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$200 Million Hacked On Euler - Who's Next?

21 Mar 2023 1 minute read 1 comment Bfab

You may have heard about the huge exploit on Euler Finance, which lost about USD 200 million due to this hack, and you may wonder which other DeFi protocols are at risk on Ethereum (ETH) mainnet, layer-2 chains like Arbitrum or Optimism, sidechains l...

BNB Surged By 8% And You Missed It?!

16 Mar 2023 1 minute read 7 comments Bfab

We all know what the FOMO (Fear Of Missing Out) is, but most of us don't know how to react when it happens. Let's take a concrete case. BNB surged today by more than 8%. What are the possible options? 1) You can wait for a correction and buy the dip....

Bitcoin Is Up 48% This Year While Banks Collapse

16 Mar 2023 1 minute read 6 comments Bfab

Bitcoin is up 48% this year, beating stocks and gold: As banks collapse, more inflows are coming into Bitcoin (BTC) as a hedge against the crash. Therefore, Bitcoin could be considered again the "digital gold" as per its whitepaper. Why Bitcoin is d...

How To Secure Crypto Gains After A Pump?

14 Mar 2023 2 minute read 0 comments Bfab

After a big FUD (Fear, Doubt and Uncertainty) around the USDC depeg this weekend, the Silicon Valley Bank rescue plan has pumped the crypto market. However, nothing lasts forever, and as usual in cryptos, some traders will take profits, and a correct...

What will happen to Bitcoin if USDC crashes?

13 Mar 2023 1 minute read 1 comment Bfab

USDC depegged to 0.9 this weekend due to the collapse of its counterparty Silicon Valley Bank, which holds 7.7% of USDC reserves. Although Circle (USDC creator) managed to reassure USDC owners and USDC is almost back to its peg, it can be worthwhile...

What will happen to ETH if USDC crashes?

12 Mar 2023 1 minute read 1 comment Bfab

USDC depegged to 0.9 yesterday due to the collapse of its counterparty Silicon Valley Bank, which holds 7.7% of USDC reserves. While Circle (USDC creator) tries to reassure USDC owners on the redeem of USDC at 1:1 against USD from tomorrow at the ope...

Can Europe Ban Bitcoin?

8 Mar 2023 1 minute read 4 comments Bfab

A new report from the Rousseau institute in France, which aims to prepare the future vote of the MiCA (Markets in Crypto-Assets) regulation by the European parliament in April, proposes to ban the Proof-of-Work (PoW) consensus which allows Bitcoin to...

It's Time To React Against US Establishment

8 Mar 2023 1 minute read 6 comments Bfab

Crypto market immediately dumped after Jerome Powell's yesterday speech, where he warned against inflation... Well, nothing new under the sun. Last week the market also suffered due to Gary Gensler's multiple attempts to regulate everything, includin...

Easy Cashback - Plutus Vs Binance Vs Crypto.com Payment Cards

7 Mar 2023 1 minute read 1 comment Bfab

I used to get cashback through Crypto.com card. However, after FTX collapse, I became a bit paranoid and decided to withdraw my staked CRO which automatically ended the cashback program. I moved then to Binance, but all the FUD (Fear, Uncertainty and...

Silvergate Bankrupt & Impact On Cryptos

6 Mar 2023 1 minute read 1 comment Bfab

As Silvergate delayed its financial report to the SEC, the cryptosphere starts to think they will soon go bankrupt. Therefore, we may wonder which cryptos could be impacted by this bankrupt. A short answer would be: all of them, including Bitcoin (BT...