Yam finance (YAM), the latest fad in the crypto space, recently warned the public of a technical bug affecting the ecosystem. “We have found a bug in the rebasing contract,” the project said in an Aug. 12 tweet. “All funds in staking contract are safe, as this is an unrelated part of the protocol,” the project added, also noting participants’ Yam token holdings remain unaltered. As the decentralized finance, or DeFi, crypto boom continues, something called yield farming has come into the spotlight. Yield farming is essentially the latest passive income…
Day: August 12, 2020
Google Ads is Failing to Protect People From Crypto Scams
Users of the Uniswap decentralized exchange could be at risk thanks to a new Google ad. “URGENT WARNING FOR ANYONE USING UNISWAP,” crypto influencer and YouTuber, BitBoy, said in an Aug. 11 tweet. Tagging Google’s Twitter accounts, he added: “Google you should be ashamed. Whoever runs GoogleAds is FAILING MISERABLY. On YouTube where scammers get ads through and now on your own platform.” According to BitBoy, entering a Google search for “UniSwap” returns an advertisement link as one of the first results at times. “When you click that ad, it…