The DeFi issue: Korean behind YFI fork “Asuka” leads $60,000 exit scam

The developer behind Asuka, a short-lived fork of DeFi project Yearn Finance (YFI), conducted an exit scam this morning, with sources noting the loot was between the range of $30,000-$60,000.
The post The DeFi issue: Korean behind YFI fork “Asuka” leads $60,000 exit scam appeared first on CryptoSlate. …

MCO jumps 36% as Crypto.com’s swap program goes live

Crypto dot com unveiled its MCO swap program on August 3, allowing existing holders to shift their tokens to CRO as the protocol shifts to a unified, singular token system for its mainnet.
The post MCO jumps 36% as Crypto.com’s swap program goes live appeared first on CryptoSlate. …

Bitcoin drops $1,500 in 9 minutes causing $1 billion in longs liquidated

The crypto market is not one for the faint-hearted.
The post Bitcoin drops $1,500 in 9 minutes causing $1 billion in longs liquidated appeared first on CryptoSlate. …

Uniswap does a third of Coinbase volumes while “Tendies” tokens surge

A day in DeFi land is a week in crypto; and even that’s saying something.
The post Uniswap does a third of Coinbase volumes while “Tendies” tokens surge appeared first on CryptoSlate. …

Apple gained the same value on Friday as Bitcoin’s entire market cap

While Bitcoin has rallied millions of percent since its launch in 2008, the asset remains relatively small on a macro scale. This much was made clear on Friday, July 31, when the shares of Apple (AAPL) surged on the back of extremely strong revenue numbers.
The post Apple gained the same value on Friday as Bitcoin’s entire market cap appeared first on CryptoSlate. …

Dogecoin (DOGE) is now being used by crypto hackers after TikTok boom

Dogecoin’s usecases have seemingly evolved over time.
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