Bank of Korea Seeking Technology to Develop Digital Currency
South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to develop a test environment for the project. The news comes after major commercial banks expressed skepticism over their cooperation with domestic cryptocurrency exchanges. Central Bank of Korea to Launch Pilot Platform for CBDC The tech supplier will be chosen through an open bidding...
USDC Attestations Run Late, Raising Alarms in the Crypto Community
USDC, the second most popular stablecoin in the cryptocurrency market, is late in releasing its attestations, which are documents that certify the number of dollars the custodian Centre holds in banks. The last attestation available for the currency dates back to February when the currency had a market cap of nine billion dollars. This fact and the sudden growth the cryptocurrency experienced in the last few months is raising alarms...
Nobel Prize-Winning Economist Robert Shiller Mulls Over Getting Active in the Bitcoin Market
Nobel laureate and professor at Yale University, Robert Shiller, is tempted by the crypto market. He is mulling over investing in cryptocurrency to experience the market. “I never bought bitcoin. Maybe I should be active in that market,” he said. Yale Professor and Nobel Prize Winner Mulls Over Getting Into Crypto Nobel laureate Robert Shiller talked about cryptocurrency in an interview with CNBC, published Sunday. Shiller won The...
Ray Dalio Buys Bitcoin Despite Saying Governments May Ban Cryptocurrencies
Bridgewater Associates founder Ray Dalio has revealed that he owns bitcoin despite concerns he has long voiced about governments interfering and even outlawing cryptocurrencies. The boss of the world’s largest hedge fund said “bitcoin’s greatest risk is its success.” Ray Dalio Got Bitcoin Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has revealed that he owns bitcoin. In an interview at the...
Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million
There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming platform Pancakebunny lost close to $3 million in a flash loan attack according to reports. The following Sunday, Bogged Finance saw $3 million exploited from a flash loan attack. Pancakebunny Gets Hit by a Flash Loan Attack – $3 Million...
