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Price Manipulation Attack Exposes Zunami Protocol To $2.1M Loss
Monday, August 14, 2023 - 12:58pm | 513Zunami Protocol, a decentralized finance platform, issued a warning to its users against purchasing its Zunami Ether (CRYPTO: zETH) or Zunami USD (CRYPTO: UZD) stablecoins. This came in the wake of a security breach on its "zStables" pools hosted on Curve Finance. On Aug. ...
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DeFi Token Soars 12% As Market Turmoil Spurs Decentralized Stablecoin Demand
Tuesday, February 14, 2023 - 3:52am | 323Curve (CRYPTO: CRV) soared 12% in the last 24 hours, following news that the Securities and Exchange Commission plans to sue Paxos Trust Co. for issuing Binance USD (CRYPTO: BUSD). What Happened: At the time of writing, Curve was trading at $1.04. The rally in CRV’s price can be...
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Mango Market Hacker Loses Millions As Curve Price Manipulation Attempt on Aave Backfires
Wednesday, November 23, 2022 - 2:22am | 426A crypto trader who bragged last month about making off with over $100 million in a Mango Market price manipulation scheme appears to have lost millions on an identical attempt that backfired early Tuesday. What Happened: According to on-chain data, Avraham Eisenberg, the man behind October’s...
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BlockFi's Credit Card Customers Are Up For Grabs, And Curve Is Determined To Get Them
Monday, November 14, 2022 - 1:58am | 369Curve, a payments firm, is in talks to acquire cryptocurrency lender BlockFi's 87,000 credit card customers, whose credit cards were frozen on Nov. 11. What Happened: According to a Curve spokesperson, negotiations between the two companies started on Nov. 12 and are still taking place. ...
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Fintech Focus For April 21, 2021
Tuesday, April 20, 2021 - 8:53pm | 2737Quote To Start The Day: In order to be irreplaceable one must always be different. Source: Coco Chanel One Big Thing In Fintech: The rise of fintech innovation and demand for online banking tools amid the pandemic has propelled Latin America to undergo a digital transformation. Large banks in the...
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Fintech Focus For January 6, 2021
Tuesday, January 5, 2021 - 10:16pm | 1927Quote To Start The Day: If you think you can do a thing or think you can’t do a thing, you’re right. Source: Henry Ford One Big Thing In Fintech: Affirm founder and CEO Max Levchin is poised to join Elon Musk, Peter Thiel and Reid Hoffman on the billionaires list, becoming the latest...
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Fintech Focus For October 20, 2020
Monday, October 19, 2020 - 7:03pm | 1774Quote Of The Day: Life is trying things to see if they work. - Ray Bradbury Fintech Movers: Dozens of brokerage log-ins are for sale on the dark web with portfolios ranging in the low thousands to a half million dollars. - CNBC Troutwood intros app for stock investment. Acorns helping unemployed...
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Fintech Focus For September 11, 2020
Thursday, September 10, 2020 - 6:31pm | 2385Quote Of The Day: I find that the harder I work, the more luck I seem to have. - Thomas Jefferson Fintech Movers: There is a great industry need for automated corporate actions solutions, according to a survey by SIX conducted among leading global asset managers, wealth managers, custodians,...
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Fintech Focus For August 19, 2020
Tuesday, August 18, 2020 - 5:39pm | 1972Quote Of The Day: Central bank independence? Gone. - Ben Melkman Fintech Movers: Despite all the talk surrounding digital transformation and the changes that coronavirus has spurred on, not all traditional banks have achieved full digital transformation. - Banking Dive Wealth Builders taps...
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Fintech Focus For July 30, 2020
Thursday, July 30, 2020 - 8:06pm | 1944Daily Perspective: Not all those who wander are lost. - J.R.R. Tolkein Fintech Movers: Investors and entrepreneurs say that while the COVID-19 pandemic has boosted demand for fintechs in areas such as digital payments and online trading, it has hurt more vulnerable sectors such as online lending....