Monthly Archives: November 2020

Yield-generating stablecoin project Origin Dollar exploited for $7M

Origin Protocol has announced its yield-generating stablecoin protocol, OUSD, has been hacked and drained of at least $7 million Origin Dollar (OUSD), the yield-generating stable token launched by Origin Protocol in late-September, has been hacked to the tune of $7 million. On Nov. 17, Origin Protocol founder Matthew Liu announced the stablecoin had been hacked, noting that $1 million of the $7 million in lost funds including DAI and Ether had been deposited by Origin’s founders, employees, and the company itself. The team currently does not know […]

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US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon

Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next few months. Just recently PWC’s real estate practice published a report called “The 2021 Emerging Trends,” which shows city ranks have changed a great deal since the coronavirus outbreak. For instance, for a number of years, the city of […]

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Grayscale now holds half a million Bitcoin

Grayscale’s Bitcoin Trust now holds more than 500,000 Bitcoin, surpassing $8.3 billion in value. Cryptocurrency fund manager Grayscale Investments now holds more than 500,000 BTC in its Bitcoin Trust.  According to a Nov. 16 post, Grayscale now holds to $8.35 billion worth of Bitcoin— equating to 2.69% of Bitcoin’s (BTC) outstanding supply and market cap. But with Chainalysis estimating that around 3.7 million BTC have been lost, Grayscale may actually now be in possession of 3.37% of Bitcoin’s remaining circulating supply Appealing to institutional investors who are […]

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*URGENT* 5 Cryptos With INSANE GAINS Potential in Next Bull Run?!

#bitcoin #cryptocurrency #altcoins Disclaimer: I am not a financial advisor and this is not financial advice. Everything expressed is my personal opinion only! Learn EVERYTHING you need to know about Crypto & get my HOT tip in my free course: https://www.udemy.com/course/free-cryptocurrency-course Learn how to be an adept Cryptocurrency trader for $10 here: https://www.udemy.com/cryptocurrencytrading/ Get started with me on Coinbase today here: https://www.coinbase.com/join/58da6c18b6c7053a85 Powered by WPeMatico

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