Tag: Forbes

How The DeFi Space Has Become A Massive Breeding Ground For Crypto Ponzi Schemes

Forbes

A large number of recent Ponzi schemes have used decentralized finance (DeFi) infrastructure to defraud their customers. This article explores the DeFi ecosystem and how fraudsters are able to exploit it to steal from crypto newbies. Representation of cryptocurrency and Read More

Beyond Crypto Custody: Fireblocks Unveils Web3 Engine To Support DeFi, Games And NFTs

Forbes

Fireblocks’ cofounders (from left to right): Idan Ofrat, CTO; Michael Shaulov CEO; Pavel Berengoltz, VP of R&D Fireblocks Blockchain infrastructure provider Fireblocks has launched a suite of developer tools and a portal for customers to access cryptocurrency exchanges, NFT marketplaces Read More

The Next Luna And UST? Crypto Market Now Braced For Another Earthquake After Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Avalanche And Polkadot Price Crash

Forbes

Bitcoin BTC , ethereum and cryptocurrency prices have been left reeling from the collapse of the terraUSD (UST) stablecoin and its support coin luna this week—though luna has shocked some by staging a surprise rally. Subscribe now to Forbes’ CryptoAsset Read More

Biden ‘Endorsed’ Fed ‘Shock Therapy’—Why The $1 Trillion Bitcoin, Ethereum And Crypto Price Crash Could Be Just Getting Started

Forbes

Bitcoin BTC and cryptocurrency prices have been hit by an almighty sell-off this month, wiping around $1 trillion from the crypto market since early April—though Elon Musk surprised some by signaling his continued support. Subscribe now to Forbes’ CryptoAsset & Read More

‘Revival Plan’ Boosts ‘Essentially Zero’ Luna Price By 1,000% Amid Bitcoin, Ethereum And Crypto Crash

Forbes

Luna LUNA , the collapsed cryptocurrency that was designed to support the terraUSD (UST UST ) stablecoin, has rocketed higher over the last 24 hours despite falling to near zero this week—a dramatic collapse that shook the wider bitcoin and Read More

Still Has ‘Potential As A Currency’—Elon Musk Gives Surprise Dogecoin Signal After Huge Bitcoin, Ethereum And Crypto Price Crash

Forbes

Bitcoin BTC , ethereum and other major crypto currencies have bounced back over the last 24 following a devastating crypto crash that wiped almost $1 trillion from the combined crypto market. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and Read More

Terra Blockchain Halted To ‘Prevent Attacks’ After Luna Token Crashes Nearly 100% Overnight

Forbes

Topline The platform behind the embattled luna cryptocurrency said Thursday afternoon it had temporarily halted its blockchain to stop transactions after the token’s price plummeted nearly 100% overnight, making the network more susceptible to a possible attack. The price of Read More

Meme Stocks Surge Despite Market Selloff: GameStop Trading Halted, AMC Jumps 15%

Forbes

Topline Shares of two meme stocks surged higher on Thursday, boosted by retail investors despite the wider market sell-off, as GameStop’s stock was halted several times for volatility after it surged more than 20%, while AMC Entertainment also rallied more Read More

Tether Untethered: World’s Biggest Stablecoin Loses $1 Peg As Crypto Market Crashes

Forbes

Topline The price of Tether, the world’s biggest stablecoin and a cornerstone of the cryptocurrency ecosystem, slipped away from its $1 peg on Thursday, intensifying worries amid a market-wide crash and plummeting cryptocurrency prices. Tether lost its $1 peg on Read More

$1 Trillion Crypto Meltdown—Huge Crash Wipes Out The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Solana, Terra’s Luna And Avalanche

Forbes

Bitcoin and cryptocurrencies have crashed further overnight, dropping to levels not seen since the crypto market began surging in late 2020 and wiping away almost $1 trillion worth of value in a month as a serious “ripple” warning comes into Read More

‘Full Irrational Panic’ – Solana Drops To Lowest Since August Amid Crypto Plunge

Forbes

Solana prices have plunged lately, falling below $45 today. Photographer: Gabby Jones/Bloomberg © 2021 Bloomberg Finance LP Solana prices have dropped sharply lately, shedding value along with many other digital assets as cryptocurrency prices reel from the latest developments. The Read More