Poly Network, a cross-chain DeFi protocol, recently suffered a $600M hack — the largest DeFi exploit in crypto history. Mudit Gupta, security researcher and SushiSwap dev, breaks down the attack,[…]
Tag: tether

Bitcoin Hit $46K for the First Time Since May
August 10, 2021 / Unchained Daily / Laura Shin Daily Bits ✍️✍️✍️ Tether is backed by nearly 50% commercial paper, according to[…]

Bitcoin Cost Tesla $23M in Q2
July 27, 2021 / Unchained Daily / Laura Shin Daily Bits ✍️✍️✍️ Digital asset funds saw a net outflow of $28M last[…]

Tether’s Biggest Stablecoin Competitor Is…
July 5, 2021 / Unchained Daily / Laura Shin Daily Bits ✍️✍️✍️ Bitcoin mining difficulty fell ~28% on Friday — the largest[…]

Elon Hints at a BTC Firesale
May 17, 2021 / Unchained Daily / Laura Shin 🎉Welcome to Unchained Daily 🎉 The Unchained newsletter is shifting from a weekly recap to[…]

Why an Elon Tweet Sent Bitcoin Below $50k
PLUS: Vitalik thinks UNI should become a price oracle. The biggest news of the week came from the likeliest of places: Elon Musk’s Twitter account, where he tweeted out an[…]

Michael Jordan’s NFT Investment
PLUS: Goldman Sachs to offer clients bitcoin! With Bitcoin hovering just below $60k and Ethereum sitting just under $2k, it looks like April could be another bullish month in the[…]

The One 👀 Figure in the Coinbase S-1
MicroStrategy and Square stack more sats Another week, another Bitcoin all-time high and, of course, a precipitous 20% drop following the $58k peak. Diamond hands held, laser eyes meme-ed, and[…]

Is Tether a Fraud? Its Bank Says It’s Not
Gregory Pepin, deputy CEO of Deltec Bank and Trust, responds to allegations in a blog post by the pseudonymous Crypto Anonymous, that Tether is a “highly probably fraud.” In this[…]

Why Stablecoin Growth Over 5 Years Doubled in 4 Months
Nate Maddrey, senior research analyst at Coin Metrics, discusses a report on the rise of stablecoins over the last few months that Coin Metrics published in conjunction with Bitstamp. He[…]