Analysts: Here's why investors shouldn’t buy Coinbase at a $100 billion valuation Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest A report published by market research firm New Constructs cautioned investors from piling into Coinbase’s iconic public listing at a ‘ridiculously high’ valuation. Coinbase and $100 billion … [Read more...] about Here’s why investors shouldn’t buy Coinbase at a $100 billion valuation
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This DEX is bringing DeFi to the $90 billion Cosmos (ATOM) ecosystem
Decentralized exchange Gravity DEX will hold a testnet competition for its Cosmos-based protocol, it said in a release yesterday.It is the first interchain decentralized exchange created for the Cosmos and will connect any protocol connected to the Cosmos ‘Hub’—the first of the many interconnected blockchains that will eventually comprise the Cosmos ‘Network.’🌌 Announcing the … [Read more...] about This DEX is bringing DeFi to the $90 billion Cosmos (ATOM) ecosystem
Crypto market’s slump wipes $1.4 billion off the trading board
Around $1.4 billion worth of trading positions got liquidated today as the crypto market dove into the red zone, according to crypto metrics platform ByBt.Earlier today, the price of Bitcoin dipped from $58,660 in the morning to as low as $55,990, dragging most cryptocurrencies alongside.“$946.71M worth of longs liquidated in the past four hours,” ByBt tweeted earlier.$946.71M … [Read more...] about Crypto market’s slump wipes $1.4 billion off the trading board
After breaking $100 billion TVL, DeFi is now the equivalent of a top 40 U.S. bank
According to decentralized finance (DeFi) ecosystem tracker DeFiLlama, early this morning the DeFi ecosystem breached $100 billion in total value locked for the first time — rising 7% from $94.7 billion yesterday to $101.33 billion at the time of publication.Aside from the psychologically significant 9th digit, the figure is notable both for the speed with which it was attained … [Read more...] about After breaking $100 billion TVL, DeFi is now the equivalent of a top 40 U.S. bank
Half a billion people just had their Facebook data leaked
According to a security analyst, sensitive personal information for over half a billion Facebook users was leaked on a well-trafficked hacking forum earlier today — a potential risk to millions of cryptocurrency traders and hodlers who now may be vulnerable to sim swapping and other identity-based attacks. The trove of information was first discovered by Alon Gal, CTO of … [Read more...] about Half a billion people just had their Facebook data leaked