Day, for a combined total of 3,581 ETH (currently worth nearly a million Dollars). The hacker took out loans then manipulated the price of the underlying cryptos in order to pay back less than they borrowed. Chinese crypto exchange, FCoin, [...]

Report: FCoin’s Total Loss of $130M in BTC Was a Cruel Slow Death

For what is not the first time, the cryptocurrency industry is preparing for the funeral of yet another centralized crypto exchange.  The founder...

DeFi Protocol bZX Gets Abused Once Again

As if one attack against a DeFi protocol is not enough, bZX keeps generating headlines. The protocol has been “abused” for the...

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