Crypto Roundup: September 14th, 2020

Buyers have stepped back into the crypto market and are holding Bitcoin above $10K. Each time the cryptocurrency has dropped below this level, bargain hunters have leapt into action—aggressively buying and pushing Bitcoin back up. On the chart, this price action is reflected in a series of long wicks around $10K, suggesting strong support.Elsewhere, Ethereum…

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1Inch Exchange Co-Founder Disputes Claims bZx Attackers Stole $8m in DeFi Exploit

DeFi lending protocol bZx suffered another attack last night, the second in seven months. This time, faulty code was blamed for an exploit that allowed hackers to duplicate assets, or increase their iTokens balance without the appropriate collateral. Reports are circulating that hackers stole cryptocurrencies worth $8 million. But Anton Burkov, Co-founder of 1inch Exchange,…

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eToro Launches GoodDollar And Begins Delivering Universal Basic Income

With enforced shutdowns driving governments to enact emergency stimulus measures and airdrop funds into citizens’ accounts, Universal Basic Income (UBI), also known as Basic Income has attracted renewed interest. This fact hasn’t escaped the attention of e-trading brokerage eToro, whose launch of corporate social responsibility initiative GoodDollar (G$) aims to bring Basic Income to the…

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