A DeFi project that launched on Thursday had raised $60 million overnight during its token sale. However, the funds seem to have disappeared, and no one is sure exactly how. On Friday, investors woke up to the shocking news that their funds had disappeared. Around 13,556.36 ETH, which was worth $60 million at the time,…
Ethereum is the second-largest cryptocurrency after Bitcoin. Although the majority of crypto transactions are legitimate, many are also fraudulent. Criminals take advantage of the anonymous and international nature of digital currencies. These crimes often include Money Laundering, Terrorism, Tax Fraud, and Drug Trafficking. Security continues to remain a heavily debated topic in the crypto space.…
The growth of USDC in 2021 is more tremendous than that of Tether. The Ethereum-based USDC stablecoin is gaining immense traction as the experts deem it as the most dominant asset. In coming weeks it is very likely USDT’s share of the stablecoin supply on Ethereum will fall below 50% for the first time. USDC…
This year’s crypto rout has been more painful for some than others. Ethereum has been one of the heavy sufferers, affected by fundamentals beyond just a bearish market. Ethereum’s Ups and Downs Several factors have driven Ethereum prices into the ground this year. Firstly is the ever present threat of US Securities and Exchange Commission…