PrimeXBT Lead Analyst Kim Chua: Bitcoin Is a Far Better Store of Value Than Gold
Jun 23, 2021 at 08:57
Ever since Bitcoin experienced one of its largest pullbacks in May this year, critics have once again used this volatility to attack Bitcoin, saying it is not a good store of value because its price can fall 40% in a week. While that argument sounds logical at first, my own deeper analysis delivers a rather alarming result.
Scammers Never Sleep: Nearly $8 Million Stolen in DeFi Attack
May 19, 2021 at 08:52
In the latest rounds of attack on DeFi (Decentralized Finance), FinNexus Options Protocol and DeFi platform lost close to $8 million. DeFi experts say the attack was either executed via stolen admin keys or a rug pull. In the attack, FinNexus lost more than 383 million FNX tokens pushing the price of the token to plummet by at least 90%.