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$400 Million Yam Project Implodes after Smart Contract Vulnerability

A high-flying crypto project denoted by a sweet potato emoji was stopped “dead” in its tracks Thursday after a smart contract vulnerability was discovered hours before a “rebasing.” Yam Falls Prey to Poor Smart Contracts Crypto is the roller-coaster that never fails to give. This morning, governance and money experiment project Yam Finance gave theRead MoreRead More. The post by Shaurya Malwa appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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Ethereum’s Vitalik Buterin Says DeFi Users are Underestimating Risks

Ethereum co-founder Vitalik Buterin believes DeFi investors are underestimating smart contract risks on platforms locking billions of dollars these days, he said on a podcast this week. “DeFi is Fine, But Don’t Put Your Life Savings” In an interview marking Ethereum’s fifth birthday (it launched July 2015), Buterin said most DeFi players were not fullyRead MoreRead More. The post by Shaurya Malwa appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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Bitcoin Price at $10.2K Deadlock as Ether Continues Surprise Bull Run

Article Originally Featured in Coin Telegraph MARKET UPDATE Bitcoin (BTC) stayed flat on Sept. 17 as another day of motionless trading continued the largest cryptocurrency’s stay at around $10,200. Market visualization. Source: Coin360 Bitcoin price slowly erodes support above $10K Data from Coin360 showed sideways price action as the order of the day for Bitcoin, which remained rangebound between $10,100 and $10,320. As Cointelegraph reported, a longer period of low volatility saw only a brief interruption on Monday, when BTC/USD suddenly shed around $200. A subsequently rebound to previous levels slowly faded, leading to press time rates of $10,175. The overall change for Bitcoin…

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