“YouTube’s King” PewDiePie briefly mentioned Ethereum in a recent video
While he’s not an outspoken advocate for cryptocurrency, Felix Arvid Ulf Kjellberg, known online as “PewDiePie,” has been increasingly been getting involved in the space, often through sponsorships.This much was made clear just recently when he briefly mentioned Ethereum in a YouTube video that...
How $150m in Ethereum & DAI was used to steal $7m from a Yearn.finance competitor
It may seem like a broken record at this point but yet another decentralized finance (DeFi) protocol was recently exploited.And, once again, the exploit took place on a competitor of Yearn.finance (YFI).Here’s more about what happened, and what DeFi users can do to prevent...
Wall Street veteran Michael Novogratz held over 30,000 Bitcoin and 500,000 Ethereum at one point
Ever wondered how much cryptocurrency Wall Street veteran Mike Novogratz owns (or at least owned)?In a recent podcast, he recently answered this question and also revealed his thoughts about the Bitcoin and broader crypto market.How much Bitcoin and Ethereum did Mike Novogratz buy?Mike Novogratz...
Bullish for ETH: The balance of Ethereum on exchanges just hit a multi-year low
Despite Ethereum being the backbone for the rapidly growing decentralized finance ecosystem, the cryptocurrency has been severely underperforming Bitcoin throughout the past few weeks.This underperformance comes as its price remains below its 2020 highs, while BTC is trading at the highest levels seen in...
Another day, another hack: $2m in DAI drained from Ethereum DeFi app Akropolis
With billions of dollars on the line, it is no surprise that the decentralized finance (DeFi) space has been rife with hacks and exploits on innocent contracts.To name one of the many recent exploits of DeFi contracts, Harvest Finance was hacked for $25-33 million...
$1 billion worth of Ethereum is about to be released into the DeFi market
In a few days’ time, on Nov. 17, Uniswap’s first yield farming opportunity will end.When the project’s governance token released in September, a yield farming opportunity was launched that allowed users to earn UNI by depositing liquidity into the decentralized exchange. This rapidly became...
ySqueeze: the effort that helped to drive Yearn.finance (YFI) 140% higher in 36 hours
Prior to today, Yearn.finance (YFI) was one of the worst-performing cryptocurrencies of the past two months.To read the rest of this article, join CryptoSlate Edge. Have an account? Sign In.
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Ethereum DeFi prints massive recovery 10-30% after capitulation amongst investors
On Wednesday and Thursday, there was a clear sense of capitulation amongst investors in top Ethereum DeFi tokens.CryptoSlate market data shows that then, top coins pertaining to this space were plunging lower by dozens of percent without any relief. Yearn.finance (YFI) fell over 20...
Ethereum 2.0 deposit contract gains $17m in cryptocurrency in just 40 hours
There were some concerns shared in October that Ethereum 2.0 (a.k.a . ETH2 or Serenity) would not launch in 2020.Ethereum Foundation researcher Danny Ryan said in a podcast interview with Bankless that he thought a security audit would push back the launch of the...
$5M staked in eight hours as community cautiously backs ETH 2.0
The long-awaited deposit contract for Ethereum 2.0 has finally been deployed, opening the doors to staking opportunities for ETH holders.
Deposits began in earnest, with over $1 million in ETH landing in the contract within the first half hour, according to observer The Crypto Cactus.
“$1,000,000...
