1minRead

1minRead

Quick facts, news, and updates. One Minute Read.


DeFi Protocol Opyn hacked. More than $370,000 stolen from the smart contract.

5 Aug 2020 1 minute read 0 comments lioha369

Around 4 AM PT today Defi Protocol Opyn was hacked by means of a double-spend attack. This protocol offers options for ETH, DeFi tokens, and insurance on Compound deposits. The hacker found an exploit in Opyn protocol's options tokens (oTokens) and u...

Bitcoin dropped $ 1,450 in five minutes. The reason behind the sharp decline in the price of the cryptocurrency.

3 Aug 2020 1 minute read 0 comments lioha369

  Bitcoin is entering a new business week at around $ 11,200. This is a slight difference from the previous seven days, but the crypto world is actively discussing what happened the day before, on Sunday, August 2. The fact is that the cryptocurrency...

Morning Digest

29 Jul 2020 1 minute read 0 comments lioha369

  The inflow of assets on exchanges indicates a possible continuation of the Bitcoin rallyAlong with the rise in the exchange rate, traders became more active, who began to bring their assets to the exchanges. At the same time, there is an inflow of...

7 Reasons Every iPhone User Should Be Worried About the App Store’s 30% Tax

28 Jul 2020 2 minute read 0 comments lioha369

  In the last few months, many prominent app developers voiced their disapproval of the App Store policies Apple imposes on all apps. Why should that concern you if you own an iPhone? Here are 7 reasons. 1-HIGHER PRICES. Apple’s 30% commission makes...

Weekly events digest

26 Jul 2020 1 minute read 0 comments lioha369

The crypto market intensified over the weekend and Bitcoin briefly rose above $ 10,000, among altcoins, Ethereum and Cardano became the growth leaders. In traditional markets, gold showed itself best of all, stopping just a small step before a new pr...

Google, Facebook and Twitter are being sued over the 2018 crypto ad ban.

21 Jul 2020 1 minute read 0 comments lioha369

Cryptocurrency companies, exchanges, and individuals are suing Google, Facebook, and Twitter for banning their ads from January 30, 2018, to the present. A class-action lawsuit filed by Sydney law firm JPB Liberty. Plaintiffs allege that their busine...

A few consequences of COVID-19

18 Jul 2020 1 minute read 0 comments lioha369

Shortly a few examples of the impact that Corona Virus had on the global economy. Victoria Secret announced bankruptcy of the UK segment ZARA closed 1200 stores worldwide La Chapelle shut down 4391 stores Chanel stopped production Hermes closed Pate...

Monday Digest

13 Jul 2020 1 minute read 0 comments lioha369

  G20 will develop a regulatory framework for payments in digital currenciesThe first changes are expected to be proposed at the October meeting of G20 finance ministers in Washington before the next summit in November. The participants will discuss...

WARNING: Tether (USDT)

13 Jul 2020 1 minute read 0 comments lioha369

As expected, the situation with Tether has evolved. At the request of the New York judiciary, Tether froze millions of USDT dollars in 40 wallets amid regulatory pressure. And this is not the first time. One address was frozen in 2017, eight in 2018,...

The Most Critical Vulnerability in DeFi, that nobody talks about.

12 Jul 2020 1 minute read 0 comments lioha369

Returning to the topic of stable coin account freeze, despite all the technical and price risks that arise when using decentralized financial protocols (DeFi), DeFi has one very serious vulnerability that nobody speaks directly. The idea is that the...