BaseBros Fi, a DeFi yield optimization protocol on Base, has abruptly vanished, deleting its website and social media and exploiting an unaudited smart contract to drain users’ funds, estimated at around $130,000, through Tornado Cash.
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Category: Cryptocurrencies
Crypto Venture Giant Hack VC Raises $77M for its ‘Oversubscribed’ Third Fund
Prominnet crypto fund Hack VC has raised $77 million for its third fund, nearing its target of $80 million.
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Memebet Token ICO Raises Over $230,000 – Less Than 24 Hours Left Until Price Increase
The Memebet Token ($MEMEBET) ICO is starting strong and has already raised over $230,000. Early contributors have quickly grasped the project’s potential, being the first to aim at uniting two high-growth industries – online casinos and meme coins – under one umbrella: an online casino for degen gamers. When it launches, the Memebet Token platform […]
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US Rate Cuts Expected to Boost DeFi Yields, Bernstein Predicts
As U.S. Federal Reserve rate cuts are anticipated, analysts from Bernstein predict a resurgence in DeFi yields, particularly on Ethereum, with potential cuts of 25 to 50 basis points likely to attract renewed interest in DeFi and crypto credit markets, despite the fading excitement from the 2020 “DeFi summer.”
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Bitcoin Price Surges to $58K as Rich Dad Poor Dad Author Predicts Further Gains
Bitcoin price surges to $58,000 as Rich Dad Poor Dad author Robert Kiyosaki predicts further gains, driven by anticipation of Federal Reserve rate cuts.
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FBI Confirms: Binance Founder CZ to Be Released Next Week
The FBI has confirmed that Binance founder Changpeng Zhao, known as CZ, will be released from prison on September 29, 2024, marking a significant moment for both Binance and the cryptocurrency industry amid widespread anticipation on social media.
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Could Solana’s Price Explode? SOL Founder Yakovenko’s Bitcoin Connection Sparks Speculation
The Solana price has fallen to $131.74 on a bad day for the cryptocurrency market as a whole, with the alt now down by 3.5% in 24 hours and by 5.5% in the last 30 days.
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Circle Partners with Sony Block Solutions Labs to Launch USDC on Soneium
Circle partners with Sony Block Solutions to make $USDC a core token for Soneium blockchain transactions.
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CFTC Warns of Potential Manipulation in Prediction Markets in Filing Against Kalshi
The CFTC has raised concerns about the susceptibility of prediction markets to manipulation in its latest filing against Kalshi, a U.S.-based prediction market platform.
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Barclays Explores Use Cases and Framework for a Digital Pound in the UK
Barclays is exploring the design and potential applications of a digital pound, with the goal of achieving smooth integration with commercial bank money.
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