Crypto lending firm Celsius reportedly affected in BadgerDAO exploit

Crypto lending firm Celsius reportedly affected in BadgerDAO exploit

Cryptocurrency lending platform Celsius has reportedly lost over $50 million in the exploit of decentralized finance (DeFi) protocol BadgerDAO. As reported by Cointelegraph on Dec. 2, the attack targeted the protocol on the Ethereum network, reaping an unconfirmed $120 million in assets. According to one Redditor, the biggest alleged victim…

$7B investment firm recommends crypto to beat currency debasement

$7B investment firm recommends crypto to beat currency debasement

Contrarian investment firm, Horizon Kinetics, is advising investors to seek exposure to crypto assets amid mounting global economic challenges. Speaking to the Financial Times, Horizon’s co-founder Peter Doyle warned that the coronavirus pandemic and growing debt will usher an inflection point for the world economy, predicting: “There is no turning…

Here Are the Five Ethereum Tokens With Strongest Address Activity Right Now, According to Blockchain Analytics Firm Santiment

Blockchain analytics firm Santiment is identifying what it sees as the five Ethereum-based (ERC-20) assets that have recently shown continued strength in terms of address activity. Santiment filters out any low-volume coins and includes only the top 200 cryptocurrencies on CoinMarketCap.   The first coin on Santiment’s list is Small…

Fund management firm Global X files with the SEC for a Bitcoin ETF

Fund management firm Global X files with the SEC for a Bitcoin ETF

New York-headquartered fund manager Global X Digital Assets has filed an application for a Bitcoin (BTC) exchange-traded fund (ETF) with the United States Securities and Exchange Commission.  Filed on Wednesday, the application indicates that the proposed Global X Bitcoin Trust — a Delaware statutory trust formed in mid-July of this…

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