US banks urged to include Bitcoin, crypto in their plans for this crucial reason

In a new report titled “Understanding Crypto: What banks need to know,” the American Bankers Association (ABA) has urged banks across the country to partner with crypto firms.  The need for banks to partner with crypto firms, according to the report, is due to the increased profitability of the sector and rising client interest.  In […]
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Pancake Bunny token plummets by 90% after $40 million flash loan attack

The price of Pancake Bunny (BUNNY), the native token of the eponymous decentralized finance (DeFi) platform based on the Binance Smart Chain (BSC), plummeted by over 90% after it fell victim to a flash loan attack today.
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DeFi platform ‘bEarn Fi’ promises 105% compensation after $10 million hack, but is it the right thing?

Cross-chain decentralized finance (DeFi) yield farming platform bEarn Fi fell victim to an exploit in its smart contract on Sunday, allowing a malicious user to siphon $10.85 million worth of Binance USD (BUSD) stablecoins from one of its vaults.
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Ethereum poster child MakerDAO’s annual revenue breaks above $200 million

The total projected annual revenue of lending platform MakerDAO, Ethereum’s decentralized finance (DeFi) “poster child,” has exceeded $200 million over the past weekend, according to analytics website MarketBurn.
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