While the U.S. Federal Reserve ramped up the benchmark bank rate with a barrage of rate hikes, U.S. Treasury markets and global bond markets, in general, have seen one of the worst selloffs in over a decade. The Fed’s actions has fueled criticism toward the U.S. central bank as some strategists believe the onslaught of […]

On Monday, the Polygon-based decentralized change (dex) Quickswap misplaced $220K in a flash mortgage exploit and following the assault, the staff detailed the Quickswap Lend platform shall be terminated. Quickswap Hacked for $220K, Dex Project Sunsets Lending Platform 2022 has been fairly the yr for decentralized finance (defi) hacks as billions have been stolen as […]

The post Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit – Defi Bitcoin News appeared first on Bitcoin Upload.

Economist and gold bug Peter Schiff has warned that the United States Federal Reserve’s actions to rein in inflation could lead to a “massive financial crisis” or flight away from the dollar on a global scale. Meanwhile, Joe Biden says the economy is “strong as hell,” and Bank of America and JP Morgan also say […]

Tesla and Spacex CEO Elon Musk expects a global recession to last until the spring of 2024. Musk added that his two companies are in good positions but many others are not. “Recessions do have a silver lining in that companies that shouldn’t exist stop existing,” the Tesla boss said. Elon Musk on Global Recession…

The post Tesla CEO Elon Musk Says Recession Could Last Until Spring 2024 appeared first on Bitcoin News Miner.

On Friday, October 21, a malicious entity siphoned 30,437 OHMRead More

On Friday, October 21, a malicious entity siphoned 30,437 OHM tokens from the Olympus DAO after finding a loophole in the rebase project’s smart contract. Following the exploit, the blockchain security and data analytics company, Peckshield, detailed the hackers stole close to $300K in OHM tokens. Hacker Exploits Smart Contract’s ‘BondFixedExpiryTeller’ Parameter, $292,000 in OHM […]

According to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are predicting another rise by three-quarters of a point, and CME’s Fedwatch Tool indicates there’s a near-certain (98%) chance the central bank will choose a […]

JPMorgan Chase CEO Jamie Dimon mentioned in a U.S. congressional listening to that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” He instructed lawmakers:...

Some people feel they are already living in the metaverse, given how much time they spend staring at screens and interacting with other humans...

<!-- --> Notorious crypto critic JPMorgan is showing further support for cryptocurrencies as a legitimate asset class with a recent note...