Rep. George Santos (R-NY) tried to broker a cryptocurrency transaction with a political donor while running for Congress in 2020, according to a New York Times report. In the previously unreported incident, Santos teamed up with Republican supporters to pitch a complex cryptocurrency investment scheme to a loyal donor during his first unsuccessful House bid. Santos and three associates claimed…
Several decentralized finance protocols were hit on Sunday by attackers who stole more than $24 million worth of crypto. The attackers leveraged a vulnerability in liquidity pools on Curve, the automated market maker platform. The vulnerability was traced back to Vyper, an alternative, third-party programming language for Ethereum smart contracts, according to Curve on Twitter. Curve said other liquidity pools…
Illustration by Mitchell Preffer for Decrypt It was another underwhelming week for crypto markets as they appeared to cautiously price in the effects of yet another interest rate hike by the Federal Reserve on Wednesday. While this change was only 25 basis points, U.S. interest rates are now the highest they’ve been in 22 years. Over on Twitter—or should we…
Several stable pools on Curve Finance using Vyper were exploited on July 30. Source: https://cointelegraph.com/public/index.php/news/curve-finance-pools-exploited-over-24-reentrancy-vulnerability
Federal prosecutors have submitted a motion seeking to revoke the $250 million bond granted to Sam Bankman-Fried, alleging the founder of the now-bankrupt FTX cryptocurrency exchange engaged in new attempts to tamper with government witnesses while out on pretrial release. In a 12-page letter submitted to Judge Lewis Kaplan on Thursday, prosecutors accused Bankman-Fried of leaking “personal and raw” diary…
Several stable pools on Curve Finance using Vyper were exploited on July 30, with losses reaching $24 million at the time of writing. According to Vyper, versions 0.2.15, 0.2.16 and 0.3.0 are vulnerable to malfunctioning reentrancy locks. “The investigation is ongoing but any project relying on these versions should immediately reach out to us,” Vyper wrote on X. We’re running…
Bitcoin (BTC) has been stuck in a narrow range for the past several days. A minor positive is that the range has formed near the recent local high. This suggests that the bulls are not rushing to the exit as they anticipate another leg higher. Bitcoin’s consolidation has pulled its market dominance to 48% from over 50% on June 30.…
BTC price action is “slower than ever” this weekend, but Bitcoin market participants are keenly waiting for a monthly MACD cross to confirm. Source: https://tr.cointelegraph.com/news/bitcoin-bull-flag-repeat-btc-price-freezes
Galaxy Digital’s founder Mike Novogratz shared what an ideal investment portfolio would look like for a young and high-risk tolerance investor during an interview with Bloomberg Wealth, saying that he’d invest in the Chinese giant Alibaba, silver, gold, Bitcoin (BTC), and Ethereum (ETH). “If they were young and had a high-risk tolerance, I’d be buying Alibaba stock. I’d be buying…
Bitcoin (BTC) further reduced volatility ahead of the July 30 weekly close as traders eyed an exciting long-term bull signal. BTC/USD 1-hour chart. Source: TradingView BTC price makes weekend “slower than ever” Data from Cointelegraph Markets Pro and TradingView followed sideways BTC price action over the weekend, with BTC/USD sticking in a tiny $150 range. #Bitcoin Trading within a $10…
