🚀 The first Billionth crypto dollar Loan is generated on DeFi platform 📈 ~ CEOM Coin

Binance has burned through 10% of its supply.

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DForce Loses 99.95% of Funds in Weekend Attack

dForces has been attacked and lost 99.95% of its locked fund, falling from $25M to just $10K overnight.

The attack is believed to target on the vulnerability of its Ethereum's (ETH) ERC-777 token standard.

The attack also netted the hacked more than 200 imBTC, a wrapped Bitcoin by Tokenlon.

Tokenlon assured that no imBTC held in custody had been impacted, though they paused imBTC transfers while considering its next move.

Editor: The attack basically rekt a whole token project. Tokenlon must consider their next moves carefully to recover the token ecosystem.

CoinTelegraph

FTX is launching 2 tokens that track bitcoin volatility

The long and short positions will be represented by BVOL and iBVOL respectively and each shows the magnitude of bitcoin's price swings.

The token documentation can be found here.

The tokens will be launched as ERC-20 tokens.

Editor: Looking forward to when I can short a token that shorts the token that shorts the price of Bitcoin.

TheBlockCrypto

DYdX's Generates $1B in DeFi Loans Over One Year

The first billionth dollar in Crypto loans have been generated on the seventh largest DeFi platform in locked assets.

The milestone was driven by consecutive monthly all-time highs during February and March of more than $250 million and $400 million respectively.

CoinTelegraph

Mineable

Some cryptocurrencies have a system through which miners can be rewarded with newly-created cryptocurrencies for creating blocks through contributing their hash power.

Cryptocurrencies with this ability to generate new cryptocurrencies through the process of confirmation is said to be mineable.

TL;DR - Public, permissionless PoW cryptocurrencies are "Mineable".

Learn more terms with the CoinGecko Glossary

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