DeFi Service Platform BXH Announces Relaunch & Business Transformation | Curated CoinCodeCap #2 May 2022
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
Our Blockshots Podcast 🎙️🎤
This week we speak to Rahul S., the CTO of Connext network, a protocol building primitives for blockchain interoperability. We discuss cross-chain bridges, multi-chain dapps, and the UX challenges of current bridging solutions.
StreamCoin Sets Eyes on 100+ Exchange Listing Following Successful $11.7M Public Sale
StreamCoin, a Dubai-based live streaming company, is happy to announce its plans of listing its native token STRM on more than 100 crypto exchanges in the first week of May. However, the platform said that it cannot divulge anything further details due to the non-disclosure agreement (NDA) signed with these exchanges. Keep Reading »
Belgium’s FSMA Guidelines now Require Crypto Exchanges to Register within a Sharp Deadline
In a statement, Financial Services and Markets Authority (FSMA), which is Belgium’s financial regulator, stated that legal entities and individuals looking to provide crypto exchange services or custodial wallets in the country will now have to register in advance. Keep Reading »
Rari Capital Hacked, Around $80M Lost
Firstly, the Compound codebase had a known problem of a broken check-effect-interaction pattern in the borrow function of CToken, aka re-entrancy. However, this would only be exploitable if an underlying asset has a transfer hook. E.g. ERC-777
. Keep Reading »
DeFi Service Platform BXH Announces Relaunch & Business Transformation
The crypto market witnesses the fall of many companies every day due to scams, thefts, and rug pulls. Similarly, the Defi industry faced its second-largest rip-off last year on October 30, 2021, when the BXH (Boy-X-Highspeed) Exchange lost $139M tokens in a heist. The significance of the incident can be judged by the fact that more than ten global blockchain security companies including Bit Jungle investigated the matter and even the local authorities had to intervene. The exchange halted its operations for nearly a month but resumed functionality on November 22, 2021. Keep Reading »
Warren Buffett says he won’t pay $25 even for all the Bitcoin
Despite Bitcoin gaining steady acceptance from the traditional finance and investment world in recent years, Warren Buffet, the CEO of Berkshire Hathaway, has only viewed Bitcoin with suspicion. While attending the Berkshire Hathaway Annual Shareholder meeting on Saturday(30th April), Buffet said that it’s not a productive asset and it also doesn’t produce anything tangible. Keep Reading »
CoinJar gives users a chance to Become a SHIB Millionaire
In this very turbulent cryptocurrency market, Shiba Inu is one of the trendiest cryptocurrencies in recent years. Very likely to surpass US$0.000030 soon after keeping a good support level for some time. Keep Reading »
Market Updates
NEXO Price Analysis May 2022
NEXO is a token of the platform Nexo. Its current price is around $2.52 by writing, with a low of $1.05, and has a market cap of 1.4 billion dollars. Keep Reading »
ZRX Price Analysis April 2022
ZRX is a token of platform 0x. Its current price is around $0.8124 by writing, with a low of $0.4514, and has a market cap of 688 million dollars. Keep Reading »
KNC Price Analysis April 2022
KNC is a token of the platform Kyber Network. Its current price is around $4.60 by writing, with a low of $1.17, and it has a market cap of 818 million dollars. Keep Reading »
SHIB Price Analysis April 2022
SHIB is a token of the Shiba Inu platform. Based on the writing, its current price is around $0.00002573, with the lowest point being $0.00000026, and it has a total market cap of 14.1 billion dollars. Keep Reading »
Top 5 Penny Cryptocurrencies to buy in May 2022: VET, XLM, BAT, CHZ, ZIL
The penny cryptocurrencies are those that are priced under $1.00. It has much lower transaction fees than larger coins, meaning you can buy more coins with your budget. Further, they are less volatile than larger coins, meaning you have a better chance of long-term growth. Penny cryptocurrencies are often still undervalued, so they may be worth more in the future. Here we have the top penny cryptocurrency to buy in May 2022.
Top 5 Meme Tokens to Keep an Eye on This Week: SMI, DOGE, VINU, MONA, ELON
Cryptocurrencies are always a hot topic on the internet, with hundreds of new coins being created. Meme tokens are a new form of cryptocurrency trading that has recently become popular in the crypto scene. Here’s a list of top 5 meme tokens to keep an eye on this week. Keep Reading »
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