The attack – the second in less than a week – began at just after 03:00 UTC Tuesday, when attackers apparently took out a flash loan of 7,500 ETH (approximately US$1.98 million), using 3,518 ETH (~$939,300) to purchase synthetic USD stablecoin sUSD from the issuer, which they then posted as collateral for a bZx loan, according to an analyst on Twitter. Continue reading DeFi Project bZx Exploited for Second Time in a Week, Loses $630K in Ether
E*Trade Financial Corp. is waking when it comes to the importance of allowing its customers the ability to trade cryptos. It’s readying to allow them to trade Bitcoin and Ethereum, Bloomberg reports. Continue reading US Stock Brokerage E*Trade Strokes Excitement with Rumored Ether, Bitcoin Trading
Despite the currently ongoing bull run bringing Bitcoin prices up above $4,000, there are still some voices calling for lower lows. That is the case of Alex Sunnarborg, partner of Tetras Capital. Continue reading Manager of hedge fund, short on ether: “Crypto hasn’t bottomed yet”
Liechtenstein lending institution Bank Frick now offers “direct investment” and cold storage of five cryptocurrencies, it announced in a press release Feb. 28, noting it is the “first” financial instituion in the country to do so. Aimed primarily at “professional market participants and financial intermediaries,” according to Frick, investment and storage is offered for Bitcoin, Bitcoin Cash, Litecoin, Ripple and Ether. The bank, which was founded in 1998, has sought to stand out from competition in the tiny European country, introducing a crypto investment and storage service that is “in demand” beyond its borders, it says. “Our services are in demand from companies across the whole of Europe,” chief client officer Hubert Büchel commented in the release. Despite Bank Frick being previously active in crypto-based products, the move appears to copy neighboring Switzerland, where institutions Vontobel and Falcon Private Bank have been offering exposure to crypto investments since as far back as 2016.
World of Ether, an Ethereum based crypto collectible game, has just sealed a partnership that will catapult the game straight to the top. The team behind the project is steadily ramping up for their Q1 release and to date, has sold 1711 “presale” eggs on the game’s site. Each egg hatches into a monster that you can either collect, battle, breed, sire or sell. The community around the game is buzzing as players anxiously await new and emerging details on the game’s intricacies. Well, folks, the team at World of Ether has officially partnered with Coinbase’s app, Toshi. Toshi is a mobile browser for the Ethereum blockchain, and it allows users on their mobile devices to interface with decentralized applications (dApps). This is huge news for egg holders as originally the game could only be accessed via desktop, with MetaMask. With this new partnership, users can play World of Ether anywhere.