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Arthur Hayes, the co-founder and former CEO of leading crypto derivatives platform BitMEX, has predicted that Bitcoin’s price will reach the $1 million mark by the end of the current decade. In a blog post published on Wednesday, Hayes gave a comprehensive breakdown of how the leading cryptocurrency would reach $1 million in eight years,…
Saddle Finance, a decentralized finance protocol, has suffered a $10 million hack, according to blockchain security and data analytics company PeckShield. The exploit happened within a bunch of transactions and took advantage of the wrong MetaSwapUtils lib used to calculate the swap. The hacker initiated the exploit with 1 ETH withdrawn from Tornado Cash. Out…
ESG analyst Daniel Batten argues that bitcoin mining could reduce methane emissions by up to 8.5 percent by 2030. As a greenhouse gas, methane has 80 times more potential of causing climate change than carbon dioxide (CO2) during its first 20 years in the atmosphere, according to research. It accounts for about one fifth of…
Fei Protocol and Rari Capital are the latest victims of a cybersecurity attack that resulted in the loss of over $80 million, according to DeFi security firm BlockSec. On Saturday, BlockSec tweeted that its monitoring system detected an exploit of multiple streams connected to the decentralized finance protocols which took advantage of a reentrancy vulnerability.…
The playoffs are officially going down, and there are a lot of opinions going around as teams compete to walk away with the 2022 NBA Championship title. However, on Monday prior to the Brooklyn Nets’ loss against the Boston Celtics, Stephen A. Smith shared a few words about Ben Simmons, after it was announced that…
Ohio-based CrossCountry Mortgage has entered into an agreement to acquire California-based retail lender LendUS, multiple sources familiar with the deal told HousingWire. Founded in 2003 by mortgage broker Ron Leonhardt, CrossCountry originated $52 billion in mortgages in 2021, up 22% year-over-year, checking in as the 17th biggest lender in the country, according to Inside Mortgage…
During the market disruption in March 2020, the value of mortgage servicing rights became temporarily disconnected from mortgage rates. Large mortgage sellers and servicers faced severe margin calls, and it took several weeks for them to get the go-ahead from the Federal Housing Finance Agency to draw on their liquidity buffers. It’s a scenario that…
Pusha T took the stage on The Tonight Show Starring Jimmy Fallon on Thursday night (April 21) and performed “Dreamin Of The Past.” Joined by The Roots, the Virginia-bred rapper performed the track for the first time. “Dreamin Of The Past” is featured on Pusha T’s latest album It’s Almost Dry which was officially released on Friday (April…
The Wu-Tang Clan will be introduced to a new generation of gamers and music fans alike as the Staten Island collective will be making a splash into Epic Games’ popular battle royale-based shooter, Fortnite. While the game won’t feature any of the members of the iconic rap group, cosmetics based on the Wu Wear clothing…
Ashley Bachelor, who is the former partner of Rajon Rondo and the mother of their two children, was granted an emergency protective order against the Cleveland...
Former UFC fighter Cain Velasquez, who was arrested Feb. 28 and is being charged with attempted murder and 10 additional gun-related charges, was denied bail...
