Solana-based stablecoin NIRV drops 85% following $3.5M exploit

Solana-based algorithmic stablecoin NIRV has become the latest stablecoin to fail, after dropping 85% from its dollar peg following a hack on adaptive yield protocol Nirvana Finance on Wednesday. The flash loan attack, which also saw Nirvana Financeโ€™s native token ANA drop by 85%, resulted in the loss of $3.49 million worth of Tether (USDT), with the SolanaFM team being the first to confirm that the funds were siphoned via a flash loan attack on July 27: โ€œUtilizing Solend Protocolโ€™s Flash Loans, the hacker borrowed $10M USDC from the Solend…

Bitcoin Price Gains Momentum, Why The Bulls Could Aim $25K

Bitcoin started a fresh increase above the $23,000 resistance zone against the US Dollar. BTC might continue to rise towards the $25,000 resistance zone. Bitcoin started a fresh increase and climbed above the $23,000 resistance. The price is now trading above the $23,000 level and the 100 hourly simple moving average. There is a short-term contracting triangle forming with resistance near $24,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must clear the $24,000 resistance to continue higher in the near term. Bitcoin Price…

Monday digest 39: Come ti inculo con la Blockchain

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Nasce un nuovo standard nel guadagno online, le nuove blockchain con minting, vesting e vantaggi incredibili per chiunque investa in anteprima. Possono realmente essere delle opportunitร ? Ovviamente si, ma con infinitesimali probabilitร  di successo, quindi attenzione a come si intraprende questa strada! Per entrare a far parte del progetto obit8 visita www.obit8.net Ti aspettiamo nel gruppo Telegram. โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Youtube version

Bitcoin & Ethereum weiter BULLISCHE PREISAKTION, so gehts jetzt weiter!!

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io ๐Ÿค‘Hier Handle ich Kryptowรคhrungen!! (0 Gebรผhren auf die ersten 1000โ‚ฌ!!) ๐Ÿ’นMEIN CHARTING TOOL (Das beste der Welt!!!!) ๐Ÿ”’ Hier Kaufe ich meine Wallets: ๐Ÿค‘Hier Handle ich Kryptowรคhrungen!! Bei ATANI: Falls ihr mich unterstรผtzen wollt, meine Paypal Adresse: fxinvesting83@gmail.com Social Media: Instagram: fx_mario_yt INTRO 0:00 – 0:45 Bitcoin Chartanalyse 0:45 – 4:17 Ethereum Chartanalyse 4:17 – 7:37 US DOLLAR UND SONSTIGES 7:37 – ENDE Heutige Chartanalyse zu Bitcoin Ethereum, รผber einen Kommentar Fรผr den Algo, sowie ein Like und Ein Abo wรผrde ich…

IMF Warns of Further Crypto Selloffs and More Coins Failing โ€“ Markets and Prices Bitcoin News

A director with the International Monetary Fund (IMF) has warned of further selloffs in both crypto assets and equities. He further warned that more crypto tokens could fail. IMF Foresees More Crypto Selling Pressure Tobias Adrian, director of Monetary and Capital Markets for the International Monetary Fund (IMF), warned about further selling pressure in the crypto market and more crypto token failures in an interview with Yahoo Finance Wednesday. He said: We could see further selloffs, both in crypto assets and in risky asset markets, like equities. โ€œThere could be…

Bitcoinโ€™s Recent Gains Have Been Small. What Will Drive Its Price Higher?

Moya noted gains in equity markets that also rose for a third consecutive day with the tech-focused Nasdaq, S&P 500, which has a heavy tech component, and Dow Jones Industrial Average all rising over a percentage point. But he also struck a cautionary note, writing that although the rally for risky assets was a boon for crypto, “traders should not be surprised if stocks “eventually faded.” Source

SEC INVESTIGATES COINBASE | BITCOIN DROPS DUE TO RECESSION FEARS

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Today let’s talk about SEC’s investigation probe into Coinbase. Also, let’s talk about recession fears and how the current administration is downplaying them. Also Bitcoin and Crypto news. ๐Ÿ“ŠBuy Bitcoin & Crypto w/Bitget (No KYC and up to $8000 Bonus) ๐ŸŸชBuy Bitcoin & Crypto with IRA/401k w/ItrustCapital ($100 Bonus) ๐Ÿ’ณGet a Bitcoin Reward Credit Card (1.5% Back in BTC): ๐Ÿ“ˆBuy Stocks, ETFs, Options w/ MooMoo (Earn 10 Free Stocks up to $2500) ๐ŸšงBuy Crypto Domain Names w/ Unstoppable Domains: ๐ŸšจProtect Yourself with…

Goldman Sachs, JPMorgan Predict Euro-Area Recession โ€“ Economics Bitcoin News

Global investment banks Goldman Sachs and JPMorgan have predicted an imminent recession in the euro area. โ€œThe risks to our forecast are skewed toward a sharper recession in the event of an even more severe disruption of gas flows, a renewed period of sovereign stress or a U.S. recession,โ€ said the economists at Goldman Sachs. Goldman Sachsโ€™ Predictions Two major global investment banks, Goldman Sachs and JPMorgan, released reports Wednesday, independently predicting an impending recession in the euro area. Goldman Sachsโ€™ analysts, led by chief European economist Jari Stehn, expect…

Santander Brazil to Launch Crypto Trading Feature in Coming Months, CEO Says

Several non-crypto financial companies have announced or started operating crypto ventures in Brazil recently. In July, the Brazilian fintech PicPay announced its plans to launch a crypto exchange and a Brazilian real-tied stablecoin in 2022, while in December, Mercado Libre, Latin Americaโ€™s largest e-commerce company by market value, started allowing users in Brazil to buy, sell and hold cryptocurrencies. Source