“It turns out that it’s currently easier to borrow and lend with WBTC than BTC since users can interact with DeFi lending protocols like Compound, Aave, and Maker to lend their WBTC and borrow USDC, dai, or other assets against it,” Joe Keefer, a trader at Grapefruit Trading, one of the biggest WBTC merchants, told CoinDesk on Telegram. “There are also many opportunities to use … [Read more...] about Wrapped Bitcoin’s Supply Has More Than Doubled, but the BadgerDAO Hack Exposed Risks of Moving Bitcoin to Ethereum
Exposed
Crypto’s dark underbelly exposed in ransomware attack, U.S. senator says
United States lawmakers have deliberated on the prospect of banning cryptocurrencies as a solution to the ransomware attacks that befell U.S. institutions in the past month, and opinions appear to be mixed.The largest fuel pipeline in America was brought to a halt in early May when hackers infected the computer networks of Colonial Pipeline. Food packing company JBS was hit … [Read more...] about Crypto’s dark underbelly exposed in ransomware attack, U.S. senator says